Philippines to Build Islands Port Near Taiwan
The U.S. military will not be involved in development of a port in the Philippines' remote northernmost islands near Taiwan, the local governor said, removing a potential source of friction with China over the U.S. presence in the region.The governor of the Batanes islands, less than 200 km (125 miles) from Taiwan, said in August she had sought U.S. funding for a new port there. The U.S. embassy had at the time confirmed its diplomats and U.S. Army Pacific (USARPAC) experts had…
Fire Out on Esperanza Star
The Philippine Coast Guard has declared “fire out” on the ferry Esperanza Star after attending then scene when a distress call was made at 0400 on June 18. The vessel was sailing in the waters of Panglao, Bohol, with 78 passengers and 59 crew onboard when the fire broke out at the aft of the vessel. Those onboard are reported to be safe and without injury after being taken to Bohol.The vessel is operated by Kho Shipping Lines, and the company issued a statement thanking the personnel of Philippine Coast Guard (PCG)-Bohol…
Shell to Shut Down Philippine Refinery and Turn It into Import Terminal
The Philippine unit of Royal Dutch Shell said on Tuesday it will permanently shut one of the country's two oil refineries, blaming a pandemic-led slump in margins, with other regional closures likely to follow, according to analysts.Pilipinas Shell Petroleum Corp said its 110,000-barrel-per-day Tabangao facility in Batangas province, which began operations in 1962, was no longer economically viable and would be turned into an import terminal.Singapore's complex refining margin…
The Philippines Answers Call of Cruise Workers Begging to Go Home
Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ships or in coronavirus quarantine, so they can finally go home.Thousands are aboard cruise vessels off Manila Bay or stuck in hotels and crowded health facilities, some growing frustrated having tested negative for the coronavirus and completed the mandated 14-day quarantine.Overseas Filipino Workers, or OFWs, are breadwinners and a key support base of Duterte. Their more than $30 billion of annual remittances is a key driver of the Philippine economy, sustaining millions of family members.“The president said they can use all government resources and whatever means of transportation - bus…
Chevron Wraps Sale of Malampaya Field Stake
U.S. oil major Chevron has completed the exit from the Shell-operated Malampaya gas project offshore the Philippines with the sale of its 45% non-operating interest in the field to Udenna Corporation. The sale deal was signed in October 2019.The Malampaya natural gas field lies about 50 miles (80 km) northwest of the Philippine island of Palawan. Net daily production during 2019 averaged 136 million cubic feet of natural gas and 3,000 barrels of condensate.Produced from fields at water depths of about 2…
