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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DTI, DOF back PEZA expansion beyond IT hubs

Trade & Investments 0
The Department of Trade and Industry (DTI) and the Department of Finance (DOF) have approved the lifting of the moratorium under Administrative Order (AO) 18, clearing the way for more office developments to qualify as Philippine Economic Zone Authority (PEZA) economic zones and expanding location options for information technology-business process management (IT-BPM) investors.

Alas girls rally past Indonesia for Princess Cup bronze

Sports & Entertainment 0
Bronze medals rarely dominate the headlines, but Alas Pilipinas' Under-18 girls made sure this one came with a story worth telling.

Philippines eyes Japan, Canada trade deals soon

Trade & Investments 0
The Philippines is accelerating talks on two major trade fronts, aiming to conclude an updated economic partnership agreement with Japan by November while edging closer to a free trade deal with Canada as the Marcos administration pushes to expand export markets and attract more investments.

Calmer oil, cheaper fuel buoy local equities

Markets 0
Philippine shares could finally catch their breath this week.

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