Tag: PXP Energy

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PXP secures 3 new petroleum exploration deals 

PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.

PXP boosts stake in Forum Energy assets

PXP Energy Corp., the listed oil and gas exploration firm of the MVP Group, said Friday it has raised its stake in FEC Resources Inc. to 81.25 percent from 78.39 percent by converting USD1.16 million in loans into 131.6 million new shares.

PXP Energy widens 1H loss on weaker oil

PXP Energy Corpo. reported a core net loss of P21.1 million in the first half of 2025, more than double the P9.5 million loss from the same period last year, due to weaker crude prices, lower Galoc volumes, and rising production costs.

PXP Energy widens loss on weaker Galoc output, lower oil price

PXP Energy Corp., a publicly listed oil and gas exploration firm, reported a first-quarter net loss of P9.4 million, significantly wider than the P2.6 million loss posted during the same period last year.

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Isuzu climbs to third in Philippine customer experience survey 

For a vehicle buyer, the relationship with a carmaker does not end when the keys are handed over. If anything, the real test begins when the first maintenance bill arrives or something needs fixing.

Metrobank introduces AI chatbot Ask Earnest in boost to Filipino financial literacy

The Metropolitan Bank and Trust company (Metrobank) has launched Ask Earnest, an AI‑powered chatbot answering everyday money questions as the bank expands its long‑term financial literacy advocacy for Filipinos.

Cybersecurity council gives organizations 30 days to plug security gaps 

The Cybersecurity Council of the Philippines (CSCP) is giving government agencies, businesses, schools, and local governments a 30-day wake-up call to check their digital defenses, warning that cyberattacks are escalating faster than many organizations can respond.

Microsoft outage disrupts Outlook, Teams, and 365 services

Microsoft’s Outlook, Teams, and other 365 services suffered a widespread outage that stretched from Thursday into Friday, disrupting access to email, collaboration tools, and cloud-based applications across several regions.

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