New Gas Reserves Discovered at the Largest Field in the Philippines
The Philippine company Prime Energy, operator of service contract No. 38 (SC 38), has discovered new natural gas accumulations offshore Palawan on the continental shelf of the Philippines.This was reported by the company’s press service. The company successfully tested the new Camago-3 well, which recorded a flow rate of about …
China Prevents the Philippines from Extracting Oil Offshore the South China Sea
The Chinese fleet, including the coast guard, does not allow Philippine drilling ships into the waters. China does not allow the Philippines to extract oil in the South China Sea. It’s all about Beijing’s claims to the region – and its fleet of fishing boats and coast guard boats stationed …