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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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

Energy & Mining 0
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Energy & Mining 0
Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Corporate 0
Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

Communications & Technology 0
ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.

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