Milestones

  • 2002
    • The company that was to be known as Phoenix Petroleum is incorporated as a family business in Davao City
  • 2004
    • Launches operations in current form. Begins distributing petroleum products to various commercial entities in Mindanao.
    • Becomes the exclusive logistics partner of Cebu Pacific, the largest domestic airline operator in the country, in all its Mindanao destinations. Phoenix would eventually supply majority of Cebu Pacific's fuel requirements nationwide.
  • 2005
    • Opens first retail station in Digos City in June, with 5 stations by year-end
  • 2006
    • Company is officially renamed to Phoenix Petroleum Philippines, Inc.
    • Expands product line by introducing lubricants
    • 20 stations by year-end, all in southern Mindanao
    • Ranks 570th among country’s Top 10,000 Corporations based on revenue
  • 2007
    • On July 11, launches successful initial public offering under the symbol PNX. Phoenix becomes the first independent oil company to be listed in the Philippine Stock Exchange after the Oil Deregulation Law was passed in 1998.
    • Ranks 473rd among country's Top 10,000 corporations
  • 2008
    • Opens 75th station nationwide and first Manila station in Marikina in October
  • 2009
    • 100th Phoenix station opens in General Santos City in February with world boxing champion Manny Pacquiao as dealer and brand ambassador
    • Acquires the Bacnotan Industrial Park Corp., owner of Batangas Union Industrial Park, in March as part of Luzon expansion program. In July, the 60-hectare BUIP is inaugurated as Phoenix Petroterminal and Industrial Park. It houses the largest Phoenix depot yet.
    • Opens Cebu station in March, the first in Visayas
    • Ends the year with 120 stations opened around the Philippines
    • Ranks 211th in the Philippine Top 10,000 Corporations
  • 2010
    • Opens 150th station in Liloan, Cebu in October
    • Ranked top 84th corporation in the Philippines.
  • 2011
    • In November, inaugurates the company’s most modern terminal facility yet at Cagayan de Oro.
    • With terminals and depots in key islands nationwide, Phoenix Petroleum now has the largest storage capacity among local independent oil companies.
    • Expands retail network to 220 stations
  • 2012
    • Becomes number 1 independent player
    • Rolls out new vision: To be an indispensable partner in the journey of everyone whose life we touch.
    • Acquires Chelsea Shipping Corporation
    • Joins the Philippine Business for Social Progress (PBSP), the largest corporate-led, non-profit social development foundation in the Philippines
    • Becomes a signatory to the Integrity Pledge, a formal and concrete expression of commitment by companies to abide by ethical business practices.
    • Expands to 300 retail stations by December 2012
  • 2013
    • Network expands to 368 stations nationwide
    • Ranks 31st among country's Top 1,000 Corporations
    • Enters into a multi-year partnership with the National Basketball Association (NBA)
    • Inauguration of the Phoenix CME (Coco Methyl Esther) Manufacturing Plant in Cagayan de Oro
  • 2014
    • Expands network to 418 stations nationwide. Several large stations are becoming a one-stop destination with well-known locators in fast food and quick service restaurants, convenience stores, car maintenance, and other services.
    • Launches Pinoy Tsuper Hero, a first of its kind advocacy program, to recognize and empower Filipino drivers
    • Ranks 53rd among country's Top 1,000 Corporations
  • 2015
    • Grows to 454 stations nationwide
    • Phoenix depots reach a safety milestone with 1.69 million safe man hours reached for the period of January to December 2015
    • Awarded as Outstanding Filipino Franchise in Retail-Large Store category in the 2015 Franchise Excellence Awards (FEA) by the Philippine Franchise Association
    • Ranks 60th among country's Top 1,000 Corporations
  • 2016
    • Joins the Philippine Basketball Association (PBA) with the Phoenix Fuel Masters team
    • Inaugurates its new corporate headquarters in Davao City
    • Unveils new station design, featuring a sleek and clean look
    • In November, sells subsidiaries Chelsea Shipping Corporation and Phoenix Petroterminals and Industrial Park Corp. to parent company, to focus on the core business of petroleum
    • Expands retail presence with 505 stations nationwide. Many stations are becoming one-stop shops offering non-fuel related products and services, such as convenience stores, fast food, car repair, and Clean and Cool restrooms.
    • Reaches all-time high volume sales of 1.5 billion liters, outpacing the industry growth in volume sales
  • 2017
    • Achieves a milestone 3 million safe man-hours from January 2015 - January 2017
    • Acquires Petronas Energy Philippines, Inc