Rappler's latest stories on Reed Bank
De Lima slams Duterte for 'secret deal' with China
President Rodrigo Duterte's secret deal with China on the West Philippine Sea 'has sold our nation like a sack of potatoes,' says Senator Leila de Lima
[OPINION] A facade of smiles over the Recto Bank incident
From within the government's ranks, all is definitely not well with President Duterte’s pro-Beijing policy
No major decision reached after Duterte execs meet on Recto Bank
The meeting comes as the usually outspoken President Rodrigo Duterte draws flak for his silence on the Recto Bank incident
Satellite data show China ship not 'besieged' by Filipino boats
(UPDATED) 'What 7-8 vessel swarm of night-marauding Filipino fishing boats is China talking about?' says maritime law expert Jay Batongbacal
Recto Bank: Why China covets what belongs to the Philippines
Recto Bank is said to contain most of the oil and natural gas in the West Philippine Sea. The Philippines owns it.
[ANALYSIS] Now’s the best time to rethink China policy
The Philippines should not be timid in resisting China’s bullying tactics at sea
Loan default? DOF says Reed Bank gas can be sold to raise funds
Finance Undersecretary Bayani Agabin says that in the 'unlikely' event of a loan default, China cannot claim Reed Bank. Instead, the Philippines can sell gas and use the cash to pay Beijing.
Reed Bank not collateral to China loan? Carpio rebuts Duterte gov't
Senior Associate Justice Antonio Carpio counters the claims of government officials who sought to downplay his warning against the repercussions of a government loan from China
Philippines has no say in loan deals with China – Panelo
The Duterte administration has no choice but to abide by China's terms since it is only the borrower while China is the lender, says Malacañang
Carpio raises alarm over Chico River deal: China 'can take' gas-rich Reed Bank
If the Philippines can't pay off its loans to China, Supreme Court Senior Associate Justice Antonio Carpio says 'for sure, we will lose in all arbitrations'
Xi's lifetime rule may mean continued hardline stance in West PH Sea – analyst
Aaron Jed Rabena says China could be considered 'compliant' with the 2016 arbitral tribunal ruling if there were peace and stability in the West Philippine Sea
Calamian area a ‘confidence-builder’ for joint exploration in Reed Bank – analyst
Calamian is an uncontested area. Any joint exploration with China in the area should be governed by Philippine laws, says Aaron Jed Rabena of the policy think tank Asia-Pacific Pathways to Progress
Sereno won’t resign, Malacañang on joint exploration, Duterte on UN rapporteurs | Evening wRap
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Malacañang: Two areas being considered for joint exploration with China
Service Contracts 57 and 72 are top of mind for Malacañang when it comes to possible joint exploration agreements between Philippine and Chinese corporations
READ: Text of Hague court ruling affirming PH rights over Mischief Reef
'Mischief Reef... fall within areas where only the Philippines possesses possible entitlements to maritime zones under the Convention.... Accordingly, the Philippines – and not China – possesses sovereign rights with respect to resources in these areas,' reads the ruling of the Permanent Court of Arbitration in July 2016
Pangilinan still optimistic over oil hunt in West Philippine Sea
As ASEAN countries and China prepare to craft a Code of Conduct, Filipino tycoon Manuel Pangilinan is hopeful potential oil and gas reserves in the disputed waters can eventually be tapped
Duterte foreign policy, Anti-Distracted Driving Act, Mike Pence | Evening wRap
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Senators to Duterte: Why tolerate China's war threat?
Senator Paolo Benigno Aquino IV asks why the Philippines is rejecting the European Union s supposed interference but allowing China to make threats
Could Duterte's approach to China ultimately make Ongpin richer?
