Tag: Petron

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Petron warns potential fuel shortage to pose risks to economy, security

Petron Corp., the Philippines’ largest oil company, sounded the alarm on the risks posed by severe fuel supply disruptions, warning of “catastrophic consequences” for the economy and national security as geopolitical tensions in the Middle East continue roil global oil markets.

Former Public Works chief leaves Petron board

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

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

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

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.

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ASEAN summit to showcase 50 MSMEs, advance P35B farm investments

The ASEAN Business Advisory Council (ABAC) is putting small businesses alongside regional corporate heavyweights at its November 14-15 summit in Manila, while advancing a P35-billion pipeline of private investments in agriculture and food security.

The showroom is now in your pocket

Buying a car in the Philippines has traditionally involved three things: a dealership, a salesperson who calls you “Sir” or “Ma’am” with enthusiasm, and a calculator poised to reveal how much of your future salary you need to commit. There may also be coffee, a test drive, and a discussion about whether the free tint is really worth installing.

PSAC seeks P1B yearly for 100 Filipino scholars abroad

The Private Sector Advisory Council (PSAC) is proposing a P1-billion annual government allocation to send 100 top-performing Filipino students to leading universities overseas, with scholars required to return home and put their expertise to work in the Philippines.

Jobless Filipinos surge to 2.86M in September 

The number of unemployed Filipinos surged to 2.86 million in September 2026 as employment growth failed to keep pace with an expanding labor force, pushing the jobless rate to its highest level in recent months.

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