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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Wawa expansion strengthens Manila Water’s drought readiness

Corporate 0
Manila Water Company is ramping up preparations for a potentially prolonged El Niño episode by leveraging the expanded capacity of the Wawa Bulk Water Supply Project to maintain uninterrupted service across its East Zone concession area.

Baguio boosts smart city push with AI partnership

Social Responsibility & Sustainability 0
Baguio City is stepping up its digital transformation efforts after partnering with PLDT and Smart to launch “AI-in-a-Box,” a program designed to help local governments use artificial intelligence to improve public services.

DENR launches unified environmental crime enforcement rules

Environment 0
The Department of Environment and Natural Resources has introduced a nationwide standard for handling environmental law enforcement cases, aiming to strengthen investigations, arrests, evidence handling, and prosecution of environmental crimes.

PSAC backs PhilHealth reforms

Education, Health & Science 0
The Private Sector Advisory Council (PSAC) Healthcare Sector welcomed the continued expansion of PhilHealth’s YAKAP and GAMOT programs, saying the reforms are helping reduce healthcare costs for Filipino families.

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