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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Gun fire shots heard at Senate

Live broadcasts within the Senate building showed commotion within the second floor, with gun shots heard and uniformed personnel armed with long fire arms and clad in bulletproof vests trying to secure the area. It remains unclear what happened, with security personnel refusing to reply to media queries.

PH signs fisheries cooperation deals with PNG, Marshall Islands

The Department of Agriculture (Philippines) and Bureau of Fisheries and Aquatic Resources have signed new agreements with Papua New Guinea and the Marshall Islands to strengthen cooperation in the fisheries sector.

PH lifts ban on poultry imports from California

The Department of Agriculture (DA) has lifted the ban on poultry and poultry products from California in the United States.

Canada joins Luzon Economic Corridor partnership  

The Philippines showcased significant progress in legal and regulatory reforms during the Luzon Economic Corridor (LEC) Steering Committee meeting on May 12, highlighting efforts to create a transparent, competitive, and investment-friendly business environment.

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