Tag: PXP Energy

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PXP secures 3 new petroleum exploration deals 

Energy & Mining Context.ph Context.ph -
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

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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FFCCCII seeks stronger ASEAN business ties to boost trade

Trade & Investments 0
The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is calling for stronger cross-border business partnerships across Southeast Asia, citing opportunities to expand trade, attract investment and accelerate technology cooperation amid growing geopolitical and economic uncertainty.

Caltex promotes engine protection for Philippine scooter riders

Mobility 0
Caltex is highlighting engine protection, oil stability and heat management as key considerations for scooter owners in the Philippines, where heavy traffic, high temperatures and frequent daily use can place added demands on motorcycle engines.

BCDA plans power, digital upgrades to attract New Clark investors

Communications & Technology 0
The Bases Conversion and Development Authority (BCDA) is exploring new energy and telecommunications infrastructure to strengthen New Clark City’s appeal to investors, with proposed projects targeting reliable electricity and improved digital connectivity.

Philippine housing licenses set to reach 5-year high

Property 0
The Philippine housing sector could record its highest number of residential units issued licenses to sell (LTS) in five years in 2026, as stronger developer activity and expanded government housing initiatives support prospective supply , growth, according to the Department of Human Settlements and Urban Development (DHSUD).

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