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PETRON’S PROCUREMENT OF RUSSIAN CRUDE OIL LAUDED

Summary by IKOT.PH
House Minority Leader Nonoy Libanan welcomed Petron Corp.’s procurement of 2.48 million barrels of low-priced crude oil from Russia, citing the urgent need to secure the country’s fuel supply amid the ongoing energy emergency. “We are under a state of national energy emergency, and any additional supplies of petroleum products, regardless of source, are most welcome,” Libanan said. “We want Petron to succeed in its crude oil refinery operations…
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IKOT.PH broke the news on Tuesday, April 7, 2026.
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