Wednesday, May 20, 2026
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Tag: Phoenix Petroleum Philippines

Phoenix Petroleum raising another P7 billion

The board of Phoenix Petroleum Philippines on Monday approved the registration of commercial papers with an aggregate principal amount of P7 billion as part...

Gasoline price cut seen at P0.20

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Oil firms cut gas, kerosene prices; diesel prices stay

The country’s oil firms cut pump prices starting 6 a.m. Tuuesday, ending eight weeks of consecutive oil price hikes. The oil firms cut the price...

Phoenix diversifies petroleum business

Phoenix Petroleum Philippines said it is diversifying its core petroleum operations and repositioning its portfolio towards high-growth, high-margin businesses as it shifts the new...

Phoenix requests firms to continue brand building

Phoenix Petroleum Philippines asked other companies to continue marketing and brand building efforts in the wake of the coronavirus pandemic. “This crisis serves as an...

Phoenix optimistic, more resilient despite COVID-19 crisis

Phoenix Petroleum Philippines said it is more resilient than other oil companies despite the challenges posed by the global COVID-19 pandemic. “Compared to what has...

Phoenix reported P215-m loss in Q1

Oil distributor Phoenix Petroleum Philippines said it booked a net loss of P215 million in the first quarter, a reversal of the P415-million net...

Phoenix reduces 2020 capex to P1.5b

Phoenix Petroleum Philippines said it is reducing its 2020 capital expenditure budget to P1.5 billion from P3 billion because of the coronavirus pandemic. Phoenix chief...

Gasoline prices up, diesel down with kerosene

The country’s oil firms raised the price of gasoline by P0.75 per liter but rolled back the price of kerosene and diesel by P0.60...

Oil firms back lifting of ECQ in low-risk areas

The oil industry on Friday welcomed President Rodrigo Duterte’s decision to extend for 15 days the enhanced community quarantine in high-risk areas, including the...

Local oil firms cut diesel prices by P1.15 a liter

The country’s oil firms cut pump prices early Tuesday by as much as P1.15 per liter for diesel to reflect the movement of prices...

Oil industry bracing for lower demand amid 30-day quarantine

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Phoenix leads oil price rollback by P3 per liter

Phoenix Petroleum Philippines announced a price rollback of P3 per liter of diesel and gasoline effective at 12 noon on March 13. READ: Phoenix sets off...

Phoenix sets off another oil price cut: P1.20/liter

Phoenix Petroleum Philippines cut pump prices by P1.20 per liter for gasoline and P0.75 per liter for diesel effective 6 a.m. Saturday to reflect...
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