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 Investments, bank units make Fortune Southeast Asia 500 for third straight year

Corporate Bulletins 0
SM Investments Corporation, parent of the SM Group, along with its banking units BDO Unibank and China Bank, have been named to the Fortune Southeast Asia 500 list for the third year running.

Lufthansa Technik Philippines to open New Clark MRO facility by 2028

Transport & Logistics 0
Lufthansa Technik Philippines (LTP), a fully owned unit of MacroAsia Corp., plans to finish and launch its new base maintenance facility at Clark International Airport by 2028.

Globe calls for vigilance amid rising telecom infrastructure theft in South Luzon

Communications & Technology 0
Globe recorded 216 theft incidents involving cables, batteries, generators, fuel, and other equipment across Laguna, Cavite, Oriental Mindoro, and Albay in just one year ended April this year. Laguna, the telecommunications company said,  had the most cases at 67, followed by Cavite with 46; Albay saw a more than fourfold jump in incidents in 2026.

Maersk service boosts Iloilo’s gateway ambitions further 

Transport & Logistics 0
The arrival of Maersk's PH6 service at the Visayas Container Terminal (VCT) in Iloilo marks more than the addition of another shipping route. It signals the growing importance of Western Visayas in the country's evolving logistics landscape and strengthens Iloilo's role as a regional trade gateway.

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