Free Republic

Taipei, Sept 03: Taiwan called on Wednesday for expansion in cooperation on oil exploration and development with China amid warming ties between the two rivals. The CPC Corp, Taiwan, the island's state-run oil refiner, said it has proposed to work with China's CNOOC Ltd to explore possible oil reserves in the East China Sea. "We have expressed the willingness to CNOOC to work together in the East China Sea," CPC Vice President Chu Shao-hua told media. "CPC is waiting for CNOOC's response, hoping both sides will kick off talks on the proposal," he said. CPC and CNOOC set up a...