Petron Corporation is the largest oil company in the Philippines, operating the country’s only remaining refinery. The company is also a leading player in Malaysia, with a combined refining capacity of 268,000 barrels per day.
Our world-class petroleum products and petrochemicals fuel industries and the daily lives of millions of Filipinos and Malaysians, enabling growth and success in the communities we are proud to serve. As a Filipino company, we have a unique understanding of the local market. Each of our products has been specially formulated to meet your needs and lifestyle.
The company’s history dates back to September 7, 1933, when Socony-Vacuum Oil Company (Standard Oil of New York) and Standard Oil of New Jersey merged their interests in the Far East into a 50–50 joint venture named the Standard Vacuum Oil Company. In 1973, the Philippine National Oil Company (PNOC) acquired Esso Philippines at the height of the first oil crisis and renamed it Petrophil Corporation. In February 1988, Petrophil was rechristened Petron Corporation.
In 2009, San Miguel Corporation (SMC) started managing Petron. Under the aegis of San Miguel, Petron embarked on several strategic projects aimed at sustaining its industry leadership and more importantly, reach more Filipinos. Petron embarked on a massive retail network expansion program. It pioneered the micro-filling station.
The company is primarily engaged in refining and marketing a full range of fuels and petrochemicals. Petron’s major products include gasoline, diesel, LPG, jet fuel, kerosene, and various petrochemicals with brands including Blaze 100, XCS, Xtra Advance, Turbo Diesel, Diesel Max, Gasul, and Fiesta Gas. The company’s products serve a wide range of customers, including motorists, households, and industries such as power generation, manufacturing, mining, and agribusiness.
Proudly built and run by Filipino engineers, the Petron Bataan Refinery is one of the most modern integrated oil refining and petrochemical complexes in the Asia-Pacific region. In 2017, the refinery maximized its 180,000 barrels per day capacity, attaining its highest utilization rate. This means that Petron will be able to supply the country’s fuel needs, especially high-value segments including petrochemicals.
Petron Corporation, the Philippines’ largest oil company, just posted its best financial performance ever. The company earned a net income of ₱15.6 billion in 2025,
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