Malacañang said that the Philippines has always been “sincere” in its engagements with China, amid renewed discussions on possible joint oil and gas exploration. Presidential Communications Office (PCO) Undersecretary Claire Castro said this after the Chinese Embassy in Manila said Beijing is...
The Chinese embassy in Manila has welcomed President Marcos ' pronouncement that the Philippines is open to the possibility of joint oil exploration with China amid the looming oil crisis brought by the Middle East conflict. Guo Wei, deputy spokesman for the embassy, said setting aside both...
President Marcos said changes in relations with China are already taking place as he signaled openness to joint gas development with Beijing despite ongoing territorial disputes. “I think it’s certainly going to happen… there’s going to be a very, very serious restructuring,” Marcos said...
The Philippines has not yet restarted its talks on possible joint oil exploration with China, although it may be "forthcoming," especially amid the looming oil crisis brought by the Middle East conflict. Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro made the pronouncement on...
The Philippine Navy (PN) will secure government personnel and private companies that would conduct oil exploration activities in the West Philippine Sea (WPS). “Your Philippine Navy and your Armed Forces are ready to provide security and protection to any effort by the national government to...
With the increasing dependency on imports of energy resources, the country should enhance its policies on indigenous sources to ensure energy sources are sufficient for short to long-term use, the government’s think-tank researchers said. In a policy note titled “Evaluating energy security in...
The Department of Energy (DOE) has conveyed to Congress that President Ferdinand Marcos Jr. has given the go-signal to oil and gas exploration and drilling activities in the country, including at the disputed waters of the West Philippine Sea (WPS). When quizzed by Representative France Castro...
Philippine upstream company PXP Energy Corporation is now coming to terms with the idea that the resumption of exploration at the Recto Bank prospect will rely on the political decision of the national government (NG), primarily considering the diplomatic alliances of the administration with global...
Senate Minority Leader Aquilino “Koko” Pimentel III on Monday, April 3, said he favors the inclusion of the Philippine Senate in the proposed talks on Philippine-China joint oil exploration in the West Philippine Sea (WPS). “The idea of Senate ‘involvement’ is to be endorsed. Involvement...
China has reiterated its commitment to explore ways to conduct joint maritime exploration after the Philippine Supreme Court declared as unconstitutional a 2005 joint oil exploration deal among China, the Philippines and Vietnam. In a press conference on Wednesday, China's spokesman for its...
​The bilateral relationship between the Philippines and China, which has been strengthened following President Ferdinand "Bongbong" Marcos Jr.'s state visit to the Asian giant, will not be affected despite the Supreme Court's decision to declare unconstitutional a 2005 joint oil exploration...
Senator Sherwin Gatchalian on Sunday, January 8 expressed doubts that China would be willing to accommodate the Philippines’ demands with regards to the proposed joint oil and gas exploration in the South China Sea even under President Ferdinand “Bongbong” Marcos Jr.’s administration. Sen....
