Tag: PXP Energy

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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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President Marcos picks Robert de Leon as budget chief

President Ferdinand Marcos Jr. has appointed Kim Robert De Leon as the new Secretary of the Department of Budget and Management, Malacañang announced Monday.

Beckham stars in Lenovo campaign promoting AI tech

Lenovo has launched “Maximum David,” a new global campaign featuring David Beckham that highlights how artificial intelligence (AI) technology can improve creativity, productivity, and performance in sports, business, and everyday life.

PLDT ready to face new satellite internet rivals in PH

PLDT Inc. said it is prepared to compete against new satellite connectivity providers expected to enter the Philippine market this year, stressing that the company remains confident in the strength and reach of its existing network services.

Jollibee named among TIME’s  most influential companies

Jollibee Group has been included in the inaugural TIME100 Companies: Industry Leaders list and ranked among the Top 10 Food & Drink companies worldwide, highlighting the Filipino fast-food giant’s growing global influence.

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