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Phoenix remains PH s 3rd biggest oil industry player – Manila Bulletin

Published July 19, 2021, 10:33 AM Uy-led Phoenix Petroleum Philippines Inc. has retained its ranking as the third biggest player in the deregulated downstream oil sector, as culled from the market data of the Department of Energy. Phoenix Petroleum first inched up to the third spot last year, and it dislodged long-time major player Chevron Philippines in that position. With that development, the industry’s traditional “Big 3” had also disintegrated. File photo Citing DOE data, Phoenix Petroleum emphasized in a media statement that its market share hovered at 7.81-percent as of May 25 this year; rising from 7.1-percent share in the pie as logged in 2020.

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