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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DA launches unified framework to boost agricultural cooperatives, food security

Agriculture 0
The Department of Agriculture (DA), together with the Department of the Interior and Local Government (DILG) and Cooperative Development Authority (CDA), has launched a joint policy framework to strengthen support for agricultural cooperatives nationwide.

TAFT stakes P10B on Batangas manufacturing surge

Trade & Investments 0
Singapore-based Total Advanced Future Technology Pte Ltd (TAFT) is investing more on the Philippines, unveiling a P10-billion expansion in Batangas aimed at making the region a key hub for advanced, climate-resilient building technologies. 

GMA Network rises to No. 13 in  global digital ranking

Communications & Technology 0
GMA Network climbed 11 spots to rank 13th in the Tubular Worldwide Leadership Ranking for April 2026, up from 24th place previously. Its digital content earned a total of 11.18 billion views across major platforms: 5 billion on Instagram, 3.06 billion on Facebook, 2.40 billion on TikTok, and 719 million on YouTube.

PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

Banking & Insurance 0
The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

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