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...
Manuel V. Pangilinan-led PXP Energy Corp. plans to expand its exploration footprint in the Northwest Palawan basin, anticipating the award of two additional service contracts (SCs) as it seeks to boost its reserves amid widening losses. In a disclosure to the Philippine Stock Exchange on Thursday,...
Manuel V. Pangilinan-led listed upstream oil and gas company PXP Energy Corp. has increased its stake in Canada’s FEC Resources Inc., which holds a key interest in an oil and gas exploration project off Palawan. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Aug. 1, PXP Energy...