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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SM City Nuvali nears full occupancy launch

Property 0
SM City Nuvali is approaching full leasing commitment months ahead of its planned fourth-quarter 2026 opening, underscoring robust demand for large-scale regional retail developments, according to SM Supermalls leadership.

Digital lender launches loan relief program for borrowers

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CIMB Bank Philippines has introduced a financial assistance program to support qualified loan customers facing economic challenges.

Globe Business, Aeris launch IoT platform in PH

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Globe Business has partnered with Aeris to introduce a new Internet of Things (IoT) platform aimed at improving connected mobility and enterprise operations in the Philippines.

Semirara profit dips as volumes weaken

Energy & Mining 0
Semirara Mining and Power Corp., the country’s main coal producer, reported a 12 percent decline in first-quarter net income to P3.8 billion from P4.4 billion a year earlier, as softer coal shipments and weaker power generation offset relatively steady pricing, highlighting operational headwinds even as global coal benchmarks remained firm.

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