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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PH seafood exports hit P31.68B at Spain expo

Agriculture 0
Philippine seafood exporters secured about P31.68 billion in booked and negotiated sales during the 32nd Seafood Expo Global in Barcelona, Spain, according to the Department of Agriculture (DA).

Luzon, Visayas grids hit by power alerts

Energy & Mining 0
The power grids in Luzon and Visayas were placed under yellow and red alerts on Wednesday after several power plants went offline and electricity demand surged.

Honda Philippines hits 12 million sales milestone

Corporate Bulletins 0
Honda Philippines, Inc. has reached 12 million cumulative motorcycle sales as of April 30, 2026, marking a major milestone for the country’s leading motorcycle manufacturer.

RLC pushes ahead with projects despite rising construction costs

Property 0
Robinsons Land Corporation (RLC) said it will continue all planned developments despite higher construction costs caused by geopolitical tensions in the Middle East, signaling confidence in its long-term growth strategy and financial position.

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