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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DA, BOC seize P7M smuggled carrots hidden in noodle shipments

Agriculture 0
The Department of Agriculture (DA) and the Bureau of Customs (BOC) have intercepted more than P7 million worth of smuggled fresh carrots concealed inside shipments falsely declared as processed food products, dealing another blow to agricultural smuggling operations that authorities say threaten both consumers and local farmers.

NDA: Key guidelines for new mandate ready before October

Agriculture 0
The National Dairy Authority (NDA) expects to finalize the implementing rules for its expanded role under Republic Act 12308, or the Animal Industry Development and Competitiveness Act, before October this year. The law allocates P20 billion annually over 10 years to strengthen the country’s livestock sector.

BPI marks 175th year with #BestLifeRun 2026, drawing over 10,000 participants

Corporate Bulletins 0
The Bank of the Philippine Islands (BPI) on Sunday held its #BestLifeRun 2026 Corporate Race along Ayala Avenue, Makati City, gathering more than 10,000 runners from over 200 companies and 50 running clubs.

DA rolls out pineapple shipment to UAE, reopening Middle East market access

Agriculture 0
The Department of Agriculture (DA) has begun fulfilling fresh pineapple orders from the United Arab Emirates (UAE), marking a major push into the Middle East market and reopening key trade routes despite ongoing logistical challenges.

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