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'Face-saving' for China, says ex-justice Carpio on 60-40 resource sharing

Christian V. Esguerra, ABS-CBN News
Posted at Oct 28 03:26 PM

MANILA -- The joint exploration deal being worked out in the West Philippine Sea is an “implied admission” by China that the area, believed to be rich in oil and gas deposits, belongs to Manila but also “face-saving” for Beijing, former Supreme Court justice Antonio Carpio said Monday. Read more »

PH-China joint oil exploration talks sa West Philippine Sea, sisimulan na

ABS-CBN News
Updated as of Oct 27 09:14 AM

Sisimulan na sa susunod na linggo ang pag-uusap ng Pilipinas at China para sa joint oil exploration sa West Philippine Sea. Read more »

60-40 resource sharing between PH, China ‘fair,’ says Esperon

Arianne Merez, ABS-CBN News
Posted at Oct 25 03:28 PM

Sharing resources in the West Philippine Sea with China is only “fair” as long as Manila gets the bigger cut, National Security Adviser Hermogenes Esperon said Friday.  Read more »

Gatchalian cautions gov't vs 'high-risk' nuke deal with Russia

ABS-CBN News
Posted at Oct 08 04:34 AM

MANILA—Sen. Sherwin Gatchalian said Monday the Philippine government should be cautious in its plan on a possible joint exploration of nuclear energy with Russia. Read more »

Will China honor 60-40 sharing in joint exploration with PH?

ABS-CBN News
Posted at Sep 13 11:49 PM

Amid doubts over the joint exploration deal between the Philippines and China, an expert believes Beijing will honor the 60-40 sharing rule to show the world it is capable of cooperating with other claimants of the West Philippine Sea. Read more »

Palace to Robredo: Use maternal, lawyer instincts in S. China Sea comments

Arianne Merez, ABS-CBN News
Posted at Sep 13 08:46 PM

Vice President Leni Robredo should rely on her instincts as a mother and lawyer in making comments on the Philippines’ legal victory in the South China Sea, Malacañang said Friday. Read more »

Palace assures Carpio: Duterte will never abandon PH arbitral win vs China

Arianne Merez, ABS-CBN News
Posted at Sep 13 06:37 PM

Malacañang assured Senior Associate Justice Antonio Carpio Friday that President Rodrigo Duterte would never abandon the Philippines legal victory in the South China Sea after the magistrate said the chief executive has “no authority” to set it aside. Read more »

Analyst: Documents on PH-China joint exploration deal yet to be finalized

ABS-CBN News
Posted at Sep 12 06:41 PM

Former Foreign Affairs Secretary Albert del Rosario said there can be economic activity in the Exclusive Economic Zone of the Philippines without compromising Manila's legal victory in the West Philippine Sea. Read more »

Robredo: 'Irresponsible' to set aside PH win vs China for joint exploration

ABS-CBN News
Posted at Sep 12 03:10 PM

Vice President Leni Robredo said Thursday it was "profoundly disappointing and extremely irresponsible" for President Rodrigo Duterte to say that the Philippines could set aside its legal victory against China to pave the way for a joint oil and gas exploration. Read more »

Pangilinan hits deal allowing Chinese-linked 3rd telco to build infra in PH military bases

ABS-CBN News
Posted at Sep 12 01:21 PM

MANILA - Opposition leader Sen. Francis Pangilinan on Thursday expressed concern over the military's agreement with telecommunications firm Dito Telecommunity Corp. to build communications infrastructure inside military bases, citing the involvement of a Chinese firm in the consortium.    Read more »

PXP Energy shares jump on Philippines-China exploration hopes

ABS-CBN News
Updated as of Sep 12 10:19 AM

Shares of PXP Energy, which has a service contract in the South China Sea, were up 4.7 percent in early trading, compared to a 0.29-percent decline in the main index. Read more »

Locsin: Joint exploration deal with China won't compromise Hague victory

ABS-CBN News
Posted at Sep 11 11:57 PM

No compromise on the Philippines' arbitral victory over China: that's the assurance of the country's top diplomat after President Rodrigo Duterte revealed Beijing wants the ruling ignored to make way for the joint oil and gas exploration deal in the West Philippine Sea. Read more »

Duterte says willing to ignore Hague victory for joint exploration project with China

ABS-CBN News
Posted at Sep 11 02:12 AM

MANILA—President Rodrigo Duterte said Tuesday China wants the Philippines to ignore its legal victory in the South China Sea to push through with the joint oil and gas exploration deal in the disputed waters. Read more »

China, PH to form committees for joint gas exploration talks

ABS-CBN News
Updated as of Aug 30 10:05 PM

Philippine National Oil Company (PNOC) and China National Offshore Oil Corporation (CNOOC) will be part of the working group, while Philippine and Chinese energy ministries and concerned agencies will be part of the steering committee, said Philippine Ambassador to China Chito Sta. Romana. Read more »

Raising arbitral victory 'beginning' of PH-China dialogue on maritime issues: PH envoy

ABS-CBN News
Posted at Aug 28 03:54 PM

Philippine Ambassador to China Chito Sta. Romana voices optimism over the prospective outcome of the Philippines and China's bilateral talks in Beijing. Sta. Romana says both the arbitral ruling on the South China Sea dispute and joint exploration in the disputed waters are part of the agenda scheduled August 29. He adds that this is the opportune time for both China and the Philippines to manage their differences and move forward in areas of cooperation. Read more »

OPINION: Composition of joint exploration working group expected during Xi-Duterte meeting

Ellen T. Tordesillas
Posted at Aug 28 02:40 AM

The PH-China Memorandum of Understanding on Cooperation on Oil and Gas Development, considered a breakthrough in the jagged relationship of the Philippines and China, is expected to move forward when the 2 governments submit the names who will compose the Working Group during the bilateral meeting of President Rodrigo Duterte and Chinese President Xi Jinping in China on Thursday. Read more »

Will PH give up control of seas in 60-40 joint exploration deal with China? Expert asks

Willard Cheng, ABS-CBN News
Posted at Aug 12 08:06 PM

Will the government “give up control and supervision of the activity” as part of the “60-40” sharing scheme for joint exploration in the South China Sea? Read more »

PXP Energy hopes for ‘some progress’ in Duterte-Xi meeting: Pangilinan

Katrina Domingo, ABS-CBN News
Posted at Aug 07 03:16 PM

PXP Energy is hoping “some progress” can be made on possible joint exploration in the South China Sea when President Rodrigo Duterte and Chinese leader Xi Jinping meet later this month, its chairman said Wednesday. Read more »

PH-China oil and gas deal 'just an agreement to explore solutions': Carpio

ABS-CBN News
Updated as of Nov 24 05:40 PM

It was among the 29 deals signed during Xi's 2-day visit to Manila that ended Wednesday. Read more »

'Not one centimeter': PH says to guard sovereignty under China deal

ABS-CBN News
Updated as of Nov 23 09:26 AM

The MOU signed during Chinese President Xi Jinping's state visit this week merely calls for "cooperation" and is "not yet a contract," Energy Undersecretary Donato Marcos said. Read more »