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High power bills? Filipinos can have cheaper energy if Manila can drill in Recto Bank despite China row

Recto Bank, an underwater reef in the West Philippine Sea, remains an enigma.  Little is publicly disclosed about it beyond its geology, oil and gas potential, and the decades-long struggle between the Philippines and China for control of its surface waters and the rich hydrocarbon deposits in its depths. One thing is clear, industry experts […]

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