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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 SBMA launched expanded relief package for stakeholders

Social Responsibility & Sustainability 0
 The Subic Bay Metropolitan Authority (SBMA) is rolling out a new set of relief measures aimed at easing economic pressures on stakeholders in the Subic Bay Freeport Zone (SBFZ). The announcement follows a public consultation held on May 11, 2026, at the Subic Bay Exhibition and Convention Center (SBECC).

BDO Rewards turns savings into shopping discounts

Banking & Insurance 0
BDO Unibank is encouraging customers to grow their savings while enjoying shopping perks through its BDO Rewards program, with actress and Gen Z star Belle Mariano leading the campaign.

Meralco expands solar initiatives across facilities nationwide

Energy & Mining 0
Manila Electric Co. (Meralco) has reaffirmed its commitment to sustainability, highlighting ongoing solar rooftop installations across its facilities as part of a broader energy efficiency and environmental strategy.

SM Prime to launch massive Cebu Arena in June

Property 0
Cebu is set to become a major hub for world-class entertainment as SM Prime Holdings, Inc. (SM Prime) prepares to open the SM Seaside Cebu Arena next month. The venue, the company’s second arena in the Philippines, is designed to host concerts, sports events, and large-scale gatherings.

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