Tag: PXP Energy

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PXP secures 3 new petroleum exploration deals 

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

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

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

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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Davao farmers rise from low-value crops to global cacao acclaim 

Farmers in Barangay Saloy, Calinan, once struggled with unstable earnings from corn and banana, with idle cogon-covered land offering little hope for better lives. Today, their shift to high-quality cacao agroforestry backed by government and private support has lifted their livelihoods, restored forests, and earned international recognition for their produce.

One Meralco Foundation supports 300 San Juan pupils

More than 300 elementary students in San Juan City received school supplies and access to new reading spaces as the One Meralco Foundation (OMF) expanded its Balik Eskwela program to Salapan Integrated School.

Just as we brace for rains, we can also plan for life’s biggest uncertainties

When storms approach, Filipino families instinctively act: umbrellas within reach, supplies checked, gadgets charged, and disruptions anticipated. It is a proven habit—when the future is unclear, being ready changes everything.

Security Bank boosts coastal environment work in La Union 

As part of its 75th anniversary and Project MITHI’s second year, Security Bank and partners planted nearly 500 mangrove seedlings in Barangay Bungro, moving toward a 7,500-seedling target this year. The event included environmental education for children and financial literacy training for adults to strengthen community resilience.

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