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Home Icon > About Us > News > Philippines to Resume Oil Exploration in South China Sea

Philippines to Resume Oil Exploration in South China Sea

By Claire Jiao and Cecilia Yap (Bloomberg) –The Philippines lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a move that was welcomed by China and boosted the shares of the Southeast Asian nation’s energy producers. Resume-to-work notices were issued to Philippine National Oil Company-Exploration Corp., PXP Energy […]

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