Manuel V. Pangilinan Archives

Pangilinan offers Spratlys to Chinese oil firm in Reed Bank talks

By THERESA MARTELINO-REYES | Mar 11, 2014 12:18 AM

“There can no longer be any legal dispute that the fully submerged Reed Bank, which is where the rich reserves of gas is located, belongs exclusively to the Philippines, being within 200 nautical miles from Palawan and more than 800 nautical miles from China. The resolution of the legal issue is important for investors,” Carpio said.

CNOOC, Manuel V. Pangilinan, Philex Mining, Reed Bank

Editor's Pick News South China Sea: Waters of Contention

Chinese firm rejects MVP offer for share in PH project in Reed Bank

By THERESA MARTELINO-REYES | Mar 10, 2014 5:27 PM

A state-owned Chinese oil firm has rejected the proposal of business tycoon Manuel V. Pangilinan to invest in a contract to drill in the disputed Reed Bank but welcomed “innovative” proposals on how it can participate, according to a memorandum Pangilinan submitted to President Benigno Aquino.

Manuel V. Pangilinan, Reed Bank

Focus Top Stories

The back channels: Trillanes, US and Pangilinan

Sep 21, 2012 12:24 AM

SEN. Antonio Trillanes IV acted as the Philippines’ backdoor negotiator with China from April to July this year, communicating with Chinese foreign affairs officials in a role, Presidential Spokesperson Edwin Lacierda said, in which he won “minor successes.” But there were other back channels besides Trillanes.

Antonio Trillanes IV, Manuel V. Pangilinan, Panatag shoal, Panatag standoff