Petron Corporation
| Company type | Public Subsidiary |
|---|---|
| PSE: PCOR | |
| Industry | Oil and Gas |
| Founded | September 7, 1933 (as Standard Vacuum Oil Company (Philippines)) |
| Headquarters |
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Area served | Philippines Malaysia |
Key people |
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| Products | Oil Natural gas Oil refining |
| Revenue | 287.08 billion PHP (2020) |
| -16.21 billion PHP (2020) | |
| -11.41 billion PHP (2020) | |
| Total assets | 349.73 billion PHP (2020) |
| Total equity | 86.2 billion PHP (2020) |
Number of employees | 9,236 nationwide (2019) |
| Parent | San Miguel Corporation (68.26%) |
| Website | www |
Petron Corporation is the largest oil refining and marketing company in the Philippines, 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.