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 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 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 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.
BusinessWorld took center stage at the 35th Economic Journalists Association of the Philippines (EJAP) Business Journalism Awards on Friday, emerging as the Business News Source for 2025 and collecting three of the eight Reporter of the Year honors in an evening celebrating journalism that looks beyond balance sheets and boardrooms.
I have had Tuesday volatility exhaustion for quite a while now. It’s a disease borne out of an alphanumeric that reads RA 8479, which, in plain language, is merely the Downstream Oil Industry Deregulation Act of 1998. “Merely,” of course, is doing a heroic amount of work.
Amid busy daily schedules, Globe is making self-care easier to access with its new Wellness Pillar, turning mobile subscriptions into more than just connectivity.
Isuzu Philippines Corp. (IPC) has supplied five commercial vehicles to EEI Carga Digital Logistics Corp. (eCarga), adding delivery capacity as the logistics provider expands its operations to meet growing customer requirements.