October 27, 2022

PXP Energy cuts losses to P14.7M

BY LENIE LECTURA – OCTOBER 27, 2022 from Business Mirror PXP Energy Corp. announced it has cut its net loss to P14.7 million at end-September this year from P20.2 million in the same period a year ago, mainly due to […]
October 19, 2022

DOE extends PXP Energy’s petrol service contracts

By Myrna M. Velasco – October 18, 2022, 3:59 PM from Manila Bulletin Following the government’s affirmation of its “force majeure declaration”, the Department of Energy (DOE) said the Pangilinan-led PXP Energy Corporation will be accorded extension on pursuing its […]
June 23, 2022

PXP Energy pursues other oil, gas exploration projects

BY LENIE LECTURA – JUNE 22, 2022 from Business Mirror PXP Energy Corp. is pursuing other projects after exploration activities for petroleum service contracts (SC)—SC 72 and SC 75 blocks in the West Philippine Sea—were suspended. PXP is the operator […]
May 5, 2022

‘Hasten construction of LNG terminals’

BY LENIE LECTURA – MAY 4, 2022 from Business Mirror The chairman of the Energy Lawyers Association of the Philippines (ELAP) said power industry stakeholders must move forward following the suspension of exploration activities in the West Philippine Sea. “We […]