Tag: PXP Energy

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PXP secures 3 new petroleum exploration deals 

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

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

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

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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Adarna expands Filipino content through Canva 

Adarna House is taking its Filipino children’s content beyond books through a partnership with digital design platform Canva, creating a new channel for its stories and learning materials to reach students, teachers and families.

ACS Manufacturing shifts Laguna plants to renewable power

ACS Manufacturing Corp., maker of Pride Detergent, Shield Bath Soap, and Unique Toothpaste, is shifting its two key Laguna manufacturing facilities to 100 percent renewable electricity under a new supply agreement with ACEN Renewable Energy Solutions (ACEN RES).

Global Dominion targets women entrepreneurs with financing program

Global Dominion Financing is rolling out a financing program for women-led businesses, offering funding for working capital, equipment, vehicles, property, and expansion as it seeks to widen access to credit among women entrepreneurs.

DTI resets export target, puts EMB under Roque

The Department of Trade and Industry is recalibrating the Philippines’ export growth target and has placed its Export Marketing Bureau directly under Trade Secretary Cristina Roque as the government seeks to open more markets for local products.

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