Tag: PXP Energy

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PXP boosts stake in Forum Energy assets

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

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

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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Philippine Contact Centers accelerate AI-driven industry shift

Artificial intelligence adoption is accelerating across the Philippine customer experience industry, fueling a sweeping transformation as the Contact Center Association of the Philippines officially rebranded into the Customer Xperience Association of the Philippines (CXAP).

Aboitiz, DOE, NPC join forces for nuclear site studies

The Department of Energy (DOE) confirmed having signed a memorandum of understanding (MOU) with Aboitiz Power Corp. and the National Power Corp. (NPC) to conduct comprehensive studies on potential nuclear power plant sites across the Philippines, including the Bataan Nuclear Power Plant (BNPP).

Public scooping set for Surigao coal mining project

The Department of Environment and Natural Resources – Environmental Management Bureau (DENR-EMB) will hold a public scoping on June 2, 2026, for a proposed coal mining project in Lingig, Surigao del Sur.

Ayala, CP Axtra expand Makro’s reach

The Ayala Group has signed a cooperation deal with Thailand’s CP Axtra to improve Makro malls in Thailand, combining Ayala’s property expertise with CP Axtra’s retail network.

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