Tag: PXP Energy

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PXP secures 3 new petroleum exploration deals 

Energy & Mining Context.ph Context.ph -
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

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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Skyro taps credit network to improve borrower risk assessments

Communications & Technology 0
Fintech lender Skyro is strengthening its credit evaluation capabilities through access to a wider pool of borrower information, as it expands beyond purchase financing into broader consumer financial services.

One district’s signature shortfall could sink anti-dynasty initiative

Economy 0
A single legislative district failing to meet the minimum signature requirement could invalidate the entire Dapat Isa Lang people’s initiative for an anti-political dynasty law, putting pressure on organizers to secure support across all congressional districts, not just build a large national tally.

PHILEXPORT pushes tax amnesty expansion to small businesses

Trade & Investments 0
The Philippine Exporters Confederation Inc. (PHILEXPORT) is urging the government to extend tax relief to small businesses with annual sales of up to P20 million, saying unresolved tax liabilities are tying up funds that could otherwise support production, technology upgrades and jobs across export supply chains.

Metrobank aids Luzon businesses with EntrepRISE financial program

Corporate Bulletins 0
Metrobank has rolled out EntrepRISE, a financial wellness seminar series helping business clients across Luzon navigate economic shifts and plan for growth. Launched this year, sessions in North Luzon, Metro Manila, and South Luzon gathered nearly 100 clients from various sectors.

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