Tag: Petron

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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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DOE warns fuel stations: No price hikes before Tuesday adjustment

Energy & Mining 0
The Department of Energy (DOE) on Sunday warned oil companies and gasoline stations not to implement fuel price increases ahead of the scheduled adjustment on Tuesday, as authorities step up monitoring amid rising global oil prices.

First Gen plans ₱41.7B capex for 2026 to expand renewable energy projects

Corporate 0
Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.

Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up

Energy & Mining 0
Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.

SEC shuts down MCM Royalty over illegal investment solicitation

Corporate 0
The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.

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