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Tag: Phoenix Petroleum

Phoenix Petroleum breaks silence on Hidilyn Diaz ‘lifetime fuel’ controversy

Phoenix Petroleum has issued an official statement addressing the controversy surrounding the promised lifetime fuel incentive for Olympic champion Hidilyn Diaz. The clarification came after...

Cirtek, Phoenix Petroleum skip paying dividends on lack of retained earnings

Listed electronics manufacturer Cirtek Holdings Philippines Corp. and oil firm Phoenix Petroleum Philippines Inc. said they remain unable to pay dividends or redeem preferred...

Phoenix reinforces marine conservation

Phoenix Petroleum, through its foundation, joined thousands of volunteers worldwide for the 2025 International Coastal Cleanup on Sept. 20, 2025, reinforcing its drive to...

Phoenix to install electric vehicle chargers nationwide

Phoenix Petroleum Philippines Inc. and V-Green Charging Station Development Philippines Inc. have signed a strategic partnership to install electric vehicle (EV) chargers at Phoenix...

Phoenix Petroleum nears debt restructuring to boost recovery

Phoenix Petroleum Philippines Inc. said Wednesday it is close to finalizing a debt restructuring program to improve its financial situation. The company said in a...

Fuel vouchers

Phoenix Petroleum general manager for digital enterprise Gino Celerian (second from left) and Share Treats president and chief executive Hong Bae Lee (third from...

An unstoppable season of giving back at Phoenix

There are many ways of celebrating the holiday season. Children sing carols. Families plan holiday travels. Friends reunite over dinners. And companies make merry...

Batangas court lifts garnishment order on Phoenix Petroleum’s assets

Phoenix Petroleum Philippines Inc. said Friday the Regional Trial Court Branch 14 in Nasugbu, Batangas lifted the garnishment order against its assets. Phoenix said in...

Pump price cut: Diesel by P0.30

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Phoenix Petroleum recovered with Q3 income of P296m

Phoenix Petroleum, the country’s third largest oil player, returned to profitability in the third quarter with a net income of P296 million, following a...

Oil prices seen mixed: Gas up, diesel down

Consumers can expect gasoline prices to go up and diesel prices to go down this week due to the movement of prices in the...

Gas up P0.70/l, kerosene P0.40, diesel by P0.30

The oil companies raised pump prices by P0.70 per liter of gasoline, P0.40 per liter of kerosene and P0.30 per liter of diesel effective...

Phoenix rationalizes supply chain

Phoenix Petroleum Philippines said it undertook major supply chain rationalizations to generate savings of more than P300 million over the next few years. It said...

Phoenix, Petron extend fuel subsidies for free ride service

Two more oil companies that have partnered with the Department of Transportation (DOTr) in its Free Ride Service for Health Workers Program will be...
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