Oil Company Pulls Out of Vietnamese Oil Field as China Puts the Squeeze on Vietnam

Sandra Loyd

Vietnam has actually cancelled its agreement with an oil well initially indicated to start checking out at an oil field near Lead Bank, off Vietnam’s southeastern coast, the owner of the rig has actually validated. The cancellation comes as China applies pressure on Southeast Asian countries that wish to make use of resources in the […]

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US Again Patrols Near Chinese Survey Ship In South China Sea

Sandra Loyd

An American Navy combat ship today carried out “routine operations” near a Chinese geological survey ship in the South China Sea, U.S. authorities stated, after the Chinese vessel in June went into a location where Vietnam has actually revealed interest in checking out for oil. The maneuvers in waters around the Spratly Islands echoed occasions […]

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