24/08/2015

A US$1.8 billion project to expand Dung Quat, Vietnam’s only oil refinery, is expected to start by the first quarter of 2016, its operator has said. Vietnam News Agency on Thursday quoted Dinh Van Ngoc, general director of Binh Son Refining an..

24/08/2015

The oil flow is from the 433a and 416b lots of Bir Sebaar (BRS) oil exploration project, jointly run by PVEP in a venture with Algeria’s SONATRACH and Thailand’s PTTEP. The Vietnamese firm holds a 40 percent stake in the consortium..

24/08/2015

Vietnam's national gas and oil group, better known as PetroVietnam, has recently forecast a "serious" funding shortfall of about VND70 trillion (US$3.16 billion) to develop government-approved projects over the next five years, news website VnEconomy..

24/08/2015

The retail prices of 92-octane (92 RON) petrol, and E5 bio-fuel were cut by VND768 (USD0.035) per litre from 3pm today (August 19) according to the Ministry of Industry and Trade (MoIT). The prices of 92 RON, the most popular grade of petrol in Vi..

24/08/2015

VGP – Viet Nam and the Republic of Dagestan agreed to exploit oil in the Caspian Sea, announced Dagestan’s Government Office on August 18. Dagestan’s PM Abdusadam Gamidov yesterday welcomed representatives of the Viet Nam Oil and..

10/08/2015

Offshore staff LONDON – Production from the Te Giac Trang field offshore southern Vietnam has been averaging 33,600 boe/d. This is below expectations, according to partner SOCO International, and caused partly by drilling delays. Output m..

10/08/2015

Offshore staff NORTH SYDNEY, Australia – PanPacific Petroleum has issued an update on development planning for block 07/03 offshore Vietnam. Operator Repsol (Talisman) should finalize plans for the CRD oil and gas discovery in either late..

10/08/2015

An atmospheric distillation unit, a key component for oil refineries, arrives at Vietnam's Nghi Son Port. NGHI SON, Vietnam -- Idemitsu Kosan is part of a joint venture constructing a massive oil refinery in Vietnam. For the Japanese partner, bui..

10/08/2015

Vietnam produced an estimated 1.45 million tonnes, or 343,000 barrels per day (bpd), of crude oil in July, up 14.4 per cent from the same month last year, the government said on Wednesday. The actual output last month was revised up at 1.47 millio..

10/08/2015

Retail petrol prices were revised down 816 VND per litre as of 3 pm on August 4, marking the 13 th price adjustment this year. According to the Ministries of Industry & Trade and Finance, RON 92 petrol will cost no more than 19.304 VND per litre a..

20/07/2015

Vietnam has revised up its crude oil output target for 2015 amid concerns that a production shortfall will slash economic growth, but the potential to lift output may be limited given the country's aging oil fields and low global oil prices. The c..

08/07/2015

Gasoline, diesel, kerosene and mazut prices slightly reduced yesterday, announced the Ministry of Industry and Trade and the Ministry of Finance. Ron 92 and ethanol gasoline E5 prices slid by VND331 to VND20,380 and VND20,050 a liter. Diesel a..

08/07/2015

Despite climbing production indexes, the national oil and gas group PetroVietnam saw its half-year revenue reduce by 8 percent annually due to dropping oil prices. The group’s Vice Director Do Chi Thanh unveiled the information at an onlin..

08/07/2015

Binh Son Refining and Petrochemical Company Limited (BSR) has started negotiating with wholesalers over Dung Quat Refinery's fuel products in the second half of this year. The negotiations are held amid high inventory. Dinh Van Ngoc, director o..

06/07/2015

With this transaction, Total will own 100 per cent of Totalgaz Viet Nam, a part of its commitment in investing in the country for the long term. — Photo dddn HCM CITY (Biz Hub) — Oil and gas company Tota..

15/06/2015

6/8/2015 VANCOUVER, British Columbia -- Mitra Energy, through its subsidiary operating company Mitra Energy (Vietnam Phu Khanh), commenced 3D seismic survey acquisition operations in the Block 127 PSC area, offshore Vietnam. CG..

15/06/2015

HANOI, 17 hours, 21 minutes ago PetroVietnam Fertilizer and Chemicals Corporation, a subsidiary of PetroVietnam group, said it has awarded a $237 million expansion contract to a consortium including Technip and Thyssenkrupp Industrial Solution..

08/06/2015

VOV News English (VOV) - PetroVietnam Gas Joint Stock Corporation (ticker GAS), engaged in the oil and gas refining and marketing industry, was ranked number one on Forbes top 50 Vietnamese companies list. Facebook Twitter 0 vote(s) Comment Save ..

04/06/2015

English.news.cn   2015-06-01 17:24:16          [More] HANOI, June 1 (Xinhua) -- In the first five months of 2015, Vietnam saw a sharp year-on-year decrease in exports of crude oil, according to the..

29/05/2015

  May 27 Petrolimex, Vietnam's largest oil product importer and distributor, is seeking to sell a stake of between 15 and 25 percent to Japan's JX Nippon Oil & Energy Corp , a Petrolimex executive was quoted on Wednesday as sayi..

