(Bloomberg) — The Philippines is working to explore other parts of the country that are potentially rich in oil and gas, according to an energy official, as talks with Beijing on joint resource development in the South China Sea are stalled by tensions between the two nations. Most Read from Bloomberg Manila cannot rely solely […]
Tag: oilrich
Guyana is preparing to defend borders as Venezuela tries to claim oil-rich disputed region, president says
Guyana’s President Irfaan Ali said the country is taking every necessary step to protect itself from Venezuela, which has ordered its state-owned companies to explore and exploit oil and minerals in Guyana’s vast and resource-rich Essequibo region that it considers its own, the Associated Press reported on Wednesday. Ali shared similar sentiments in a Tuesday […]