Energy department awaits go-ahead on oil drilling in West Philippine Sea
Excerpt
The Department of Energy (DOE) is ready to resume drilling for oil and natural gas on Recto Bank in the West Philippine Sea, but when work will restart is up to the Department of Foreign Affairs (DFA), which suspended the exploration in 2014 as the Philippines pursued international arbitration to resolve a territorial dispute with China. According to the DOE, the estimated resource potential of the Reed Bank Basin is as much as 60 trillion cu m of natural gas.
Citation
Domingo, R. W. (2017, July 14). Energy department awaits go-ahead on oil drilling in West Philippine Sea. Philippine Daily Inquirer, p. A10.
Associated content
Online versionSubject
Oil and gas exploration; Law of the sea; Natural gas; Fuels; Disputes; Territorial waters; Exclusive economic zone; Bilateral agreements; Department of Energy (DOE); Department of Foreign Affairs (DFA); Philippine Energy Contracting Rounds (PECR); Resource Development Bureau - Department of Energy (DOE); Forum Energy Ltd.; PXP Energy Corp.; Philex Petroleum Corp.; Fuentebella, Felix William; Cusi, Alfonso; Ocampo, Ismael; Aquino, Benigno III; de Venecia, Jose; Cayetano, Alan Peter; Xi, Jinping; Pangilinan, Manuel V.
Collections
- Philippine Daily Inquirer [1507]
Related items
Showing items related by title, author, creator and subject.
-
Energy recommends lifting of ban on West Philippine Sea exploration
(Manila Standard,January 4, 2019 , on page B1)The Energy Department officially recommended to the Department of Foreign Affairs the lifting of the moratorium on oil and gas exploration in the West Philippine Sea amid the enhanced relations between China and the ... -
PXP Energy stands by to resume drilling of Recto Bank oil block
(BusinessWorld,July 16, 2020 , on page S1/3)PXP Energy Corp. has set its eyes on exploring an oil block within the disputed West Philippine Sea that is estimated to bear as much as 3 trillion cubic feet of gas resources. Led by businessman Manuel V. Pangilinan, the ... -
Gov't proceeds with WPS deals
(Daily Tribune,August 16, 2021 , on page B9)The Department of Energy (DoE) said that joint exploration with China will be pursued but it will also bid out service contracts for other areas in the West Philippine Sea (WPS) considered within Philippine territory. ...