The undisputed leader in oil trade with practically 38% of the full market, Petron Company serves as the Philippines’ largest oil refining and advertising company.
Petron Corporation was integrated within the Philippines in 1966. Its core enterprise is refining crude oil, and advertising and distributing refined petroleum products. It sells a full vary of refined petroleum products equivalent to:
- industrial fuel oil
- liquefied petroleum gas (LPG)
- jet gas
- combined xylene and propylene
Its oil refinery produces 180,000 barrel-per-day petroleum products to supply practically forty% of the nation’s complete gas requirements.
Petron has the largest variety of service stations in the Philippines. It has over 1,900 service stations that retail gasoline, diesel and kerosene to motorists.
At present, Petron Corporation has seven subsidiaries specifically:
- New Ventures Realty Company
- Petrogen Insurance Corporation
- Overseas Insurance Corporatio, Ltd.
- Petron Basis Inc.
- Petron Freeport Company
- Petron Marketing Company
- Petron Singapore Trading Pte, Ltd.
Petron’s headquarters is situated at the San Miguel Corporation – Head Office Advanced, San Miguel Avenue, Mandaluyong Metropolis, Philippines.
“Largest Oil Refining and Marketing Firm within the Philippines” was written by admin underneath the Enterprise category. It has been learn times and generated 1 comments. The article was created on 07 March 2012.