In a major sign of improved bilateral relations, not to mention our desperation to develop alternative sources of energy, Department of Energy (DOE) Secretary Alfonso Cusi recently announced a “win-win solution” in the West Philippine Sea. Thus, the PNOC Exploration Corp, in partnership with China National Offshore Oil Corporation (CNOOC) and Jadestone Energy Inc. are set to develop Calamian project off the island of Palawan. China’s CNOOC is expected to hold a majority 51 percent share.

Heydarian, R. J. (2017, October 11). West Philippine Sea: Joint development with China?. Manila Bulletin, p. 12.