Manny V. Pangilinan-led PXP Energy said it is drilling two appraisal wells in its Service Contract (SC) 72 exploration block in gas-rich Recto Bank in the West Philippine Sea. “Each of Forum...
House Assistant Majority Leader and Cebu Rep. Eduardo Gullas criticized the Makati Business Club (MBC) for calling on the government to take control of the operations of the offshore Malampaya gas field....
Surigao Del Sur Rep. Johnny Pimentel said two offshore gas drilling activities in the Recto Bank in the West Philippine Sea (WPS) must proceed as scheduled despite tensions with China, stating that...
Manny V. Pangilinan-led PXP Energy Corporation said that it is settling its dispute with its Australian joint venture partner over their offshore exploration venture in Peru, though for less than a tenth...
Major energy players in the country are set to give a total of Php56 million in cash incentives to Filipino medalists following Team Philippines’ historic run at the Tokyo Olympics. This comes...
Filipino Olympic middleweight boxer Eumir Marcial is expected to receive a total of Php5 million entities owned by major energy players Manny V. Pangilinan, Ramon Ang, and Dennis Uy for his bronze...
Filipino Olympic boxer Nesthy Petecio will also be getting cash incentives, this time worth Php13 million, for her silver finish in the Tokyo games. Manila Electric Company (MERALCO) and PXP Energy’s Manny...
PXP Energy recorded a lower core net loss of Php22.2 million in the first half of 2021, 19% lower from Php26.9 million in the same period last year. The Manny V. Pangilinan-led...
Manny V. Pangilinan-led PXP Energy is ready to resume oil exploration and drill exploratory wells in the Service Contact (SC) 72 block in the West Philippine Sea (WPS) next year even without...
The Department of Energy (DOE) said it will implement the 60-40 ownership rule in joint explorations with China in the West Philippines Sea (WPS). Energy Usec. Felix William Fuentebella said during the...
