Tag: PXP Energy

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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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AboitizPower sets P62B capex for 2026, focuses on renewables and battery storage

Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).

AEV keeps guarded optimism for challenging 2026 

Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.

Aboitiz Equity Ventures outlines 2026 investment plan, growth strategy

Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.

Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.

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