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 gears up for record-breaking auto show

The Philippine automotive industry is set to rev into high gear at the 10th Philippine International Motor Show (PIMS), happening June 4–7 at the World Trade Center Manila. Organizers are touting this year’s edition as the biggest yet, driven by surging consumer interest in fuel-efficient and electrified vehicles.

BFP boosts emergency response with next-gen 911

The Bureau of Fire Protection (BFP) is overhauling its emergency response systems to integrate with the country’s next-generation 911 platform, signaling a major leap in public safety technology.

Proposed P1.66-B Bataan irrigation project set for public scoping

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled an environmental impact assessmebr for the proposed Pantingan Small Reservoir Irrigation Project in Pilar, Bataan this week.

Mixed fuel price adjustments seen this week

Fuel prices may again move in different directions this week, according to a local fuel retailer.

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