The Philippines has not forged any fishing treaty with China in the West Philippine Sea but continues to recognize the traditional fishing rights in the area, Malacañang clarified Friday, April 23. Photo of Chinese vessels spotted at the Julian Felipe Reef on March 27, 2021 (Photo courtesy of...
The United States under President Joe Biden has reaffirmed its commitment to its alliance with the Philippines amid the new China law that allows its Coast Guard to attack foreign vessels that would ‘intrude’ in the South China Sea. (AFP / FILE PHOTO / MANILA BULLETIN) This comes as two US...
Year-ender Today, I give you pain. Tomorrow, who knows? For industry players in the energy sector, that’s their tale of woe this year given decimated top and bottom lines with demand crash on energy commodities. Onward, uncertainties hold sway. At the height of the lockdown period in March-May,...
With the West Philippine Sea already legally opened by the government for oil and gas exploration, Energy Secretary Alfonso G. Cusi has intensified his call on neighbor-countries in the Southeast Asian region to join in the ‘upstream exploration ventures’ in Philippine waters. In his address at...
To allow the entry of investors in the upstream petroleum sector, primarily China National Offshore Oil Corporation (CNOOC), President Rodrigo Duterte has already lifted the moratorium on seismic as well as oil and gas drilling activities at the West Philippine Sea (WPS), a disputed territory....
Davao businessman Dennis Uy is setting his sights next on oil and gas exploration ventures at the West Philippine Sea, primarily at the Recto Bank area, which is currently under exploration moratorium because of the country’s diplomatic tussle with China. Dennis Uy During DOE’s opening of bids...