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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CIAC dividend surge earns Marcos recognition for fiscal discipline

Transport & Logistics 0
The Clark International Airport Corporation (CIAC) has earned recognition from President Ferdinand R. Marcos Jr. after remitting P585.71 million in dividends to the National Treasury, highlighting the state-run firm's growing financial strength and its expanding contribution to government revenues.

US pushed Pax Silica as Foxconn looms large

Communications & Technology 0
The US is moving to fast-track the proposed Pax Silica initiative, a flagship technology project that the Philippine government believes could unlock hundreds of thousands of jobs and attract multi-billion-dollar investments from global technology giants, including Taiwan's Foxconn.

Before outsourcing your brain to AI, read this first

Education, Health & Science 0
Artificial intelligence is having quite the glow-up. It can write your emails, summarize your meetings, plan your vacation, and even explain quantum physics without breaking a sweat. 

Agricultural imports rise, narrow trade deficit

Agriculture 0
The Philippines' agricultural trade deficit narrowed in May as double-digit export growth was magnified by slower import growth. 

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