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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Union Bank launches Apple Pay for cardholders

Banking & Insurance 0
Union Bank of the Philippines announced Tuesday it will roll out Apple Pay for all its cardholders across the country.

Philippines stays on IMO White List, confirms status as top global seafarer supplier

Transport & Logistics 0
The Philippines has kept its standing as one of the world’s leading sources of skilled seafarers, after the International Maritime Organization confirmed the country fully meets global rules for maritime education, training and certification.

DigiPlus to seek New Zealand gaming license

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DigiPlus Interactive Corp. announced on Tuesday that it will apply for a gaming license in New Zealand.

DA rules out rice import ban to secure buffer stocks amid El Nino threat

Agriculture 0
The Department of Agriculture (DA) will not ban rice imports for the rest of the year, choosing instead to build up emergency food reserves ahead of expected El Niño weather disruptions.

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