25/05/2015

(Recasts to add imports tariff cut from ministries) By Mai Nguyen May 20 (Reuters) - Vietnam raised retail petrol prices on Wednesday to match global oil prices but cut import tariffs on some oil products in an effort to trim prices and support..

25/05/2015

Earlier in May 2015, the Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors. Hyd..

25/05/2015

Baku – APA. “We had very productive conversation with the President Ilham Aliyev today. We share same opinion with Mr. President that Azerbaijan and Vietnam have great potentials. This allow us to expand our cooperation, relations”,..

25/05/2015

Azerbaijani President Ilham Aliyev gave an interview to the Vietnam News Agency (VNA), prior to the official visit of Vietnamese President Truong Tan Sang to Azerbaijan. In particular, President Aliyev said that Vietnam and Azerbaijan have great coo..

25/05/2015

HANOI, May 13 (Bernama) -- Azerbaijani President Ilham Aliyev said Vietnam and Azerbaijan have great potential to cooperate in the oil and gas sector, Vietnam News Agency (VNA) reported. Aliyev said in an interview with VNA ahead of Vietnam's Pres..

12/05/2015

Published: May 7, 2015 at 6:26 AM Daniel J. Graeber MOSCOW, May 7 (UPI) --MOSCOW, May 7 (UPI) -- Russian energy company Gazprom said it was planning to work alongside its Vietnamese peers in drilling the latter's first-ever deepwater exploration ..

11/05/2015

PTI A view of a Chinese oil rig in the South China Sea. China claims sovereignty over almost all of the SCS, which is hotly contested by the Philippines, Vietnam, Malaysia, Brunei and Taiwan. AP A view of a Chinese oil rig in the South China Sea. ..

11/05/2015

* Tax-breaks make diesel imports from ASEAN members cheaper * Vietnam-ASEAN trade deal came into effect this year * Singapore shipped over 715,000 tonnes diesel Jan-April * Vietnam order boom pushes up Singapore's diesel premiums By Jessi..

11/05/2015

All India | Reported by Sheikh Zaffar Iqbal, Edited by Anindita Sanyal | Updated: May 04, 2015 23:39 IST Hanoi:  Days before Prime Minister Narendra Modi's maiden visit to China, Vietnam has accused China of threatening Indian oil companies. ..

11/05/2015

Offshore staff NORTH SYDNEY, Australia – Talisman Energy aims to finalize a development plan by mid-year for the CRD oil and gas discovery in block 07/03 in the Nam Con Son basin offshore southern Vietnam, according to partner PanPacific Pet..

11/05/2015

Thanh Nien News State-owned Petrolimex, Vietnam’s leading fuel importer and distributor, increased the price of 92-octane gasoline by 11 percent to VND19,230 (US$0.96) per liter Tuesday night. It was the biggest-ever hike in the p..

11/05/2015

MOSCOW -- Gazprom and PetroVietnam are to set drill the first deepwater well offshore Vietnam later this year, Moscow-based Gazprom said Wednesday. The companies are planning to spud the exploration well, in Block 129 on Vietnam’s continenta..

09/04/2015

  HANOI, Vietnam, April 6 (UPI) --HANOI, Vietnam, April 6 (UPI) -- As the Asian pivot continues, Russian oil company Gazprom Neft said Monday it signed deals with its counterparts at PetroVietnam. Documents signed in Hanoi in the pres..

08/04/2015

6/4/2015 HANOI--Russia's Gazprom on Monday signed a framework agreement with Vietnam Oil and Gas Group, or PetroVietnam, to buy a 49% stake in the latter's Dung Quat Oil Refinery. The agreement was signed during a visit to Vietnam by Russian..

31/03/2015

VietNam News English Viet Nam recorded a trade deficit of US$1.8 billion in the first three months of this year, accounting for 9 per cent over the total export-import turnover. HA NOI (VNS) — Viet Nam recorded a trade deficit of US$1.8 ..

31/03/2015

VietnamPlus English A ceremony was held on March 26 in Binh Son district, Central Quang Ngai province by the Dung Quat Shipyard Company (DQS) to inaugurate upgraded versions of two oil exploration facilities. The vessels include the floating s..

31/03/2015

VietNam News English Viet Nam's gross domestic product (GDP) edged up 6.03 per cent in the first quarter of this year on the strength of "effective contributions" from mining and manufacturing industries, the General Statistics Office (GSO) annou..

31/03/2015

VOV News English Local petroleum retail prices remain unchanged at VND17,286 (US$0.80) per litre on March 26, while the Government has asked the stabilisation fund to be reduced. Facebook Twitter 0 vote(s) Comment Save this news Higher tax im..

27/03/2015

VietnamPlus English Vietnamese engineers have worked to master advanced oil rig construction technology and have now exported their giant oil platforms. The PetroVietnam Technical Services Corporation Mechanical and Construction (PTSC M&C) is ..

