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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Philippines pushes ASEAN unity, targets concrete gains

The Philippines is calling for deeper integration within the Association of Southeast Asian Nations (ASEAN), warning that stronger regional coordination is now essential as global uncertainties intensify.

Prime Infra hosts Japanese officials at Batangas LNG facility

Prime Infrastructure Capital Inc. (Prime Infra) hosted a Japanese delegation during a visit to its liquefied natural gas (LNG) complex in Batangas last Friday, the company said Wednesday.

Regulators roll out measures to cushion power price hikes

The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) said steps are in place to help protect consumers from rising electricity costs.

SMFB profit nearly flat in first quarter

San Miguel Food and Beverage Inc. (SMFB) reported a modest 2 percent increase in net income for the first quarter, reaching P11.8 billion from P11.58 billion a year earlier.

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