Thursday, May 21, 2026
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Tag: Manuel Pangilinan

PXP Energy, PNOC discuss oil and gas exploration projects

Officials of listed PXP Energy Corp. and state-run Philippine National Oil Co., the government’s oil and gas arm, met recently to discuss opportunities on...

PXP offers to take over Malampaya

Listed oil and gas company PXP Energy Corp. controlled by the camp of businessman Manuel Pangilinan submitted an unsolicited proposal to the Energy Department...

PDRF ramps up private sector aid for Mindanao

Clark Freeport, Pampanga—The Philippine Disaster Resilience Foundation continued to provide relief goods and other assistance to earthquake-hit Mindanao, as it activated its Emergency Operation...

Philex eyeing partners for $1.1-billion Silangan mine

Gold and copper producer Philex Mining Corp. is looking for joint venture partners to develop the $1.1-billion Silangan project in Surigao del Norte province. Philex...

Roxas agrees to sell sugar mill to Tanduay

Roxas Holdings Inc. agreed to accept the improved offer of Tanduay Distillers Inc. to purchase the former’s sugar mill and refining facilities in Nasugbu,...

Metro Pacific posted 1st half profit of P8.1b

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PXP Energy incurs lower loss

Listed PXP Energy Corp. said Thursday it posted a lower consolidated net loss of P17.9 million in the first half compared with a P32.8-million...

Meralco’s core income rose 14% in first semester

Power retailer Manila Electric Co. said Monday core net income increased 14 percent in the first half to P12.3 billion from P10.85 billion a...

PLDT postpones roll-out of 5G services to 2020 as it still looks for vendors

PLDT Inc. pushed back the commercial roll-out of fifth-generation (5G) services to early next year as the country’s largest telco is still selecting the...

Meralco sales rebounded by 11% in April

Power retailer Manila Electric Co. said sales volume climbed 11 percent in April from a year ago on higher demand amid soaring temperature, a...

MPIC eyes partners in toll road, hospital businesses

Metro Pacific Investments Corp. plans to take in strategic partners in the toll road and health care businesses to raise funds for expansion projects. “I...

Meralco’s first-quarter profit climbed to P5.7 billion

Manila Electric Co., the biggest retailer of electricity, registered a consolidated net income of P5.7 billion in the first quarter of 2017, up 7...

PLDT’s income surged 44% to P19.2 billion in 2019

PLDT Inc. said Thursday net income jumped 44 percent in 2018 from a year ago, boosted by the higher sales of all business segments. The...

PXP Energy eyes other oil, gas areas

PXP Energy Corp. is looking at other oil and gas areas offered under the Philippine Conventional Energy Contracting Program. “Of course, we’re looking,” PXP Energy...
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