It s no secret President Rodrigo Duterte dislikes tycoon Roberto Ongpin But Duterte s friendly approach toward China may be the key Ongpin has long been waiting for to unlock a natural gas windfall in the South China Sea
MVP on Reed Bank exploration: 'Absolutely no movement'
Meanwhile a congressman is worried about energy security and says it is high time to allow the resumption of the stalled projects
Hilbay, Jardeleza opposed inclusion of Itu Aba in PH case
In former Solicitor General Hilbay s view it was better for Recto Bank to remain a disputed area even with the presence of the Chinese Navy as long as the Philippines claim stands
Reed Bank exploration: Philex Petroleum may seek new foreign partner
After the Philippines win against China over the West Philippine Sea Philex Petroleum awaits government s cue on Reed Bank exploration
Philex explores prospects outside disputed Reed Bank
This is after the Philippine government in March 2015 suspended all exploration works at the Reed Bank in the South China Sea
Japan, Philippines defy China with second spy plane flight
A Japanese P 3C Orion and a Philippine navy islander flew on a search and rescue drill 50 nautical miles 92 6 kilometers northwest of Palawan island officials say
Oil firm stops drilling in West Philippine Sea
The Pangilinan led Forum Energy says the Philippine government has explained that the contract area falls within the disputed West Philippine Sea
PH gives mixed signals on Recto Bank drilling
The reported suspension of oil drilling comes as the Philippines calls for a moratorium on activities that raise tension in the South China Sea
Q and A: Case vs China 'not enough,' expert says
We will always go back to the two countries sitting down to talk it out maritime law expert Jay Batongbacal tells Rappler
Philippines slams China over 'sovereignty patrols'
The Philippines says China regularly sends ships as part of illegitimate sovereign patrols to claim the disputed West Philippine Sea
Aquino hits China over 2 ships in Recto Bank
China s hydrographic ships have been sighted within the Philippines exclusive economic zone President Aquino says he fears heightened tension between the 2 countries in the South China Sea
China hits Philippines over extended oil drilling
The Philippines extends the permit of Forum Energy a Pangilinan led company to conduct oil drilling activities in the disputed South China Sea
Philippines ready for China ‘sanctions’
Cabinet Secretary Jose Rene Almendras says the Philippine government has discussed and prepared for the possible consequences of its pleading against China
Aquino: Venture with Beijing harder to keep than marriage
The Philippine president on possible joint energy exploration with China: Whose laws will prevail? Whose dispute resolution mechanism will be used?
Reed Bank 'holds huge oil, gas reserves'
Most of the untapped hydrocarbon resources in the South China Sea are in Reed Bank a US agency says
Aquino to MVP: What am I supposed to do?
President Benigno Aquino III harked back at businessman Manuel V Pangilinan who has made a comment about the government s move to elevate to an international tribunal a sea dispute and its impact to private business
MVP on Recto Bank: We're talking only to CNOOC
Other foreign firms have approached Forum Energy for the joint exploration of Rector Bank but Manuel Pangilinan says the oil and gas company is negotiating only with China s CNOOC
YEARENDER: 12 big business stories in 2012
This list shows how the movers and shakers took advantage of opportunities and navigated the risks how political leaders showed grim determination and how intertwined the players in both business and politics are
MVP group eyes new deal talks with CNOOC
The local business group led by businessman Manuel V Pangilinan is considering reviving talks with Chinese state oil firm China National Offshore Oil Corporation CNOOC for a commercial deal over the Recto Bank energy bloc at the South China Sea
PH asserts South China Sea rights anew, bids out 3 blocs
An energy official stressed the 3 blocs are near the Malampaya natural gas project which is not disputed by China
CNOOC must respect PH claim for gas venture to proceed - MVP
The Pangilinan led consortium will not forge a deal with CNOOC if the Chinese state firm will not respect the Philippine s right over the disputed gas rich Recto Bank off Palawan island
Philex can explore in Recto Bank despite Taiwan protest - Palace
Despite recent protests from Taiwan Malacanang asserted its undisputed claim on Recto Bank where Pangilinan led unit of Philex Mining Corp is currently conducting exploration activities
Philex to resume gas exploration at Reed Bank
After the Chinese intrusions in 2011 Manuel Pangilinan says they need to meet their work program this year
