Phoenix Petroleum
ARTICLE FINDER

Oil firms cut prices for 2nd straight time

Feb 18, 2018 - 8:40 PM

The price of gasoline goes down by P1.05 per liter, diesel by P1.25 per liter, and kerosene by P1.20 per liter on Sunday, February 18

OIL ROLLBACK. Motorists gas up at a gasoline station in Paco, Manila on January 10, 2018. Photo by Ben Nabong/Rappler

Dennis Uy's Phoenix Petroleum inks deal to buy FamilyMart

Oct 30, 2017 - 2:55 PM

The planned acquisition of FamilyMart's Philippine franchise from Ayala Land and the SSI Group would mark Phoenix Petroleum's entry into the fast-growing domestic convenience retail market

How to grow a business, according to Dennis Uy

Aug 16, 2017 - 10:00 AM

The 43 year old businessman from Davao – also a staunch supporter of President Rodrigo Duterte – is one of the most aggressive dealmakers in the country acquiring companies left and right

Sit down interview with Phoenix Petroleum President and CEO Dennis Uy on July 12, 2017. Photo by LeAnne Jazul/Rappler

Core business fuels Phoenix Petroleum's income

Aug 14, 2017 - 11:37 AM

The oil firm s strong performance was brought about by the 24 increase in revenues from its core petroleum business

Big business winners, losers in Duterte's 1st year

Jul 24, 2017 - 5:03 PM

The stock price of Dennis Uy s Phoenix Petroleum increased about 92 from July last year while Ongpin associated Philweb s stock price fell 46 3

FIREBRAND. Though President Rodrigo Duterte has for the most part left businessmen on their own, his tirades against select businessmen have brought about  tremors at the Philippine Stock Exchange.

Chelsea Logistics' final offer price: P10.68 each

Jul 20, 2017 - 7:11 PM

This is lower compared to the P14 63 maximum offer price earlier set by the company

GO PUBLIC. Thirty percent of the company’s outstanding common shares will be listed with the Philippine Stock Exchange on August 8 under the ticker symbol 'CLC.' In the photo is Chelsea founder Dennis Uy. Photo by LeAnne Jazul/Rappler

PSE approves Dennis Uy's Chelsea Logistics IPO

Jul 19, 2017 - 5:52 PM

Priced at P14 63 each Chelsea Logistics expects to earn P7 59 billion from the initial public offering to fund its fleet expansion and acquisition of logistics and shipping firms among others

TO BE PRIME MOVER. 'Going public will further strengthen our position to serve the need for better shipping and logistics in a fast-growing economy like the Philippines,' Chelsea founder Dennis Uy says. Photo by LeAnne Jazul/Rappler

The week in photos: July 8-14, 2017

Jul 15, 2017 - 9:30 AM

This week s selection of photo highlights here and around the world

People cool off in a swimming pool in Yangzhou, Jiangsu province on July 12, 2017.  The summer heatwave is forecast to continue and expand over more of the country, with people being warned to protect themselves from the sun. / AFP PHOTO / STR / China OUT

Dennis Uy, Duterte's friend, creates P100-M mutual fund for gov't troops

Jul 11, 2017 - 10:31 PM

The mutual fund would offer financial security to soldiers and policemen as well as their families through sound investment practices and guidance programs

GRANT FOR SOLDIERS. Phoenix Petroleum CEO Dennis Uy (right) was among the major campaign contributors of President Rodrigo Duterte in 2016. Photo by Leanne Jazul/Rappler

Dennis Uy's Chelsea Logistics gets SEC approval for IPO

Jul 11, 2017 - 9:10 PM

The Securities and Exchange Commission approves Chelsea Logistics Corporation s planned P8 billion initial public offering

'GREAT DAY.' 'This is a great day for us. Thank you. I hope we can get the support of the investors,' Chelsea chief Dennis Uy says. Photo by Leanne Jazul/Rappler

Duterte visits PSE for campaign donor Dennis Uy

Jul 11, 2017 - 7:14 PM

Duterte is the first Philippine president in recent history to attend the anniversary of the listing of a company at the Philippine Stock Exchange

FIRST VISIT TO PSE. President Rodrigo Duterte and Cabinet members join Phoenix Petroleum CEO Dennis Uy onstage at the PSE trading hall. All photos by LeAnne Jazul/Rappler

Phoenix Petroleum seeks $126-M acquisition of Petronas Energy, Duta

Jul 06, 2017 - 9:25 PM

Before acquiring the two firms Phoenix Petroleum must secure the approval of the Philippine Competition Commission

ACQUIRE MORE. This comes after Phoenix and PDB (Netherlands) BV signed an MOU on planned 100% share acquisition of PEPI and its affiliate, Duta. Image from Phoenix Petroleum

Logistics boosts 2GO's net income in 2016

Apr 17, 2017 - 6:20 PM

The management of 2GO attributes the strong performance to sustained topline growth coupled with improved cost efficiencies

LIFTED BY LOGISTICS. 2GO's non-shipping revenues grows by 30% to P10.32 billion in 2016 due to increased service offerings and improved market share from its major accounts. Screenshot from 2GO website

