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                    [ArticleID] => 205278
                    [Title] => Petron income down 32% in 1st qtr
                    [Summary] => Market leader Petron Corp. yesterday posted a net income of P445 million for the first quarter of 2003, 32 percent lower than the P652-million earnings for the same period in 2002. 


The oil company attributed the decline  to the emergency shutdown of its largest crude distillation unit for three weeks in February. 


The temporary shutdown, it said, forced the company to import finished products at a time when international prices were at peak levels. 


                    [DatePublished] => 2003-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 196226
                    [Title] => Petron to scale down output
                    [Summary] => Petron Corp., the country’s largest oil refiner, is expected to scale down its output for almost a month due to the shutdown of one of its oil processing units in Bataan.


In a letter to the Philippine Stock Exchange (PSE) disclosure department, Petron corporate secretary Liberador Villegas said "the APS-2 (atmospheric pipeline steel) process block at our Bataan Refinery has been on emergency shutdown since February 15."


                    [DatePublished] => 2003-02-21 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 139394
                    [Title] => Petron to spend add’l P1.5B for expansion
                    [Summary] => Petron Corp. will be spending an additional P1.5 billion for its refinery expansion and marketing capital, a company official disclosed to the Philippine Stock Exchange (PSE).


Petron corporate secretary Liberador Villegas said the capital expenditure program will be implemented by next year as approved by the company’s board of directors.


This year, Petron has allotted only about P837 million for programmed investments, of which 64 percent will be channeled to marketing and supply facility and 35 percent for refinery enhancements.


                    [DatePublished] => 2001-11-08 00:00:00
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LIBERADOR VILLEGAS

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                    [ArticleID] => 205278
                    [Title] => Petron income down 32% in 1st qtr
                    [Summary] => Market leader Petron Corp. yesterday posted a net income of P445 million for the first quarter of 2003, 32 percent lower than the P652-million earnings for the same period in 2002. 


The oil company attributed the decline  to the emergency shutdown of its largest crude distillation unit for three weeks in February. 


The temporary shutdown, it said, forced the company to import finished products at a time when international prices were at peak levels. 


                    [DatePublished] => 2003-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 196226
                    [Title] => Petron to scale down output
                    [Summary] => Petron Corp., the country’s largest oil refiner, is expected to scale down its output for almost a month due to the shutdown of one of its oil processing units in Bataan.


In a letter to the Philippine Stock Exchange (PSE) disclosure department, Petron corporate secretary Liberador Villegas said "the APS-2 (atmospheric pipeline steel) process block at our Bataan Refinery has been on emergency shutdown since February 15."


                    [DatePublished] => 2003-02-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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                    [ArticleID] => 139394
                    [Title] => Petron to spend add’l P1.5B for expansion
                    [Summary] => Petron Corp. will be spending an additional P1.5 billion for its refinery expansion and marketing capital, a company official disclosed to the Philippine Stock Exchange (PSE).


Petron corporate secretary Liberador Villegas said the capital expenditure program will be implemented by next year as approved by the company’s board of directors.


This year, Petron has allotted only about P837 million for programmed investments, of which 64 percent will be channeled to marketing and supply facility and 35 percent for refinery enhancements.


                    [DatePublished] => 2001-11-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Petron income down 32% in 1st qtr

By Donnabelle L. Gatdula | May 8, 2003 - 12:00am

Market leader Petron Corp. yesterday posted a net income of P445 million for the first quarter of 2003, 32 percent lower than the P652-million earnings for the same period in 2002. The oil company attributed the...

Business

Petron to scale down output

February 21, 2003 - 12:00am

Petron Corp., the country’s largest oil refiner, is expected to scale down its output for almost a month due to the shutdown of one of its oil processing units in Bataan. In a letter to the Philippine Stock...

Business

Petron to spend add’l P1.5B for expansion

November 8, 2001 - 12:00am

Petron Corp. will be spending an additional P1.5 billion for its refinery expansion and marketing capital, a company official disclosed to the Philippine Stock Exchange (PSE). Petron corporate secretary Liberador...

Business