verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . march 2011 learn how and when to remove this template message for other uses see phoenix . phoenix petroleum type public industry oil and gas founded 2002 ; 14 years ago headquarters phoenix bulk depot lanang davao city philippines key people dennis a. uy founder president and ceo products oil natural gas services oil refining website www.phoenixfuels.ph phoenix petroleum philippines inc. pse pnx is the first independent oil company to be listed in the philippine stock exchange after the oil deregulation law was passed in 1998 . it is the first company from davao city to be listed in the philippine stock exchange . phoenix is engaged in the business of trading refined petroleum products and lubricants operation of oil depots and storage facilities and allied services . it is described as one of the country s most aggressive independent oil companies having reached a core net income of p427 million in 2010 compared to its p178 million earnings in 2009 . 1 contents 1 history 2 products and services 3 expansion 4 socioeconomic involvement 5 see also 6 references 7 external links history edit phoenix is a home grown company in davao city . it was originally incorporated in may 8 2002 as oilink mindanao distribution inc. and changed its name in january 2004 to davao oil terminal services corporation dotsco . the small family business began operations in its current form thereon distributing petroleum products to various commercial entities in mindanao . its first big account was cebu pacific . as the airline s exclusive logistics partner since 2004 the oil company provides cebu pacific s refueling requirements in all its mindanao destinations . in 2006 the company was renamed phoenix petroleum philippines inc. and introduced lubricants and car care products to its product line . it became a publicly listed company in july 11 2007 offering 25 % of its total outstanding shares to the public . phoenix petroleum became the first independent oil company to be listed in the philippine stock exchange after the oil deregulation law was passed in 1998 . phoenix petroleum also became the first company from davao city to go public . phoenix received a certification for iso 9001 2000 quality system standards for its davao bulk plant and aviation fuel tank truck operations in 2008 . in the same year the oil company opened its first manila station in marikina and has jumped to rank 242 in the philippines top 10 000 corporations in 2008 from being in rank 473 in 2007 . 2 in 2011 it ranked 53rd . 3 phoenix is the first petroleum company to introduce a toll free number for franchising in 2009 . the social security system acquired up to 9.68 percent stake in phoenix petroleum in 2009 from its initial 2.78 percent . we believe that with its track record and its positive business prospects our addition of phoenix petroleum to the sss list of investments was a good decision says sss president romulo neri . 4 world boxing champion manny pacquiao owns the 100th phoenix station in general santos city . 5 in 2012 phoenix is the seventh top importer in the country having remitted p4 .7 billion in import taxes to the government . 6 phoenix reportedly ended the first quarter of 2013 with 325 retail stations . 7 the revenue of phoenix in the first quarter of 2013 increased from p8 .3 billion last year to p10 .3 billion this year . 8 on february 1 2013 phoenix petroleum signed a marketing partnership with the national basketball association nba as the official petroleum partner of the nba in the philippines . phoenix petroleum will be integrated into nba media and events in the country including nba.com philippines and the jr. nba presented by alaska the league s youth basketball development program . as part of the partnership phoenix petroleum will also conduct nba themed promotions in 300 service stations nationwide giving fans in the provincial areas a chance to win exciting prizes and unique nba experiences . 9 10 it is also involved in the golf as the philippine sports commission commends phoenix for having the long term development program for golf in the country . in 2016 phoenix acquired the pba franchise of barako bull energy in the philippine basketball association pba aside from the participation in the pba developmental league . 11 products and services edit terminaling hauling and into plane services these involve leasing of storage space in its terminal depot hauling and into plane services in the cities of davao cagayan de oro cotabato zamboanga and ozamis . the phoenix depots store variety of chemical and petroleum products and are available as bulk storage facilities . the company also operates trucks that deliver products to customers 24 7 through petrologistix inc. its subsidiary . trading supply and distribution of fuels phoenix offers range of petroleum products for different needs of motorists . the company also delivers phoenix fuels to the client s area and for high volume accounts phoenix sets up pump stations within the client s area of operation . lubricants & specialties gasoline engine oils diesel engine oils motorcycle oils automotive engine oils transmission oils automotive greases industrial lubricants are among the lubricants sold by phoenix petroleum philippines inc. 12 expansion edit phoenix petroleum philippines inc. acquired the 108 hectare batangas union industrial park in 2007 . the calaca terminal at the industrial park is the largest depot yet of phoenix and the company s first in luzon with its capacity of 50 million liters . the park is now known as phoenix petroterminals & industrial park . 13 the board of investments had also granted tax and fiscal incentives to phoenix for its petroleum product facility in zamboanga city a p123 million project with a 4.9 million liter storage facility for phoenix petroleum products . 14 phoenix has other depots in davao city aklan surigao zamboanga batangas and cagayan de oro . they also plan to build more in cebu and bacolod . 15 socioeconomic involvement edit through the phoenix philippines foundation inc. the company supports and initiates projects in education health environment and outreach . some of its regular activities include the adopt a school program book donation coastal clean up blood letting tree planting and annual christmas party to children . 16 see also edit phoenix fuel masters references edit phoenix petroleum core net income soars to p427m in 2010 . philstar.com . 2011 01 28 . retrieved 2011 03 10 . phoenix petroleum history . phoenixfuels.ph . retrieved 2013 07 07 . the company . phoenixfuels.ph . retrieved 2013 07 07 . sss hikes stake in phoenix petroleum . abs cbnnews.com . 2010 05 19 . retrieved 2011 04 05 . pacquiao is now a gasoline station owner . pinoybusiness.org . 2009 03 09 . retrieved 2011 04 05 . phoenix petroleum among top 7 importers . business.inquirer.net . 2013 02 08 . retrieved 2013 07 08 . phoenix expansion to continue this year . sunstar.com.ph . 2013 05 19 . retrieved 2013 07 07 . phoenix expansion to continue this year . sunstar.com.ph . 2013 05 19 . retrieved 2013 07 07 . phoenix petroleum enters marketing partnership with the nba . phoenixfuels.ph . 2013 02 01 . retrieved 2013 02 05 . the national basketball association nba teams up with phoenix petroleum . marketing interactive.com . retrieved 2013 07 07 . phoenix joins pba after sale of barako franchise gets approval . dugout.ph . 20 january 2016 . retrieved 20 january 2016 . lubricants and specialties . phoenixfuels.ph . retrieved 2013 07 08 . phoenix petroleum opens calaca terminal . www.calaca.gov.ph . 2009 08 29 . retrieved 2011 04 05 . phoenix petroleum builds zamboanga storage facility . manila bulletin publishing corporation . 2010 10 20 . retrieved 2011 04 07 . phoenix to build 100 outlets in 12 . philippine daily inquirer . 2011 12 18 . retrieved 2013 07 08 . corporate social responsibility . phoenixfuels.ph . retrieved 2013 07 08 . external links edit phoenix petroleum philippines inc. official website history of phoenix petroleum philippines inc. company profile of phoenix in the philippine stock exchange v t e petroleum companies in the philippines major players caltex petron shell independent players eastern flying v jetti phoenix ptt seaoil total unioil v t e phoenix fuel masters founded in 2016 owned by phoenix petroleum philippines inc. franchise franchise draft history head coaches koy banal ariel vanguardia seasons 1 2015 16 retrieved from https en.wikipedia.org w index.php title phoenix petroleum & oldid 741263772 categories oil and gas companies of the philippinescompanies based in davao cityenergy companies established in 2002non renewable resource companies established in 2002companies listed on the philippine stock exchangehidden categories articles needing additional references from march 2011all 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