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REFINERY HOLDINGS

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abtest

Petron shares down 15% on news of sale by employee retirement fund

By Zinnia B. Dela Peña | January 19, 2012 - 12:00am

Investors sold down shares of refining giant Petron Corp. yesterday, with its stock falling nearly 15 percent after the company said its employee retirement fund is selling 695.3 million common shares for P7.648...

Business

DBP advises on PNOC, Petron deal

December 23, 2008 - 12:00am

The Philippine National Oil Co. (PNOC) has signed a share purchase agreement last Dec. 19, selling the National Government’s remaining 40-percent stake or 3.755 billion shares in Petron Corp. to SEA Refinery...

Banking

RP to sell Petron stake for P26 B

By Ted P. Torres | October 7, 2008 - 12:00am

The government still intends to sell its 40-percent stake in Petron Corp., the company said in a statement yesterday. The ...

Business

Government to sell 40% stake in Petron

By Iris Gonzales | October 2, 2008 - 12:00am

The government has decided to sell its 40-percent stake in Petron Corp., the country’s biggest oil refiner, and ...

Business

Petron needs $1.5B more for petrochem proj

By Donnabelle L. Gatdula | March 18, 2008 - 12:00am

Business