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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Megawide posts strong Q1 earnings amid crisis

Corporate 0
Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.

Global Ferronickel profits surge amid nickel tightness

Energy & Mining 0
Global Ferronickel Holdings Inc. posted sharply higher first-quarter earnings as stronger nickel ore prices and increased shipment volumes boosted profitability despite rising operating costs.

Paraguay eyes free trade deal with Philippines

Trade & Investments 0
Paraguay is seeking closer economic ties with the Philippines, including a potential free trade agreement (FTA), as the South American nation positions itself as a gateway to a regional market of roughly 300 million people, Trade Secretary Cristina Roque said.

Thai firm’s coconut plant spurs jobs, exports

Trade & Investments 0
A new large-scale coconut processing facility by Thailand-based Thai World Group is set to bolster the Philippines’ role as a major global supplier of value-added coconut products, while generating employment and investment in Northern Mindanao.

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