Petron Corp - Company Profile
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Petron Corp (Petron), a subsidiary of San Miguel Corporation, is a downstream energy company. It refines and markets an array of petroleum products including gasoline, liquefied petroleum gas, kerosene, industrial fuel oil, diesel, jet fuel, solvents, asphalts; and petrochemical feedstocks such as benzene, toluene, and propylene. The company exports straight-run fuel oil, diesel, benzene, toluene, and other products. Petron operates an oil refinery in Limay, Bataan. The company sells its products to industrial end-users and resellers through a network of service stations; LPG dealers; and retail outlets. The company markets and distributes refined petroleum products in the Philippines, India, Malaysia, Japan, Singapore, South Korea, Pakistan, Thailand, and the United Arab Emirates. It also supplies jet fuel at major airports to international and domestic airlines. The company exports various petroleum and non-fuel products to Asia-Pacific countries. Petron is headquartered in Mandaluyong, Philippines.
Petron Corp premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Fuels: | Fuel Services | Petrogrease |
Automotive Fuels: | Maintenance and Repairs | Gearfluid |
Industrial Fuels | Marinekote | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | New Products/Services | In June, the company introduced Fiesta gas refillable LPG cylinder in Luzon. |
2023 | Contracts/Agreements | In April, the company signed a contract with local partners for the adoption of a 20-hectare mangrove site. |
2022 | New Products/Services | In September, the company launched Fiesta Gas 170-gram in refillable cylinders. |
Competitor Comparison
Key Parameters | Petron Corp | Exxon Mobil Corp | Chevron Corp | Petroliam Nasional Bhd | ConocoPhillips |
---|---|---|---|---|---|
Headquarters | Philippines | United States of America | United States of America | Malaysia | United States of America |
City | Mandaluyong | Spring | San Ramon | Kuala Lumpur | Houston |
State/Province | - | Texas | California | Kuala Lumpur (Federal Territory of) | Texas |
No. of Employees | 2,957 | 62,000 | 45,600 | 49,771 | 9,900 |
Entity Type | Public | Public | Public | Government | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ramon S. Ang | Chief Executive Officer; Director; President | Executive Board | 2015 | 69 |
Lubin B. Nepomuceno | General Manager; Director | Executive Board | 2015 | 72 |
Jhoanna Jasmine M. Javier-Elacio | Compliance Officer; General Counsel | Senior Management | - | - |
Virgilio V. Centeno | Vice President - Industrial Sales | Senior Management | - | - |
Mark Tristan D. Caparas | Petron Malaysia - Chief Finance Officer; Vice President | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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