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 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 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.
The internet has become an essential part of daily life for Filipinos, shaping how people connect, learn, earn, and engage with society. But greater digital reliance also brings growing risks: misinformation, scams, identity theft, and fraud that put all users, especially the most vulnerable, in danger. On Independence Day, the meaning of freedom is being redefined for the connected era — it is no longer just about access, but about having the confidence to go online without fear of harm or exploitation.
China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.
McDonald’s Philippines has activated its Kindness Kitchen program to provide no less than 10,000 hot meals to communities severely affected by the recent earthquake in Southern Mindanao. Working hand-in-hand with local government units, the company aims to deliver nourishing food to families in impacted areas as part of its immediate relief efforts.