Wednesday, May 20, 2026
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Tag: Phoenix Petroleum Philippines

Oil price hiked for 3rd straight week: P40/li

The country’s oil firms raised pump prices by as much as P0.40 per liter as of 6 a.m. Tuesday to reflect the movement of...

Phoenix Petroleum swung to P132-m net earnings in Q2

Phoenix Petroleum Philippines said Monday it swung to a net income of P132 million in the second quarter from a P5-million net loss in...

Phoenix Petroleum settles P3.08-b debt

Phoenix Petroleum Philippines said Tuesday it settled P3.083 billion in commercial paper debt on July 26 to strengthen its balance sheet and enhance its...

Oil price hike for 9th round in the offing

Oil firms will raise pump prices anew this week by as much as P0.40 per liter, triggering the ninth consecutive weekly hike in oil prices. "Expect...

Gasoline, diesel, kerosene, LPG prices all go up

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Phoenix exporting lubricant brands to Indonesia as part of ASEAN expansion

Phoenix Petroleum Philippines said it is bringing its product line of lubricants to Indonesia as it expands presence across Southeast Asia. “Indonesia currently has the...

Phoenix Petroleum allots P1b for capex

Phoenix Petroleum Philippines is earmarking P1 billion in annual capital expenditures over the next few years from internally-generated cash for expansion program to boost...

Phoenix Petroleum registered P63-million net income in 2020 on strong fourth-quarter sales

Phoenix Petroleum Philippines said Sunday it posted a net income of P63 million in 2020 on stronger financial performance in the fourth quarter and...

Phoenix Petroleum upbeat despite virus

Phoenix Petroleum Philippines said Monday it is on track to a positive full-year 2020 earnings due to financial initiatives, such as cost saving measures...

Oil prices up again, this time as high as P0.60/ltr

The country’s oil firms raised pump prices by as much as P0.60 per liter effective 6am Tuesday to reflect the movement of prices at...

Local oil firms roll back prices by P0.85/liter

The country’s oil firms rolled back pump prices by as much as P0.85 per liter effective 6 am Tuesday to reflect the movement of...

Unioil sets off price cut by P0.80/liter

Pump prices will likely go down by as much as P0.80 per liter effective Tuesday to reflect the movement of prices in the world...

Phoenix unit starts pilot run of LPG-fired generator sets in Balesin

Phoenix Pilipinas Gas and Power Inc. and U.S.-based Mesa Natural Gas Solutions LLC started the pilot run of LPG-fired generation sets to provide base...

Phoenix gets SEC nod to raise P3.5b

The Securities and Exchange Commission granted Phoenix Petroleum Philippines a permit to sell up to P3.50 billion worth of commercial paper. Phoenix Petroleum senior vice...
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