Tag: Petron

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Former Public Works chief leaves Petron board

Corporate Context.ph Context.ph -
After more than a decade of service, former Public Works Secretary Jose P. de Jesus is stepping down from the board of Petron Corporation, the country’s largest oil company. His resignation, effective end of January 2026, was for “personal reasons,” and Petron has yet to name a replacement.

Petron bonds listed on PDEX, investor confidence underscored

Markets Context.ph Context.ph -
Petron Corp. on Monday listed on the Philippine Dealing and Exchange Corp. (PDEX) its fixed-rate bond that raised P32 billion amid oversubscription, which underscored investor confidence on the Philippines’ largest oil company.

Petron announces passing of director Horacio Ramos

Energy & Mining Context.ph Context.ph -
Petron Corp., the oil subsidiary of San Miguel Corp., announced Monday that its director, Horacio Ramos—former Secretary of the Department of Environment and Natural Resources (DENR)—has passed away.

DOE reiterates LIRA compliance to avoid hefty penalties

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Monday called on liquefied petroleum gas (LPG) industry players to comply with the LPG Industry Regulation Act (LIRA) in full to avoid severe penalties, including fines, business closure, and even criminal charges.

Petron to raise up to P32B via peso bond issue

Markets Context.ph Context.ph -
Petron Corp., the Philippines' largest oil company and sole refiner, announced Tuesday that its board has approved a plan to raise up to P32 billion this year through the public offer of peso-denominated retail bonds.

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Gokongwei, Salazar named MAP Management Persons of the Year

Corporate 0
The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

Finance 0
The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

Transport & Logistics 0
FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

Economy 0
President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

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