San Miguel Corporation is a diversified conglomerate. The Company is engaged in the production, processing and marketing of beverage, food and packaging products, energy, mining, fuel and oil, infrastructure, telecommunications, airline and management and development of real estate properties. Its segments include beverage, food, packaging, energy, fuel and oil, infrastructure and telecommunications. Its Beverage segment includes brewing, distilling, selling, marketing and distributing beer, liquor and non-alcoholic beverages. Its Food segment offers a brand range of food products and services. Its Packaging segment includes packaging operations in the Philippines. The Energy segment is conducted through SMC Global Power Holdings Corp. The Fuel and Oil segment operates its fuel and oil business through Petron. The Infrastructure segment is conducted through San Miguel Holdings Corp. The Telecommunications segment includes its subsidiary, Vega.