PVEP completes business targets for year
December 26, 2023 | 17:33
Petroleum Exploration and Production Corporation has hit its annual targets despite difficulties.
Nghi Son Refinery and Petrochemical on schedule
September 22, 2023 | 12:05
Nghi Son Refinery and Petrochemical LLC has successfully reached 70 per cent of its planned turnaround progress as of September 18.
Upstream oil businesses profit from higher rents and limited supplies
August 24, 2023 | 11:14
Given the tightening of crude supplies in the global market, the oil and gas drilling segment is in high demand, boosting the business prospects of upstream service providers.
Vietnam to invest $11.25 billion in oil and gas infrastructure by 2030
July 21, 2023 | 10:21
Vietnam plans to allocate approximately $11.25 billion towards the development of its oil and gas supply and storage infrastructure by 2030.
Vietnamese, Malaysian oil and gas service companies enter joint venture
May 12, 2023 | 15:00
Vietnamese offshore support vessel service provider Hai Duong Petroleum and Marine Corporation (Haduco) and Malaysia’s oil and gas marine service provider RMS Synergy Sdn Bhd (RMS) on May 11 signed a cooperation deal in Kuala Lumpur to form a joint venture between the two companies.
Price management tweaks urged for petrol retailers
March 09, 2023 | 10:21
Petrol retailers and industry insiders are calling for a change in the state management of fuel to ensure businesses can stay afloat.
Capital roadblocks hindering nation’s oil and gas prospects
December 29, 2022 | 11:09
As the Vietnamese market continues to wait for large oil and gas projects to launch, the focus lies on small-scale ventures and innovative investment attraction schemes to profit from the world’s high oil prices.
Growth ahead for oil and gas businesses
December 29, 2022 | 11:00
Oil and gas companies could cash in on the current oil prices that are forecast to remain high in 2023, which is also an important factor promoting increased investment in the sector.
Funds required for Vietnam’s petroleum reserves
December 29, 2022 | 09:00
Vietnam’s plan to raise its crude oil reserves to 2.2 million tonnes by 2025 will be an uphill task, even though the country’s production output is currently reaching 340,000 barrels per day.
Vietnam acts to ensure stability of oil in face of global squeeze
October 14, 2022 | 07:00
Vietnam will ensure the stability of its fuel supplies in all circumstances in a bid to ensure the smooth operations of the domestic market.
Oil jumps but dollar bruised on US data
October 10, 2022 | 14:50
Oil prices jumped Monday on expectations of an OPEC output cut, while weak US data sent stocks higher amid rising hopes central banks may be able to ease off interest rate hikes.
Volatility forces balancing act for Vietnam’s petrol market
September 22, 2022 | 11:00
Amid the continuously fluctuating prices for oil and gasoline, Vietnam is injecting millions of US dollars into the import of these commodities while inadequacies in the domestic market have not yet been resolved.
Understanding global oil and gas sector management
September 22, 2022 | 08:00
Decree No.95/2021/ND-CP on petroleum trading officially took effect at the beginning of the year and was expected to strengthen the market.
Balancing the effects of global oil price fluctuations
September 14, 2022 | 10:00
Global oil prices are predicted to bounce back at the year-end, despite continued geopolitical tensions. Luong Van Khoi, vice president of the National Centre for Socio-economic Information and Forecast, spoke with VIR’s Nguyen Huong about how Vietnam’s socioeconomic development could be affected.
Economists petrol stabilisation fund to be scrapped
September 13, 2022 | 16:46
Economists and industry experts have voiced concerns over the petrol stabilisation fund continuing as a tool to keep prices down, deeming it too ineffective to make a real difference.
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