Petron Corporation is a Philippine-based oil and gas company and is the country’s largest oil refining and marketing company. Here are some key points about Petron:
- Company Overview: Petron Corporation was founded in 1933 and has its headquarters in Pasig City, Metro Manila, Philippines. It is a subsidiary of San Miguel Corporation, one of the largest and most diversified conglomerates in the Philippines.
- Oil Refining: It operates one of the largest and most modern oil refining facilities in the Philippines, located in Limay, Bataan. The refinery has a processing capacity of over 180,000 barrels per day and produces a wide range of petroleum products, including gasoline, diesel, kerosene, jet fuel, and industrial fuels.
- Gas Stations: It has an extensive network of gasoline stations across the Philippines and other countries. The company operates various types of service stations, including full-service stations, high-end stations, and convenience store setups.
- Lubricants and Specialty Products: In addition to its fuel business, Petron produces and markets a comprehensive range of lubricants and specialty products for various industries, including automotive, industrial, marine, and aviation sectors.
- International Operations: While Petron primarily operates in the Philippines, the company has also expanded its presence internationally. It has established subsidiaries and operations in other countries, including Malaysia and Indonesia.
- Corporate Social Responsibility: Petron is actively involved in various corporate social responsibility (CSR) initiatives, focusing on education, environmental protection, and community development. The company aims to contribute positively to the communities it serves.
- Energy Efficiency and Sustainability: Petron is committed to promoting energy efficiency and sustainability in its operations. The company invests in technology and processes that reduce its environmental impact and promote cleaner energy solutions.
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