Petron

The law aggravated the overpricing and price manipulation in the world market by the global oil cartel composed of giant transnational corporations (TNCs), some of which have local units and partners in the Philippines such as Petron, Shell, Chevron and Total.

Bulatlat 2009

Petron, the country's largest oil refiner by sales and capacity, and SMC Global Power accounted for a combined 63% of the conglomerate's revenue.

San Miguel Profit Surges 72% Rhea Sandique-Carlos 2011

San Miguel, which already dominates the country's food and beverage industry, has recently sought to ensure future earnings growth by diversifying into heavy industries, taking controlling stakes in toll roads, mining and power-generation companies and oil refiner Petron Corp.

San Miguel Net More Than Doubles Cris Larano 2011

Petron reported first-quarter net profit of 3.4 billion pesos, up 88% from a year earlier, while San Miguel's four power plants reported a combined operating income also of 3.4 billion pesos, up 59%.

San Miguel Net More Than Doubles Cris Larano 2011

Mr. Ang, who is a pilot, has steered San Miguel away from a dependence on its food and beverage business and led it to invest in heavy industries, including taking control of Petron Corp., the country's largest oil refiner and one of the biggest suppliers of jet fuel.

Philippine Airlines Asks for San Miguel's Help Cris Larano 2011

Petron's net profit doubled to 6.03 billion pesos during the period.

San Miguel Profit Surges 72% Rhea Sandique-Carlos 2011

San Miguel has been diversifying over the last few years and has invested in various sectors in the Philippines including power generation and distribution, airports, toll roads and oil refinery via Petron Corp.

San Miguel to Acquire Esso Malaysia Jason Ng 2011

For instance Petron Corp., the Philippines 'largest oil refiner issued $470 million worth of peso-denominated bonds Thursday at a 7% interest rate.

Asia Braces for Flood of Foreign Cash Alex Frangos 2010

Consolidated net sales surged to 263.3 billion pesos from 98.4 billion pesos a year earlier, driven mainly by Petron Corp. and power unit SMC Global Power Holdings Corp.

San Miguel Profit Surges 72% Rhea Sandique-Carlos 2011

For 2011, San Miguel expects a boost from Petron Corp., the country's largest oil refiner by sales, whose earnings will be consolidated into the group's results.

San Miguel's Profit Drops 65% Cris Larano 2011