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Tag: Northwest Palawan Basin

PXP Energy’s first-quarter loss widened to P15.6 million

PXP Energy Corp. reported a consolidated net loss of P15.6 million in the first quarter of 2026, wider than the P9.4-million loss it booked...

PXP Energy expands exploration footprint despite P50.2-m loss in 2025

PXP Energy Corp. losses widened to P50.2 million in 2025 from P33.3 million in 2024, driven by lower production volumes from the Galoc field...

Government issues new service contract for Galoc oil field extension

The government has issued a new petroleum service contract for the Galoc oil field in northwest Palawan to allow a consortium to recover remaining...

PXP Energy eyes 2 more Palawan service contracts

PXP Energy Corp. expects the government to award two additional service contracts in the prolific Northwest Palawan Basin within the next few months, the...
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