Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $28,398
35%  
Woo hoo!! And we're now over 35%!! Thank you all very much!! God bless.

Keyword: redemperor

Brevity: Headers | « Text »
  • Vietnam scraps South China Sea oil drilling project under pressure from Beijing: BBC

    03/22/2018 11:01:28 PM PDT · by blueplum · 14 replies
    Reuters ^ | 22 Mar 2018 | Staff
    HANOI (Reuters) - Vietnam’s state oil firm PetroVietnam has ordered Spanish energy firm Repsol to suspend its “Red Emperor” project off the country’s southeastern coast following pressure from China, the BBC reported on Friday. {snip} The block lies near the U-shaped “nine-dash line” that marks the vast area that China claims in the sea and overlaps what it says are its own oil concessions. The field can produce 25,000-30,000 barrels of oil and 60 million cubic meters of gas a day, Vietnamese news provider Cafef.vn reported last month. Repsol spent around 33 million euros ($41 million) on exploration in Vietnam...