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 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 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.
Thousands of Lalamove partner drivers in Metro Manila have started receiving ₱5,000 each in government financial aid as part of a massive, three-day distribution drive led by the Department of Social Welfare and Development (DSWD).
Construction has officially commenced along the East Service Road near Arca South in Taguig City, signaling the start of preparatory infrastructure works designed to support major transport projects shaping southern Metro Manila.
The Philippine economy is entering 2026 on uneven footing, with growth expected to slow slightly and risks looming large, economist Jonathan Ravelas said on Wednesday.
SM Offices, the commercial leasing arm of SM Prime Holdings, has achieved full occupancy across its 10-tower, 100,000 square meter Clark Tech Hub in Angeles City, Pampanga.