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PXP Energy losses widen as revenues decline in H1

PXP Energy Corp. reported on Wednesday its losses ballooned to P11.2 million in the first half from P6.3 million in the same period a year ago on lower margins from its Galoc operations and higher interest expense. The listed upstream oil and gas company said revenues fell to P39.4 million… ....

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PXP Energy seeks government nod for 3 new service contracts

PXP Energy Corp. has applied for three new service contracts (SCs) with the Department of Energy (DOE), its president said on Wednesday. “Looking ahead, we eagerly await the approval of three new service contracts in northwest Palawan, the Sulu Sea, and Recto Bank areas,” PXP Energy President Daniel Stephen P.… ....

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PXP Energy expects to drill oil well in Palawan by first quarter of 2024

PXP Energy expects to drill oil well in Palawan by first quarter of 2024
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