A Chinese coast guard vessel (L) sails near China's oil drilling rig in disputed waters in the South China Sea, 14 May 2014. AFP/Hoang Dinh Nam Report 275 / Asia 26 January 2016 Stirring up the South China Sea (IV): Oil in Troubled Waters The race for hydrocarbon reserves in the South China Sea is aggravating conflicting territorial claims. The regional players need cooperation, yet have increasingly open confrontations at sea. For peaceful joint energy development, all parties need to stop acting unilaterally and do more to understand the others’ goals and limitations. Share Facebook Twitter Email Linkedin Whatsapp Save Print Download PDF Full Report Also available in 简体ä¸ć–‡ 简体ä¸ć–‡ English