Phoenix Petroleum to Construct Zamboanga Storage Facility
10.20.2010 - NEWS
October 20, 2010 [Manila Bulletin] - Filipino-owned Phoenix Petroleum Philippines Inc. is putting up a petroleum products storage facility in Talisayan, Zamboanga City.

With an investments of P123 million, Phoenix will put a 4.9 million liter-storage facility for petroleum products including bio-diesel, gasoline and jet fuel to serve the demands in the south.

The project was granted tax and fiscal incentives by the Board of Investments.

Phoenix, which also operates gas stations, said it will source its products from foreign oil companies and independent suppliers like Singapore Petroleum Corporation, Oronite Singapore, Petronas Malaysia and Formosa Petroleum Taiwan.

It will also engage in marketing and selling of petroleum products or fuels on wholesale basis through tankers and trucks to its own retail stations and other companies and industrial users in Mindanao specifically in Zamboanga.

The firm’s other major clients include YL Fishing, Escudero Trucking, Galactic Shipping Corporation and Metro Dizel Corporation.

The proposed project will generate a labor force of 12 personnel when commercial operation begin next month.

Hengli Petrochemical Establishes a Trading Subsidiary in Dubai as Part of Expansion
02.09.2026 - NEWS
February 09, 2026 [Offshore Engineer]- Hengli Group, the parent company of China’s Hengli P... Read More
Romania Lines Up €1 Billion Battery Storage Build After Government Deal
02.09.2026 - NEWS
February 09, 2026 [Oil Price]- Privately held MASS Group Holding plans to invest more than €1 b... Read More
RWE Explores Buying LNG from ADNOC as Germany Moves to Diversify Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- RWE signed a provisional agreement on Friday with Abu Dhabi National... Read More
Greek Joint Venture Seeks 20-Year US LNG Deal to Strengthen Southern Europe’s Gas Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- Atlantic Sea LNG Trade, a joint venture between Greece’s gas s... Read More