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...
The Department of Energy (DOE) said it is looking to have at least five petroleum wells drilled within the West Philippine Sea (WPS) The department particularly said it is expecting the drilling...
Businessman Manny V. Pangilinan, who leads the Service Contract (SC) 72 consortium, said he needs a technical partner to proceed with the exploration of the Recto Bank oil and gas field in...
PXP Energy, through its subsidiary Pitkin Petroleum Peru Z-38 SRL, said that it will likely terminate its license contract with Australian partner KEI (Peru Z-38) Pty. Ltd. Sucursal del Peru for its...
PXP Energy Corporation is highly optimistic it would secure two service contracts (SCs) in the Sulu Sea and the Recto Bank in the West Philippine Sea (WPS) in a bid to revive...
PXP Energy, through subsidiary Pitkin Petroleum Z-38 SRL, has launched a case against Australian partner Karoon Gas Australia Limited for breach of its obligation to drill a second well in its service...
PXP Energy Corporation has cut its core net loss by 66.9% to Php5.6 million in the first quarter of the year from Php16.9 million in the same period last year. In a...
