Tag: PXP Energy

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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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PH sustainable fashion makes global splash in HK

The Philippines made a bold statement in the global sustainable fashion scene, raking in over USD322,000 in export sales at the Hong Kong Fashion and Home Expo 2026. Led by the Department of Trade and Industry (DTI) and CITEM, the delegation showcased the country’s unique blend of heritage, innovation, and eco-conscious design.

Kits Pinga takes helm at Pico de Loro

SM Hotels and Conventions Corporation (SMHCC) has appointed Kits Pinga as the new club general manager of Pico de Loro Beach & Country Club, signaling a renewed commitment to operational excellence and enriched member experiences across its leisure portfolio.

FPA sanctions fertilizer firms for rule breaches

The Fertilizer and Pesticide Authority (FPA) has suspended five fertilizer companies for violating fertilizer laws and policies, including selling counterfeit or substandard products, mislabeling goods, blocking official inspections, and moving items under regulatory hold. Some of these firms previously took part in government procurement and subsidy programs.

China’s pig import restrictions have no impact on trade – DA

The Department of Agriculture (DA) and Bureau of Animal Industry (BAI) said that China’s restrictions on imports of Philippine pigs, wild boar, and related products do not affect the country’s current trade performance, as the Philippines does not export these items to China at present.

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