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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SMX visitor traffic jumps 18% as events recover

Property 0
SMX Convention Centers is expanding its footprint as the Philippine business events industry gathers momentum, with visitor traffic rising 18 percent in the first half of 2026 and new venues in Cebu and Metro Manila set to add capacity.

URC opens P2.75-billion Batangas Mega Plant

Corporate 0
Universal Robina Corp. (URC) has inaugurated a P2.75-billion manufacturing complex in Malvar, Batangas, expanding its production capacity as the Filipino food company seeks to meet rising demand at home and strengthen its position in export markets.

MAP calls for tougher power rules to cut costs

Energy & Mining 0
The Management Association of the Philippines (MAP) is pressing the government for deeper power sector reforms, arguing that lowering electricity costs will require more than trimming system loss charges and should include tougher enforcement, performance-based regulation, and stronger energy efficiency measures.

EDCOM 2 launches early childhood dashboard to guide localized child development action

Education, Health & Science 0
The Second Congressional Commission on Education (EDCOM 2) has launched the Early Childhood Dashboard, a digital platform co-developed with Ayala Corporation’s AC Analytics team to provide accessible data for improving early childhood outcomes across the Philippines.

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