PILIPINAS Shell Petroleum Corp. posted a net income of P3.5 billion in the first quarter of 2022, a significant increase from last year's P1 billion, placing it well on track with its five-year plan.

"Pilipinas Shell remains steadfast and committed to our strategy of powering progress for the country, as opportunities are opening with a recovering economy," said Lorelie Quiambao-Osial, the energy company's president and chief executive officer.

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