Commentary » Blog Archive » China Claims the Seas
Commentary » Blog Archive » China Claims the Seas Beijing has been issuing threats to ExxonMobil, demanding that the U.S. firm terminate its exploration deal with state oil company PetroVietnam. The two energy companies plan to look for oil in the South China Sea in an area Vietnam claims. Hanoi’s position is based on the fact that the area is on its continental shelf and within its exclusive economic zone.
