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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Major developers explore future Bilibid township project 

Property 0
Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

Caltex widens network, reaches 600 Philippines stations

Energy & Mining 0
Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.

Manulife Philippines taps Manish Sangal to drive AI

Banking & Insurance 0
Manulife Philippines has appointed Manish Sangal as deputy chief executive officer as the insurer strengthens its leadership team and accelerates its digital transformation strategy in the Philippine market.

BPI expands sustainability push beyond green finance 

Social Responsibility & Sustainability 0
Bank of the Philippine Islands is widening its sustainability agenda beyond environmental initiatives, ramping up support for underserved sectors, small businesses, and financial inclusion programs nationwide.

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