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Biz Buzz: RVO leaves SMC, Petron

Former trade minister Robert V. Ongpin (a.k.a. RVO) is no longer up for reelection on the board of conglomerate San Miguel Corp. at the upcoming meeting this June 10 for the first time since joining as director in 2009.

Posted: May 12th, 2014 in Columnists,Headlines | Read More »

Petron raises $120M for upgrade of Bataan oil refinery

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INQUIRER.net FILE PHOTO

The country’s largest oil refiner and distributor Petron Corp. has raised $120 million from the capital market to complete its Bataan oil refinery upgrade program.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

Petron ’13 income surges on PH, Malaysia sales

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INQUIRER.net FILE PHOTO

Petron Corp. nearly tripled its net income in 2013 on the back of its sales performance in Malaysia.

Posted: March 25th, 2014 in Headlines | Read More »

Oil prices rise for first time in 2014

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AP FILE PHOTO

Oil firms announced their first price hike for the year as fuel demand recovered following three straight weeks of decline.

Posted: January 28th, 2014 in Latest Business Stories | Read More »

Oil firms cut diesel, kerosene prices

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INQUIRER FILE PHOTO

The first oil price adjustment for 2014 rolled back diesel and kerosene prices, reflecting the impact of crude stockpiles in the international market.

Posted: January 6th, 2014 in Latest Business Stories | Read More »

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