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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Over 300 domestic flights adjusted for 49th ASEAN Summit; free rebooking, refunds guaranteed

Transport & Logistics 0
More than 300 domestic flights will face schedule changes during the 49th ASEAN Summit in Manila next week, with authorities assuring travelers they can rebook for free, get full refunds, or receive travel funds for future trips.

ICTSI pours over $500 million into Argentine port, marking investment treaty milestone

Transport & Logistics 0
International Container Terminal Services Inc. (ICTSI) has committed more than $500 million to develop its Argentine subsidiary TecPlata, underscoring the Philippine port operator’s long-term dedication to boosting port infrastructure and reinforcing economic links between Argentina and the Philippines.

CIAC pitches four Clark projects to global aviation investors 

Transport & Logistics 0
Clark International Airport Corp. (CIAC) presented four major development projects to international aviation and infrastructure investors in Hong Kong, seeking to attract global capital and strengthen Clark’s position as a logistics and aviation hub for North Luzon.

OceanaGold tests wireless blasting technology at Didipio mine

Energy & Mining 0
OceanaGold (Philippines), Inc. has become the first mining operation in the Philippines to test a wireless blasting system underground, adopting technology designed to reduce workers’ exposure to hazardous areas while improving mining efficiency.

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