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Month: March 2014

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

Phikex Petroleum President Manuel V. Pangilinan
Phikex Petroleum President Manuel V. Pangilinan
(First of two parts)

By Theresa Martelino-Reyes, VERA Files

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.

State-owned China National Offshore Oil Corp. (CNOOC) turned down the offer made by Pangilinan, chairman and chief executive officer of Philex Petroleum Corp, in a meeting on May 2, 2012.

“A Farm-In Agreement into SC 72 (which Philex previously suggested to them) is not acceptable given the sovereignty issue,” Pangilinan reported to Aquino in an aide memoire submitted to the President on May 7, 2012. The contents of the aide memoire, obtained by VERA Files, have not been made public since it was submitted to the President.

SC 72 refers to Service Contract 72, signed in 2010, in which the Philippine government awarded Forum Energy Plc. (FEP) exploration rights to a basin within Reed Bank. Philex owns 64.45 percent of FEP, a London-based listed oil and gas exploration firm focused on the Philippines. FEP in turn owns 70 percent of SC 72.

A farm-in agreement is a contract signed between the owner of the “farm” and its exploration partner. Accepting such an arrangement could be interpreted as CNOOC accepting the Philippines as “owner” of Reed Bank.

St Scholastica’s Hildegarde awards

Hildegarde Award for Outstanding Achievement in Print and Online Journalism.
Hildegarde Award for Outstanding Achievement in Print and Online Journalism for VERA Files.

I learned something new last Saturday when I went to St. Scholastica’s College to receive the award together with my colleague, Luz Rimban, for VERA Files.

St. Scholastica cited VERA Files’s stories about victims of Yolanda typhoon being vulnerable to human traffickers. We thank St Scho for recognizing our contribution to the fight against human trafficking which is a modern day slavery.

The wonderful thing about St Scho’s Hildegarde Awards for Women and Media Communication is that, the awardees were not asked to apply. The Mass Communications students monitored all year round TV, Radio, Print and Online. After a thorough screening faculty members and students decide on the awardees.

Who is Hildegarde?

Highlighting the importance of research in journalism

University of the Philippines students Darlene Cay and Vince Nonato (third and fourth from left) receive the Chit Estella Journalism Award from Roland Simbulan and VERA Files President Ellen Tordesillas (center) along with the panel of judges. PHOTO BY The Plaridel Bulldog
University of the Philippines students Darlene Cay and Vince Nonato (third and fourth from left) receive the Chit Estella Journalism Award from Roland Simbulan and VERA Files President Ellen Tordesillas (center) along with the panel of judges. PHOTO BY The Plaridel Bulldog

Congratulations to the winners in this year’s Philippine Journalism Research Conference (PJRC) held at the University of the Philippines Wednesday.

The project is commendable because, these days when many people are dismayed by the preponderance of sloppy journalis, it gives importance to research in the practice of journalism.

Aiming to highlight commendable researches of journalism students,this year’s PJRC gave the Chit Estella Memorial Awards for Journalism Research to students with the most excellent work.

The incredible Dennis Cunanan

Dennis Cunanan
Dennis Cunanan
Dennis Cunanan, the deputy director general of Technology Resource Center (TRC), said of the some P600 million PDAF (Priority Development Assistance Fund) or pork barrel that passed through his office and ended up in the pockets of three senators and Janet Napoles, he didn’t get a single centavo.

Incredible! As incredible as Cunanan, a college undergraduate, getting appointed by Gloria Arroyo as executive director of the Commission on Higher Education.

Thanks Karina Constantino-David for reminding the public of that attempt by Cunanan to put one over the Filipino people.

Brunei snubs ASEAN Spratlys claimants’ meeting to forge one stand on China

Sultan of Brunei Bolkiah is welcomed by Chinese President Xi Jinping in Beijing. Photo from Brunei Times.
Sultan of Brunei Bolkiah is welcomed by Chinese President Xi Jinping in Beijing. Photo from Brunei Times.
By Tessa Jamandre, VERA Files

Four members of the Association of Southeast Asian Nations (ASEAN) with claims in the South China Sea failed to take a united stand on China’s growing aggressiveness after Brunei opted out of a recently held meeting in Manila.

Brunei was a no-show in the 1st ASEAN Claimants Working Group Meeting held at Pan Pacific Hotel in Manila Feb. 18, and is expected to skip the second round in Malaysia on March 25,diplomatic sources privy to the talks said.

The meeting, however, saw a more engaged Malaysia, which has abandoned its former passive attitude toward China’s military activities in the region.

Mar-Chiz, Binay-Meloto, Cayetano-Trillanes

These are the political alliances shaping up for the 2016 presidential elections.

The President's dream team:Roxas-Escudero
The President’s dream team:Roxas-Escudero
President Aquino’s dream team for 2016.[/caption]Interior Secretary Mar Roxas for president and Sen. Chiz Escudero for vice president for the Liberal Party; Vice President Jejomar Binay and Gawad Kalinga founder and chairman Tony Meloto for the United Nationalist Alliance; and Senators Alan Cayetano and Antonio Trillanes IV for the Nacionalista Party.

Sources said Roxas and Binay both wanted Sen. Grace Poe as running mate but the lady senator feels she is not ready yet to run for a higher position in 2016.

The Mar Roxas and Chiz Escudero ticket is the handiwork of President Aquino, several sources said.
Both Roxas and Escudero, gave up their long-harbored presidential ambitions in 2010, to give way to Aquino, whose candidacy came after the death of his mother,former President Cory Aquino, in August 2009.