Monday, December 15, 2025
Today's Print

Tag: Recto Bank

‘Urgent task’ to get gas in Recto Bank amid WPS crisis, says Carpio

The “urgent” task at hand is for the government to begin oil exploration and “get gas” in Recto Bank (Reed Bank) amid heightened tensions...

PXP eyes other oil, gas projects

PXP Energy Corp. said Wednesday it will focus efforts on other oil and gas prospects following the suspension of Service Contract 72 (Recto Bank)...

Fishers hit by Chinese boat to get P6 million

The crew of fishing boat F/B Gem-Ver 1, which sank after it was rammed by a Chinese vessel at Recto Bank in the West...

SC 72 consortium preparing to drill two wells in gas-rich Recto Bank

The joint venture holding Service Contract 72 plans to drill two exploratory wells in the gas-rich Recto Bank in northwest Palawan by June. FEC Resources...

PXP Energy set to drill two wells in Recto Bank

PXP Energy Corp., the oil and gas exploration unit of Philex Mining Corp., said Thursday it will drill two appraisal wells in the gas-rich...

Offshore drill to assert EEZ rights

Surigao del Sur Rep. Johnny Pimentel on Sunday said deep-water drilling in the Sampaguita gas field in Recto Bank is a move to assert the...

Recto Bank gas drill to proceed despite China tensions – Pimentel

The chairperson of the House strategic intelligence committee said Tuesday he expects two offshore gas drilling activities in Recto Bank to proceed as scheduled...

PXP Energy ready to drill Recto Bank wells next year despite territorial  row

PXP Energy Corp. is ready to drill exploratory wells under service contract 72 (Recto Bank) next year, but remains wary of the geopolitical issue...

First Pacific Group lines up integrated natural gas hub

The First Pacific Group Pangilinan plans to establish an integrated natural gas business by utilizing gas from Service Contract 72, or the Recto Bank,...

‘Unilateral’ lifting of moratorium

"It seems the Philippines is complicating our joint venture agreement to our disadvantage."   Last week, President Duterte announced he would be lifting the moratorium to...

‘Boat ramming’: Chinese told to pay P12m to Pinoy fishermen

Justice Secretary Menardo Guevarra has said the Chinese government will have to pay P12 million the 22 fishermen and owner of M/V Gem-Ver rammed...

Navy protests Chinese survey

The Philippine Navy will request that a diplomatic protest be filed over a Chinese vessel’s alleged surveying activities at Recto Bank or Reed Bank,...

Why it took China long time to issue a formal apology?

The Chinese government had long issued a verbal apology over the June 9 sinking of a Filipino fishing boat by a Chinese trawler near...

China shipper rues ramming

The owner of the Chinese ship that rammed and sank a Filipino fishing vessel in Recto Bank in June has apologized to the Filipino...
- Advertisement -spot_img
- Advertisement -spot_img