Petron Corporation

Petron Corporation
Company typePublic Subsidiary
PSEPCOR
IndustryOil and Gas
FoundedSeptember 7, 1933; 91 years ago (1933-09-07) (as Standard Vacuum Oil Company (Philippines))
Headquarters
Area served
Philippines
Malaysia[1]
Key people
  • Ramon S. Ang (Chairman, President and CEO)[2]
  • Lubin B. Nepomuceno (General Manager)[2]
  • Emmanuel E. Eraña (SVP & CFO)
ProductsOil
Natural gas
Oil refining
RevenueDecrease 287.08 billion PHP (2020)
Decrease -16.21 billion PHP (2020)
Decrease -11.41 billion PHP (2020)
Total assetsDecrease 349.73 billion PHP (2020)
Total equityDecrease 86.2 billion PHP (2020)
Number of employees
9,236 nationwide (2019)
ParentSan Miguel Corporation (68.26%)[3]
Websitewww.petron.com

Petron Corporation is the largest oil refining and marketing company in the Philippines,[4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m3/d). From the refinery, Petron moves its products mainly by sea to 32 depots and terminals throughout the country.

  1. ^ "Who We Are".
  2. ^ a b "Petron appoints Danding Cojuangco as chairman". ABS-CBN News.
  3. ^ "Page 48 -Definitive Information Statement - San Miguel Corp. - May 13 2011" (PDF). Archived from the original (PDF) on 2012-08-13.
  4. ^ Gonzales, Iris. "Petron gets world class certification anew". Philstar.com. Retrieved 2022-04-01.