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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TRB approves toll collection for final CAVITEX C5 link segment starting May 5

Transport & Logistics 0
The Toll Regulatory Board (TRB) has approved toll collection for the final section of the CAVITEX C5 Link, known as Segment 3B, beginning May 5, 2026.

ASEAN urged to treat climate change as economic threat, not just environmental issue

Environment 0
Finance and environment officials in Southeast Asia are calling for a major shift in how governments respond to climate change, warning that its impacts are no longer just environmental—but economic.

Air China route boosts China tourism rebound

Travel & Tourism 0
The Philippines is stepping up its push to revive Chinese arrivals, welcoming Air China’s inaugural Chongqing–Manila (CKG–MNL) flight on May 2 as a key milestone in rebuilding one of its most vital tourism markets.

DENR inspects evacuation site, steps up response to Navotas landfill fire

Environment 0
Environment Secretary Juan Miguel Cuna visited an evacuation site on May 1 at Obando National High School, where around 120 families are staying after being displaced by heavy smoke from a landfill fire in Navotas.

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