PXP Energy Corpo. reported a core net loss of P21.1 million in the first half of 2025, more than double the P9.5 million loss from the same period last year, due to weaker crude prices, lower Galoc volumes, and rising production costs.
PXP Energy Corp., a publicly listed oil and gas exploration firm, reported a first-quarter net loss of P9.4 million, significantly wider than the P2.6 million loss posted during the same period last year.
The Department of Energy (DOE) said the government is taking immediate steps to ensure a steady power supply in Catanduanes amid ongoing challenges faced by local power provider Sunwest Water and Electric Co. (Suweco).
The Department of Agriculture (DA) said researchers have identified a small goby fish in Lake Bato, Camarines Sur that may be endemic, or found only in that area.
Energy company ACEN Corp. said it is considering several ways to raise additional capital within the next 6 to 12 months to support its renewable energy (RE) projects.