2025年2月3日 · The case raises critical issues surrounding land ownership, privatization, and lease contracts. Citing past Supreme Court rulings that granted second motions for reconsideration in the “higher interest of justice,” the OGCC is urging the Court to revisit the case and provide a more thorough review.

2025年2月18日 · Energy Secretary Raphael Lotilla has emphasized the high stakes surrounding the Philippine National Oil Co.’s (PNOC) legal battle against Petron Corp., warning that the disputed 347-hectare property is a critical government asset with major implications for the country’s energy security.

2025年1月24日 · The Philippine National Oil Company (PNOC) has filed a motion for reconsideration with the Supreme Court, seeking to reverse a decision that upheld Petron Corporation’s claim to land assets excluded from its 1994 privatization.

2025年1月10日 · The Supreme Court has issued a final ruling in favor of ultra bilyonaryo Ramon Ang-led Petron Corp., denying a motion for reconsideration filed by state-run Philippine National Oil Company (PNOC) in a land dispute dating back to 2017.

2025年1月22日 · State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding national interests from the transactional tide ...

Tycoon Ramon S. Ang-led Petron Corp. secured a major legal victory as the Supreme Court denied with finality the state-run Philippine National Oil Company’s (PNOC) motions over disputed landholdings, cementing Petron’s claim to strategically vital properties.

2025年2月18日 · The government plans to use 347 hectares being used by oil refiner Petron Corp. for future energy projects if it wins a Supreme Court ruling, Energy Secretary Raphael Lotilla said.

2024年7月5日 · The government stands to lose P100 billion worth of real estate assets—summing up to 357 hectares (ha) comprising refinery lots in Bataan, 23 bulk plant sites and 66 service station lots across the country—that the courts had ordered state-owned Philippine National Oil Co. (PNOC) to give back to Petron Corp. following a leasing dispute during th...

2025年2月4日 · Thirty years later, the court’s ruling effectively reverses this arrangement, transferring land valued at over ₱100 billion to Petron’s private shareholders for just ₱143 million. This decision grants private shareholders an asset worth significantly more than Petron’s current market valuation of ₱23 billion, leading to substantial ...

2024年2月8日 · The complaint was initiated by the National Grid Corporation of the Philippines (NGCP) against PNOC Alternative Fuels Corporation (PAFC) and other defendants, seeking to exercise its right of eminent domain over a parcel of land part of the Petrochemical Industrial Park for a transmission line project.