Tag: PXP Energy

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PXP secures 3 new petroleum exploration deals 

Energy & Mining Context.ph Context.ph -
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 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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BOC revenue pace strengthens P1T push

Economy 0
The Bureau of Customs (BOC) enters the final quarter of 2026 with a growing revenue cushion, keeping its first P1-trillion annual collection target within reach despite the need for sustained collections through year-end.

DA, OWWA team up to help returning OFWs build sustainable agribusiness ventures

Agriculture 0
The Department of Agriculture (DA) and the Overseas Workers Welfare Administration (OWWA) have signed a memorandum of agreement to combine their resources, expertise, training, and funding to support overseas Filipino workers (OFWs) as they shift from working abroad to running profitable, long-term businesses at home.

PH to make energy security key ASEAN agenda

Energy & Mining 0
The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

₱3.8-B fuel subsidy for agri sector beneficiaries kicks off this month

Agriculture 0
The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.

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