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Economy

Hurray, The Philippines Now Produces More Oil!

Hurray, The Philippines Now Produces More Oil!

With oil prices flying as if it’s on jet fuel, the oil importing country Philippines finally has a real reason to rejoice. The government announced the country’s first oil extraction at the Galoc oilfield, which is approximately 60 kilometers northwest of the Palawan islands. The facility is expected to yield about 17,000 ~ 20,000 barrels […]

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