Search company, investor...

Founded Year

1933

Stage

Loan | Alive

Total Raised

$700M

Last Raised

$700M | 5 yrs ago

About Petron

Petron is the an oil refining and marketing company in the Philippines

Headquarters Location

San Miguel Avenue

Mandaluyong City,

Philippines

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo
You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together.
Click Now. Join a live demo
Join a demo

Petron Patents

Petron has filed 1 patent.

The 3 most popular patent topics include:

  • Chemical processes
  • Commodity chemicals
  • Hazardous air pollutants
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/3/2020

3/21/2023

Chemical processes, Commodity chemicals, Hazardous air pollutants, Organic sodium salts, Industrial gases

Grant

Application Date

9/3/2020

Grant Date

3/21/2023

Title

Related Topics

Chemical processes, Commodity chemicals, Hazardous air pollutants, Organic sodium salts, Industrial gases

Status

Grant

Latest Petron News

Petroleum firms adjust fuel pump prices anew

Sep 11, 2023

Oil prices are on the rise again this week. In separate advisories, oil firms said Monday they would increase gasoline prices by P0.20 per liter and diesel by P0.40 per liter. This was announced Monday by Petron, Shell, Caltex, Total, Unioil, Phoenix, PTT, Seaoil, and Cleanfuel. The upward price adjustment takes effect at 6 a.m. of Tuesday, September 12. Cleanfuel, for its part, will adjust its prices at 4:01 p.m. This is the 10th consecutive week of increase for diesel and kerosene and the ninth for gasoline. Last September 5, oil companies implemented an increase of P0.50 per liter for gasoline, P1.20 per liter for diesel and P1.10 per liter for kerosene. These price adjustments resulted in a year-to-date net increase of P15.30 per liter for gasoline, P10.70 per liter diesel and P7.74/per liter for kerosene. Movements in the world oil market affect local pump prices. Saudi Arabia and Russia have extended their oil export cuts by one million daily and 300,000 barrels per day, respectively. Department of Energy (DOE) Secretary Raphael Lotilla commented that the fuel price hike is a global concern. “If I had a way to bring them down, I could,” he said when asked for comment. LPG (liquefied petroleum gas) prices also went up early this month by P6.65 per kilogram. Likewise, auto LPG also increased by P3.7 per liter. Petron said this reflect the international contract price of LPG for the month of September.

Petron Frequently Asked Questions (FAQ)

  • When was Petron founded?

    Petron was founded in 1933.

  • Where is Petron's headquarters?

    Petron's headquarters is located at San Miguel Avenue, Mandaluyong City.

  • What is Petron's latest funding round?

    Petron's latest funding round is Loan.

  • How much did Petron raise?

    Petron raised a total of $700M.

  • Who are the investors of Petron?

    Investors of Petron include Sumitomo Mitsui Banking, Standard Chartered, Bank of China, Australia and New Zealand Banking Group, DBS Bank and 3 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.