P10/liter on Phoenix Petroleum fuels on 10th IPO anniversary

On its 10th listing anniversary, Phoenix Petroleum is giving motorists a big fuel discount.

From 10 am to 12 noon on July 11, 2017, Phoenix fuels will be sold at P10 per liter at selected Phoenix stations nationwide.

Customers will be served on a first-come, first-served basis. Promo is applicable for cash and credit transactions. PO and bulk transactions are not included. The use of drums and/or liquid containers is also not allowed. Promo is not valid in conjunction with other promos.

Employees of Phoenix Petroleum, participating stations, its affiliates, distributors, suppliers, and advertising agencies including their relatives up to the second degree of consanguinity or affinity are disqualified from joining the promo.

Phoenix Petroleum launched its initial public offering on the Philippine Stock Exchange on July 11, 2007. The listing marked many firsts: the first company from Davao City to list on the PSE, the first oil company to list after the passage of the Oil Deregulation Law in 1998, and the first independent oil company to go public.

The IPO fueled the company’s expansion from Davao to the rest of the Philippines. From its initial 5 stations in 2005, Phoenix Petroleum has grown its retail network to more than 515 stations nationwide, and expanded to serving commercial clients in power, manufacturing, aviation, transportation, marine, fishing, construction, and other industries.

List of participating stations:

Spread the love

Leave a Comment