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 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 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.
Pax, the Roman goddess of peace, was often portrayed carrying an olive branch. Ironically, her modern namesake has arrived carrying semiconductor blueprints, investment pledges—and a healthy dose of controversy.
More than 200 Filipino exporters gathered under one roof this week, turning the Department of Trade and Industry's (DTI) Bagong Pilipinas National Exporters' Fair 2026 into a showcase of how local businesses are finding new opportunities despite an increasingly uncertain global trading environment.
Food producer Bounty Fresh Group is looking beyond the country's biggest urban centers for its next phase of restaurant growth, expanding into emerging cities and municipalities where competition is lighter and consumer demand continues to rise.
Aboitiz InfraCapital Bohol Airport Corp. has awarded Petron Corporation the contract to design, build, operate and maintain a new Jet A-1 fuel farm at the Bohol-Panglao International Airport to support the facility’s rising passenger numbers and flight movements.