Friday, May 15, 2026
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Tag: Phoenix Petroleum Philippines

Phoenix to issue P5b in preferred shares

The board of oil player Phoenix Petroleum Philippines approved the issuance of P5 billion worth of perpetual preferred shares as part of its fund-raising...

Phoenix sets off sixth price rollback

Davao-based oil player Phoenix Petroleum Philippines led the latest oil price rollback of as much as P1.30 per liter starting noon Saturday, the sixth...

Oil players rollback pump prices by P2.50 per liter

The country’s oil firm implemented a huge oil price rollback of as much as P2.50 per liter for gasoline effective 6 a.m. Tuesday to...

No to tax hike–oil players

Oil companies hope the Department of Finance will not change its mind and reimpose higher excise taxes in January so that consumers can get...

Oil price rollback: P1.10/liter

Phoenix Petroleum Philippines led the latest price rollback of as much as P1.10 per liter effective 6 am Sunday. “For the 4th straight week and...

Halloween treat: Oil price cut

The country’s oil players gave motorists and consumers an early Halloween treat by reducing pump prices effective Sunday. It was the third price rollback...

Phoenix forms Singapore unit

Phoenix Petroleum Philippines said its board approved and authorized the company to organize, form and establish a wholly-owned subsidiary in Singapore to manage investments...

Phoenix approves commercial paper issue worth P10b

The board of Phoenix Petroleum Philippines approved the issuance of up to P10 billion in commercial paper to fund working capital requirements and refinance...

Oil firms reverse gears, cut prices

The country’s oil players rolled back pump prices by as much as P0.85 per liter over the weekend, ending several weeks of consecutive price...

CNOOC, Phoenix bid for LNG hub

Tanglawan Philippines LNG Inc., the joint venture of China National Offshore Oil Corp. and Phoenix Petroleum Philippines, submitted a technical and financial proposal to...

Fuel prices up anew today by P0.65 per liter

Pump prices went up by P0.65 per liter effective 6 am today"•the fourth consecutive oil price increase"•to reflect the movement of world oil prices. “Phoenix...

Oil firms hike prices by P.60/liter

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Phoenix leads pump price hike

The country’s oil firms are increasing domestic pump prices by P0.25 per liter for diesel and P0.15 per liter for gasoline effective Tuesday to...

Oil firms to cut pump prices by P0.10/liter today

The country’s oil firms cut pump prices by P0.10 per liter effective Tuesday to reflect the movement of prices in the world market. “Please note...
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