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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Auto sales slide, but EV demand fuels recovery

Transport & Logistics 0
The Philippine automotive industry endured a slower first half of 2026, but a sharp June rebound and accelerating demand for electrified vehicles are providing momentum for a stronger second half.

Fortinet upgrades FortiEndpoint platform to secure AI adoption and streamline endpoint security

Communications & Technology 0
Global cybersecurity leader Fortinet, listed on the NASDAQ as FTNT, has rolled out new features for its unified endpoint platform FortiEndpoint, designed to help organizations adopt artificial intelligence safely, protect sensitive information, and lower overall security risk.

LG unveils dual flagship TV lineup, ending long-time home theater tech compromise

Communications & Technology 0
For years, anyone setting up a premium home entertainment system had to choose between the deep contrast of OLED displays and the large size and vivid output of high-end LCD screens.

Young Filipinos accelerate digital savings shift

Banking & Insurance 0
More young Filipinos are turning to digital banking not only for payments and fund transfers but also as their preferred tool for building savings, signaling a broader transformation in financial habits driven by mobile technology and greater financial inclusion.

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