(EnergyAsia, April 19 2010, Monday) — Petron Corp, the Philippines’ top oil refiner, said it plans to invest US$600 million to US$700 million to expand its oil refining operations over the next four to five years. President Eric Recto said the company has budgeted 15 billion pesos for capital spending this year, with four billion…
PHILIPPINES: Petron plans to invest up to US$700 million to upgrade refinery
Posted on April 18, 2010 by EnergyAsia