Amid its ongoing exploration program, Manuel V. Pangilinan-led PXP Energy Corp. widened its net loss in the first half of the year, weighed down by lower crude prices, reduced production volumes, and elevated financing costs. In a disclosure to the Philippine Stock Exchange on Tuesday, Aug. 4, PXP...
PXP Energy Corp., the upstream oil and gas explorer led by billionaire Manuel V. Pangilinan, is seeking foreign partners to help fund and execute energy exploration projects in the Philippines, including a search for naturally occurring hydrogen. In an ambush interview last week, Pangilinan said...
The Department of Energy (DOE) announced the expansion of its hydrogen exploration program after Colorado-based energy firm Koloma Inc. secured exclusive rights to pursue additional studies in Zambales province. In a statement on Friday, July 24, the DOE said President Ferdinand R. Marcos Jr....
Malacañang said the implementation of the fuel subsidy program for public utility vehicle (PUV) drivers and operators continues, but the service contracting program was completed and will no longer be extended. Palace Press Officer and Communications Undersecretary Claire Castro said the fuel...
Six more bus operators will have a lot of explaining to do after their conductors apparently did not honor the agreement to give discounts to all their passengers under the service contracting program. The agreement under the service contracting program is for the transport operators to give P20...
The Land Transportation Franchising and Regulatory Board (LTFRB) urged commuters using public utility vehicles (PUVs) under the government’s service contracting program to fight for their right to reduced fare following reports that the discount system is not being followed. On Thursday, April...
President Marcos inspected the implementation of the government’s service contracting program for public transport in Cubao, Quezon City, as he reaffirmed continued assistance for both drivers and commuters amid high fuel prices. The President, on Monday, April 20, visited the Araneta Center Bus...
Senator Joel Villanueva on Wednesday, April 15 welcomed the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) for its decision not to make the use of GPS a compulsory requirement for public utility vehicle (PUV) drivers participating in the...
The Department of Transportation (DOTr) will roll out its revamped Net Service Contracting Program on April 15 to keep public utility vehicles (PUVs) on the road despite volatile fuel prices. The program revives and expands service contracting first introduced during the pandemic. It departs from...
President Marcos has announced the implementation of service contracting program for public utility vehicles (PUVs) starting April 15. Marcos made the announcement in a video message on Thursday afternoon, April 9, following a recent meeting with the UPLIFT committee. "Simula April 15, ipapatupad...
Senator Risa Hontiveros on Monday urged the Department of Transportation (DOTr) and the Land Transport Franchising and Regulatory Board (LTFRB) to include public utility vehicles (PUV) drivers and operators in the government’s service contracting program. Hontiveros said that while she supports a...
Senator Grace Poe on Sunday, October 31 lamented the government’s lack of proactive mechanisms to help public utility vehicle (PUV) drivers cope with the rising oil prices, saying she can only hope that the P1-billion promised cash assistance to the sector would materialize. Poe, who chairs the...
