petron

Retail Asia06/12/2018

Malaysians can now utilise cashback from ShopBack every time they refuel at petrol stations. The No.1 Cashback portal in the country recently inked a partnership with Petron Malaysia, becoming the first in the country to allow users to convert cashback to Petron Miles (PMiles) Points and vice versa. “Previously, after our users get cashback from […]

Retail Asia03/01/2018

Petron Corp. is pursuing a $3.5-billion expansion of its refinery in Malaysia that would significantly improve the company’s bottomline, a top executive said. “One we complete the expansion there, we are projecting that it will give $600 million a year from $20 million,” Petron president Ramon Ang said. Petron acquired Esso Malaysia’s Port Dickson refinery […]

Retail Asia03/01/2018

Petron Corp., the largest oil refining and marketing company in the Philippines, is projecting earnings of about $600 million a year once the planned expansion of its refinery in Malaysia is completed. “Once the expansion is finished, we are expecting earnings before interest, taxes, depreciation and amortization (EBITDA) of $600 million annually from $20 million […]

Retail Asia06/09/2017

Petron Corp. saw its consolidated net income in the first semester surge 56 percent year-on-year to P8.2 billion this year from P5.3 billion last year, despite supply issues brought about by refinery maintenance. The oil refiner and retailer said in the first half of 2017, it saw its crude oil inventory go down while its […]

Retail Asia17/05/2017

Petron, the country’s biggest oil refiner and retailer, has partnered with two foreign firms to start building a new oil refinery worth $15 million to $20 billion by early 2018. “This is the biggest investment in the Philippine history so far. Have you seen a plant that is worth that much?” Ramon Ang, president and chief executive […]

Retail Asia31/05/2016

The Philippines’ largest oil refiner and distributor Petron Corporation is set to further expand its retail business as it continues to enjoy stronger sales and positive growth potentials, reported The Standard. Source: Petron Corporation Facebook Page This year, Petron targets to add more than 250 gas stations to the existing 2,800 Petron stations in Malaysia […]

Tag: petron

ShopBack Partners Petron to Launch Petrol Redemption Programme

Petron investing $3.5b in Malaysian oil refinery

Petron sees $600M in annual earnings

Petron posts 56% jump in income

Petron to start $20B oil refinery in early 2018

Petron to open more than 250 gas stations in Malaysia and the Philippines