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                    [Title] => Recto Bank drilling on hold  but MVP not  giving up
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It looks like drilling activities in Recto Bank, a petroleum exploration area located in the disputed West Philippine Sea , will remain in a  standstill due to the continued geopolitical tension between the Philippines and China.

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                    [Title] => Forum Energy to drill for oil in Recto Bank
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London-listed Forum Energy Plc., a unit of Philex Petroleum Corp., has received the green light from the Department of Energy (DOE) to conduct a drilling survey in a petroleum exploration area located in the disputed West Philippine Sea.

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                    [Title] => Forum Energy prepares for Recto Bank drilling
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Forum Energy, a UK oil and gas exploration company which is majority owned by businessman Manuel V. Pangilinan, will undertake seismic studies in the disputed Recto Bank in offshore Palawan while waiting for the government’s go-signal for actual drilling works to start, Pangilinan said late Monday.

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                    [Title] => Chinese expert: Joint oil exploration solution to sea row
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The proposed joint exploration of the West Philippine Sea may resolve the growing territorial dispute between the Philippines and China.

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                    [Title] => Forum Energy seeks DOE okay to resume Recto Bank work
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Forum Energy, a company owned by businessman Manuel V. Pangilinan, has asked the Department of Energy (DOE) to allow it to resume exploration work in the disputed Recto Bank in the West Philippine Sea, Energy Secretary Carlos Jericho Petilla said in a press conference yesterday.

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                    [Title] => As territorial dispute heightens: Talks between MVP Group, China oil firm stalled
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Talks between the group of businessman Manuel V. Pangilinan and state-run China National Offshore Oil Co (CNOOC) for possible exploratory works at the disputed Recto Bank in the West Philippine Sea have stalled, Pangilinan said.

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The group of business titan Manuel V. Pangilinan is aiming to reach a commercial agreement with state-owned China National Offshore Oil Co. Ltd. (CNOOC) to finally pave the way for exploratory works at the disputed Recto Bank in the West Philippine Sea, its spokesperson yesterday said.

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                    [Title] => MVP urged to finalize talks with Chinese oil producer
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Energy Secretary Carlos Jericho Petilla is urging the group led by business titan Manuel V. Pangilinan to enter into commercial arrangements with China’s state-owned oil producer to finally pave the way for exploratory works at the disputed Recto Bank in the West Philippine Sea.

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                    [Title] => MVP sees start of exploration at Recto Bank
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Businessman Manuel V. Pangilinan expressed hopes that fresh talks between Philex Mining Corp.’s Forum Energy plc and China’s state-owned oil producer China National Offshore Oil Co. Ltd. (CNOOC) would finally pave the way for exploratory works in the disputed Recto Bank in the West Philippine Sea.

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                    [Title] => DFA reiterates Phl sea rights
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The Department of Foreign Affairs (DFA) yesterday reiterated the Philippines has exclusive right to explore and exploit “all types of resources” in the West Philippine Sea (South China Sea), particularly in areas within the country’s 200 nautical mile exclusive economic zone.

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CHINA NATIONAL OFFSHORE OIL CO

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                    [Title] => Recto Bank drilling on hold  but MVP not  giving up
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London-listed Forum Energy Plc., a unit of Philex Petroleum Corp., has received the green light from the Department of Energy (DOE) to conduct a drilling survey in a petroleum exploration area located in the disputed West Philippine Sea.

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The Department of Foreign Affairs (DFA) yesterday reiterated the Philippines has exclusive right to explore and exploit “all types of resources” in the West Philippine Sea (South China Sea), particularly in areas within the country’s 200 nautical mile exclusive economic zone.

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abtest

Recto Bank drilling on hold but MVP not giving up

By Iris Gonzales | February 25, 2015 - 12:00am

It looks like drilling activities in Recto Bank, a petroleum exploration area located in the disputed West Philippine Sea , will remain in a  standstill due to the continued geopolitical tension between the...

Business

Forum Energy to drill for oil in Recto Bank

By Iris Gonzales | January 30, 2015 - 12:00am

London-listed Forum Energy Plc., a unit of Philex Petroleum Corp., has received the green light from the Department of Energy (DOE) to conduct a drilling survey in a petroleum exploration area located in the disputed...

Business

Forum Energy prepares for Recto Bank drilling

By Iris Gonzales | October 29, 2014 - 12:00am

Forum Energy, a UK oil and gas exploration company which is majority owned by businessman Manuel V. Pangilinan, will undertake seismic studies in the disputed Recto Bank in offshore Palawan while waiting for the...

Business

Chinese expert: Joint oil exploration solution to sea row

By Christina Mendez | September 26, 2014 - 11:32am

The proposed joint exploration of the West Philippine Sea may resolve the growing territorial dispute between the Philippines...

Headlines

Forum Energy seeks DOE okay to resume Recto Bank work

By Iris Gonzales | May 10, 2014 - 12:00am

Forum Energy, a company owned by businessman Manuel V. Pangilinan, has asked the Department of Energy (DOE) to allow it to resume exploration work in the disputed Recto Bank in the West Philippine Sea, Energy Secretary...

Business

As territorial dispute heightens: Talks between MVP Group, China oil firm stalled

By Iris Gonzales | April 4, 2014 - 12:00am

Talks between the group of businessman Manuel V. Pangilinan and state-run China National Offshore Oil Co (CNOOC) for possible exploratory works at the disputed Recto Bank in the West Philippine Sea have stalled,...

Business

MVP Group pushes jv talks with CNOOC for Recto Bank

By Iris Gonzales | January 12, 2014 - 12:00am

The group of business titan Manuel V. Pangilinan is aiming to reach a commercial agreement with state-owned China National Offshore Oil Co. Ltd. (CNOOC) to finally pave the way for exploratory works at the disputed...

Business

MVP urged to finalize talks with Chinese oil producer

By Iris Gonzales | January 10, 2014 - 12:00am

Energy Secretary Carlos Jericho Petilla is urging the group led by business titan Manuel V. Pangilinan to enter into commercial...

Business

MVP sees start of exploration at Recto Bank

By Iris Gonzales | October 28, 2013 - 12:00am

Businessman Manuel V. Pangilinan expressed hopes that fresh talks between Philex Mining Corp.’s Forum Energy plc and...

Business

DFA reiterates Phl sea rights

By Rainier Allan Ronda | December 31, 2012 - 12:00am

The Department of Foreign Affairs (DFA) yesterday reiterated the Philippines has exclusive right to explore and exploit “all...

Headlines