Phoenix improves market share

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    Phoeni x Petroleum Philippines Inc. is confident it can continue to improve business despite the pandemic especially after the Department of Energy recognized it as among the top fuel companies in the country in terms of market share amid the pandemic.

    As of the first half of 2020, the company climbed to the third spot with a market share of 6.86 percent, following Petron’s 24.88 percent and Pilipinas Shell’s 18.25 percent.

    Phoenix Petroleum’s market share for liquefied petroleum gas products also went up to 6.57 percent from 2019’s 5.61 percent.

    At present, Phoenix Petroleum has over 660 retail stations, 11 storage facilities, 72 FamilyMart stores and two main business offices. – J. Macapagal