SC 72 - updates

Rappler's latest stories on SC 72


Could Duterte's approach to China ultimately make Ongpin richer?

May 17, 2017 - 1:00 PM

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

Oil firm stops drilling in West Philippine Sea

Mar 03, 2015 - 7:04 PM

The Pangilinan led Forum Energy says the Philippine government has explained that the contract area falls within the disputed West Philippine Sea

PANGILINAN-LED. Forum Energy, the British company allowed to explore Recto Bank, is run in the Philippines by businessman Manuel V Pangilinan.

Gov't to suspend Forum Energy exploration in West PH Sea

Feb 24, 2015 - 7:37 PM

The energy department advises the company holder of Service Contract 72 to hold off exploration due to developments between the PH and Chinese governments

MVP-led Philex Petroleum posts P1.09-B loss in 2012

Feb 22, 2013 - 11:22 AM

The listed oil and gas unit of the Manuel V Pangilinan business group wrote off losses from coal and gas projects in 2012

Aquino to MVP: What am I supposed to do?

Jan 27, 2013 - 11:10 AM

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

BALANCING ACT. President Aquino talks to Filipino media in Davos about the South China Sea issues he is faced with. Photo by Malacañang bureau

PNoy supports consortium with China in Recto bank

Jun 25, 2012 - 3:40 PM

The government supports efforts to include Chinese investors in the exploration of the disputed oil and gas rich bank off Palawan as long as they comply with the terms and conditions of the contract

Philex can explore in Recto Bank despite Taiwan protest - Palace

Mar 13, 2012 - 6:47 PM

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