MANILA, Philippines – Pangilinan-led PXP Energy Corp., an upstream oil and gas firm, widened its net loss by 50.7 percent last year due to weaker production and declining crude prices. In a disclosure Monday, the company said its core net loss reached P50.2 million, up from a year ago’s P33.3 million. READ: PXP Energy gets new contract for Galoc project Consolidated net loss attributable to equity holders of the parent company also posted higher losses at P77.5 million versus the previous P30.9 million. PXP Energy said its petroleum revenues dropped 25.6 percent to P49.8 million as sales volume only hit […]... Keep on reading: PXP Energy widened net loss in 2025 to P50.2M