PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.
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.
The Department of Transportation (DOTr) held a groundbreaking ceremony Wednesday for the Ninoy Aquino International Airport (NAIA) Terminal 3 Station, a critical piece of the Metro Manila Subway Project (MMSP). This facility falls under Contract Package 109 (CP109), a civil works agreement covering one underground station and associated tunnels spanning 2.413 kilometers between Taguig City and Pasay City.
Three outstanding bartenders from across the Asia Pacific region have earned high praise after topping Marriott International’s 2026 Rising Stars Sustainable Bartender competition. Now in its third year, this annual event is run in partnership with Pernod Ricard, showcasing emerging talent from Marriott hotels and resorts across APEC. This edition drew over 220 submissions and more than 15,000 cocktail serves sold, highlighting strong interest in skillful and responsible beverage service throughout the region.
Lenovo & Motorola Qira, the cross-device personal AI, is expanding its reach at IFA 2026 following an initial rollout to over 20 Lenovo devices starting in March. It now supports eligible Lenovo PCs with 16GB memory, expanding beyond high-end configurations, and will come to select Motorola edge, signature and razr models with the Android 17 upgrade. It also debuts on moto watch ultra, its first wearable, and connects with Gmail, Google Calendar, Slack, Outlook and more via a new Workato partnership.
The government’s push to revamp the public transport system has gained strong momentum after around 30 local and international companies expressed keen interest in joining the nation's major railway projects. The strong turnout at a recent market engagement conference held at the Asian Development Bank headquarters in Manila signals robust private sector interest in the country's transport modernization pipeline.