Phoenix Petroleum gives P10/liter on fuels on 10th listing anniversary
Phoenix fuels where sold at P10 per liter at selected Phoenix fuel service stations nationwide. Customers was served on a first-come, first-served basis. Promo was applicable for cash and credit transactions. PO and bulk transactions were not included. The use of drums and/or liquid containers was also not allowed. Promo was not valid in conjunction with other promos.
Employees of Phoenix Petroleum, participating fuel service stations, its affiliates, distributors, suppliers, and advertising agencies including their relatives up to the second degree of consanguinity or affinity where 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 2008, 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 fuel service stations in 2005, Phoenix Petroleum has grown its fuel retail network to more than 515 fuel service stations nationwide, and expanded to serving commercial clients in power, manufacturing, aviation, transportation, marine, fishing, construction, and other industries. PWKD12072017