Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Phoenix, Petronas deal talks run out of gas
The Philippine Star
|August 23, 2025
The partnership between Phoenix Petroleum Philippines Inc. and Malaysia's state-run energy giant Petronas remains stalled, showing no signs of progress even after more than two years.
Phoenix, owned by Davao-based businessman Dennis Uy, signed a memorandum of understanding (MOU) with Petronas in March 2023 to jointly explore a potential venture in the Philippine downstream market.
Despite mutual intention, however, the collaboration has yet to advance beyond the signing.
"At the moment, there is no further development with regard to the MOU signed with Phoenix Petroleum in 2023," the Malaysian gas company said in a statement to The STAR.
Nevertheless, Petronas said it remains open to new opportunities as it continues to actively explore potential partnerships globally.
Denne historien er fra August 23, 2025-utgaven av The Philippine Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Philippine Star
The Philippine Star
Inflation likely settled at 1.4%-2.2% range in Oct – BSP
Inflation likely hovered between 1.4 and 2.2 percent in October, according to the Bangko Sentral ng Pilipinas (BSP), as higher food and electricity costs were partly offset by cheaper oil and meat prices.
2 mins
October 31, 2025
The Philippine Star
A simplified guide to registering real improvement and machinery
Are you constructing a structure on your property? Have you recently completed a building on your lot?
3 mins
October 31, 2025
The Philippine Star
Dito wins best network, Smart tops 5G coverage
Dito Telecommunity Corp. emerged victorious in Opensignal’s latest telco connectivity index, securing nine wins in 16 categories on the consistency and reliability of its network.
1 mins
October 31, 2025
The Philippine Star
Coffee production may be imperiled as forests are destroyed for more crops
Every day, we drink more than 2 billion cups of coffee worldwide, by some estimates, and demand keeps rising.
3 mins
October 31, 2025
The Philippine Star
‘Financing a key challenge for Asean Power Grid?’
Securing financing remains the critical barrier to realizing the $800-billion ASEAN Power Grid, which aims to enable cross-border power trading in the region.
1 mins
October 31, 2025
The Philippine Star
US shares tech to let SoKor build nuke-powered submarine
The United States will share closely held technology to allow South Korea to build a nuclear-powered submarine, US President Donald Trump said on social media Thursday after meeting with the country’s president.
1 min
October 31, 2025
The Philippine Star
Bulacan's astounding rise as a major real estate hub
Last week, I highlighted the growing viability of Tarlac as an ideal real estate market in Central Luzon. Within the region, other provinces are emerging as viable hubs, with major developers aggressively landbanking to launch massive townships that feature offices, residential towers, malls, hotels, horizontal residential projects, and even expansive industrial parks.
3 mins
October 31, 2025
The Philippine Star
EU education fair set on Nov. 21-22
For the first time, Latvia, Romania and Slovakia have joined the roster of European Union member states, offering Filipino students a wider range of opportunities and academic programs to explore across the EU.
1 min
October 31, 2025
The Philippine Star
horoscope
(October 31 Friday)
2 mins
October 31, 2025
The Philippine Star
Trump cuts tariffs on China after meeting Xi
US President Donald Trump described his face-to-face meeting with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.
1 min
October 31, 2025
Listen
Translate
Change font size