Phoenix boss Dennis Uy replaces Tagud as head of 2GO

Apr 10, 2017 - 7:07 PM

The Davao based Uy also serves as the chairman of Udenna Corporation the parent firm of Phoenix Petroleum Corporation and Chelsea Logistics Corporation

NEW CHIEF. Dennis Uy replaces Sulficio Tagud Jr. as president and CEO of 2GO's parent firm, NENACO. Photo of Uy from Apex Mining website

Phoenix Petroleum offers to pay taxes in advance

Mar 26, 2017 - 9:55 PM

This marks the first time any oil company has volunteered to pay its taxes in advance to show support for a government program

HIGHER TAXES. This is Phoenix Petroleum's gesture of support to the administration's proposed tax reform, which includes higher excise taxes. Image from Phoenix Petroleum official website

Fuel prices to go up on Jan 3

Jan 02, 2017 - 3:32 PM

Oil companies in the Philippines will implement the price hike at 6 am on Tuesday January 3

OIL PRICES. An attendant fills up a motorcycle with gasoline at a gasoline station in Kamuning, Quezon City. File photo by Joel Liporada/Rappler

Fuel prices going up again Dec 20

Dec 19, 2016 - 5:10 PM

Oil companies in the Philippines will implement the price hike at 6 am on Tuesday December 20

OIL PRICES. An attendant fills up a motorcycle with gasoline at a gasoline station in Kamuning, Quezon City. File photo by Joel Liporada/Rappler

IN PHOTOS: The 2016 MVP Bossing Awards

Dec 01, 2016 - 1:52 PM

Last November 23 PLDT SME Nation recognized 8 outstanding Filipino entrepreneurs for their achievements in driving their businesses towards inclusive growth See the highlights here

Oil price rollback set for July 19

Jul 18, 2016 - 5:24 PM

Shell Phoenix and Eastern Petroleum announce a P0 55 liter cut for gas P0 75 liter for diesel

Cafe France, Phoenix Petroleum win PBA D-League openers

Jan 25, 2016 - 7:34 PM

Last conference s champion Cafe France and the FEU powered Phoenix Petroleum dominate their foes to start the 2016 PBA D League Aspirants Cup

PBA approves Barako Bull sale to Phoenix Petroleum

Jan 20, 2016 - 3:50 PM

The new team will begin playing in the next conference

Oil firms slash prices for 8th consecutive week

Aug 10, 2015 - 8:06 PM

The oversupply situation and downward trend in world oil prices continue to pressure local pump prices to go down further

Oil firms roll back prices June 30

Jun 29, 2015 - 1:23 PM

Petron Shell and Phoenix will roll back gasoline prices by more than a peso per liter

Oil rollback, France makes history, AirAsia black box | The wRap

Jan 12, 2015 - 9:07 PM

Oil prices in the Philippines roll back for the second time in 2015 Millions march against terrorism in France Searchers retrieve the black box of Air Asia flight QZ8501

Gas prices dip further in 2015's second rollback

Jan 11, 2015 - 4:43 PM

Several oil companies in the Philippines will cut prices of gasoline kerosene and diesel on Monday January 12

Gasoline, diesel prices up

Sep 02, 2014 - 3:42 PM

Petron Shell and small players Phoenix Petroleum and PTT announce first price adjustments for September

Photo by AFP

Biz groups slam CA in smuggling case

May 24, 2013 - 12:30 PM

Two influential business groups slam the Court of Appeals for intervening in the smuggling case the government has filed against Phoenix Petroleum

DON'T MEDDLE. Two influential business groups say the Court of Appeals should not intervene in the government's smuggling case against oil retailer Phoenix Petroleum. File photo taken from Phoenix Petroleum website

DOF: Top taxpayer ranking does not provide immunity

May 02, 2013 - 8:51 AM

Finance Secretary Cesar Purisima said that firms in the top taxpayers list or top importers list are not exempt from prosecution

NO IMMUNITY. Finance Secretary Cesar Purisima said that firms in the top taxpayers list are not exempt from prosecution.

DOJ looking to charge BOC officials in Phoenix case

Apr 26, 2013 - 11:49 AM

Justice Secretary Leila de Lima says smuggling in Cebu could not have been perpetrated without the connivance and conspiracy of Customs officials or employees

MORE CHARGES. The DOJ is looking to file more cases in relation to the smuggling charge against Phoenix Petroleum. Taken from Phoenix Petroleum website

Phoenix Petroleum: Smuggling charge 'unsubstantiated'

Apr 25, 2013 - 5:23 PM

Oil company Phoenix Petroleum dismissed smuggling charges against its president saying that the case contravenes due process and fair play

DUE PROCESS. Phoenix Petroleum says that smuggling charges filed by the DOJ is a "clear violation of established rules and jurisprudence." Taken from Phoenix Petroleum website

Petron, Phoenix bag nearly P76-M diesel supply contracts

Apr 24, 2013 - 9:03 PM

The companies will supply industrial diesel oil to power barges

Phoenix Petroleum raises P1-B for expansion, debt

Mar 12, 2013 - 4:54 PM

The company will use proceeds for repaying its debt from the construction of new retail gas filling stations

Taken from Phoenix Petroleum website