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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Philippine sports thrive when benefactors build champions

Opinion 0
Every championship has its stars. Some also have a benefactor—the godfather who reaches for a checkbook instead of a spotlight.

Jollibee Danao plant earns landmark green building certification 

Social Responsibility & Sustainability 0
The Jollibee Group has set a new benchmark for sustainable manufacturing after its Danao Commissary in Cebu became the first manufacturing facility in the Philippines to receive LEED certification for Interior Design and Construction (ID+C), signaling that industrial plants can pursue ambitious environmental goals without sacrificing operational efficiency.

Filipino-Chinese group seeks takedown of China Daily AI video 

Communications & Technology 0
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) has urged China Daily to remove an AI-generated video that it said portrayed the Philippines in a derogatory manner, warning that such content risks damaging goodwill and business ties between the two countries.

ARTA, DBM target faster government payments for contractors

Economy 0
The Anti-Red Tape Authority (ARTA) and the Department of Budget and Management (DBM) are moving to streamline government payment processes, aiming to ease long-standing cash flow problems that have delayed infrastructure projects and strained contractors doing business with the state.

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