19/03/2015

Libya Government Planning Own Oil Export Program to Weaken Rival (Bloomberg) -- Libya’s internationally-recognized government asked companies buying oil from ports under its control to deal with its administration, a move seen as an effort to ..

18/03/2015

VietamPlus English The Mekong Delta province of Tra Vinh has licensed a project to build a wind power plant with a capacity of 48MW in the first phase. According to Director of the provincial Economic Zones Management Board Le Tan Luc, the pr..

18/03/2015

VietnamNet English VietNamNet Bridge – The dollar price has been appreciating against the Vietnam dong like other currencies but analysts believe the State Bank will not adjust the dong/dollar exchange in the first half of the year. ..

18/03/2015

SaiGon GP English Officials agreed yesterday that they need to do more to ensure commodity prices operate on market mechanisms with greater transparency, even as national utility Electricity of Viet Nam (EVN) was roundly criticised for opacit..

18/03/2015

Read the original news  VietNam News English - 7 hour(s) ago 7 readings 1 duplicate news ANZ Bank upped its annual gross domestic product (GDP) growth rate target for Viet Nam to 6.5 per, for both 2015 and 2016, from 6.2 and 6.4 per ce..

16/03/2015

VietnamPlus English Vietnam reported an upsurge in the State's budget revenue, but saw a strong reduction in budget collections from crude oil products during January and February, the Ministry of Finance said. Vietnam reported an upsurge in t..

16/03/2015

VietNam News English The Viet Nam Oil and Gas Group, or PetroVietnam (PVN), plans to invest VND500 billion (US$2.3 million) in building an oil dump and port system in Phu Quoc Island District in the southern province of Kien Giang. A corner of ..

16/03/2015

VietNam News English At the meeting, Deputy PM Hai said he was glad that both sides had agreed to expand co-operation into areas such as oil and gas, agriculture-forestry-aquaculture and industrial processing. Hai said he believed that Viet Na..

16/03/2015

VietNam News English Ha Long Shipbuilding Company Ltd has begun building a platform supply vessel, PSV 3300, for the Netherlands' Damen Shipyard Group, in the northern coastal Quang Ninh province. The Ha Long Shipbuilding Company Ltd signed a ..

16/03/2015

VOV News English Venezuela, Vietnam seek to address obstacles to oil projects Venezuelan Vice President Elias Jose Jaua Milano has affirmed his country’s commitment to making it easier, in terms of conditions and financial support, for j..

13/03/2015

(Reuters) - The retail petrol price in Vietnam has been raised by 10.3 percent to 17,280 dong ($0.8) per litre, top fuel importer and distributor Petrolimex said on Wednesday. Diesel rose 4.68 percent to 15,880 dong per litre and fuel oil increase..

12/03/2015

Vietnam's ambitious nuclear programme is scaling up rapidly By Ben Hargreaves The government in Vietnam has ambitious targets to see the country's first new reactor generating electricity by the early 2020s – ambitious, because currently ..

12/03/2015

Hanoi (Platts)--11Mar2015/721 am EDT/1121 GMT Vietnam's state-owned Central Bio-fuels in the central province of Quang Ngai produced 16,969 cu m of ethanol in 2014, accounting for 17% of the plant's design capacity, a statement on the website of s..

12/03/2015

Báo Tuổi Trẻ English Seventy-seven percent of Vietnamese drivers do not know how to save fuel even though many see fuel efficiency as important, a new study has shown. Facebook Twitter 0 vote(s) Comment Save this news In the Shell Fuel E..

12/03/2015

VietnamPlus English As many as 359 companies on the Hanoi Stock Exchange, 99.4 percent of the total, have published their financial reports for the last quarter of 2014 before the deadline, the exchange reported. According to the exchange, most..

12/03/2015

VOV News English An environmental tax on petrol and other fuel in Vietnam will rise by 300% after the National Assembly approved a tax hike to offset an expected shortfall in budget revenue. Facebook Twitter 0 vote(s) Comment Save this news R..

12/03/2015

Báo Thanh Niên English The government has gotten the green light to increase fuel’s environment tax rates threefold, expectedly from this May 1, in an attempt to mitigate losses resulted from the upcoming reductions in fuel’..

12/03/2015

Báo Thanh Niên English Just one day after the government was allowed to increase fuel’s environment tax threefold, the retail prices of gasoline and oil were raised by as much as 10.2 percent on Wednesday. It was the first break..

12/03/2015

Báo Dân Trí English The Vietnam National Petroleum Group (Petrolimex), the country’s largest fuel wholesaler, raised the retail price of several fuel varieties as of 15:00 pm on March 11, the second adjustment and the fi..

12/03/2015

VietnamPlus English NA Standing Committee agrees higher fuel eco-tax The fuel industry will see an increase in environmental taxes for most of its products, as heard during the National Assembly (NA) Standing Committee’s 36th session on Mar..

12/03/2015

VietnamPlus English Vietnam, Philippines review cooperation in tackling oil spills The Vietnam Administration of Seas and Islands (VASI) organised a Vietnam-Philippines conference on March 10 in Hanoi to evaluate the implementation of bilateral co..