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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SMC 1Q revenue jumps 19% on strong business growth

Corporate 0
San Miguel Corporation reported a strong first quarter for 2026, with revenues rising 19 percent to P428.3 billion, driven by solid performance across its food, power, fuel, infrastructure, and cement businesses.

PEZA, BCDA boost New Clark investment drive

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) are tightening coordination to position New Clark City as a more seamless and investor-friendly destination under the expanding Luzon Economic Corridor (LEC).

PLDT Enterprise, Araneta City strengthen digital infrastructure partnership

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PLDT Enterprise and Araneta City Inc. (ACI) have expanded their long-running partnership to upgrade the digital infrastructure of Araneta City, supporting the district’s growing technology and connectivity needs.

Toyota Philippines drives growth through electrified vehicles

Transport & Logistics 0
Toyota Motor Philippines (TMP) remained resilient in the first quarter of 2026 despite softer vehicle demand and broader economic headwinds, with strong growth in electrified vehicles helping sustain its leadership in the local automotive market.

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