Japex will conduct a feasibility study for development of crude oil offshore southern Philippines. Under an agreement between Japex and the Philippine government, the two parties will conduct the study on the area between Cebu and Negros islands. The study has a price tag of approximately $270,000. The parties will sign a contract on the project in May, according to a Japex official. Japex will have an option to shift to an exploration and production contract if the development is deemed feasible. Under the exploration contract with the Philippine Department of Energy, a block operator is committed to drilling three wells in the initial two-year exploration period. The operator will have a maximum of 10 years to explore for hydrocarbons in the block and a 40-year period for production and development.
If one assumes that the two people who gave the interview indeed work for Russian special services, then they acted very unprofessionally and risky
The Kremlin is very concerned about the events related to the crash of the Il-20 Russian military aircraft in Syria
Representatives of the Russian Defence Ministry said that the missile that shot down the passenger Boeing 777 aircraft over the Donbass on July 17, 2014, was manufactured in 1986