Tag: PXP Energy

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PXP boosts stake in Forum Energy assets

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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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Philippines pitches Polish investors on high-growth industries

Trade & Investments 0
The Philippines is pitching itself to Polish investors as an emerging production and technology hub in Southeast Asia, highlighting opportunities in semiconductors, digital services, food processing, renewable energy, shipbuilding, and other industries as companies seek to diversify supply chains.

PH urged to commercialize homegrown innovation for growth

Communications & Technology 0
The Philippines needs to move more homegrown innovations from laboratories and prototypes into commercial use to raise productivity and sustain economic growth as the country moves into upper-middle-income status, government officials said Thursday.

“Savings don’t retire when you do” 

Banking & Insurance 0
Retirement is no longer a signal to slow down. For many Filipinos aged 60 and above, life after leaving the workforce opens a new chapter—one filled with travel, time with family and grandchildren, community involvement, small business ventures, or continued work on their own terms. Savings, built over a lifetime of effort, remain the foundation of this freedom.

MTerra Solar Phase 1 starts commercial operations: 600 MW delivered to Meralco

Energy & Mining 0
Meralco PowerGen Corp. (MGen) has begun commercial operations for 600 megawatts (MW) of MTerra Solar Phase 1 under its power supply agreement (PSA) with Manila Electric Co. (Meralco), effective August 26, 2026.

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