09-05-2024 14:25
AG&P LNG, a subsidiary of Nebula Energy, along with its partner, Hai Linh Co., Ltd., a prominent petroleum product import terminal and trader, have announced the start of the commissioning of Cai Mep LNG Terminal.
25-03-2024 16:52
The southern province of Tra Vinh has approved an investment worth 576 billion VND (23.26 million USD) to develop a petroleum storage terminal project by the Tra Vinh Petrochemical and Energy Joint Stock Company.
29-02-2024 16:29
Australia’s Acuity Funding has agreed to lend $720 million to Nam Song Hau Trading Investing Petroleum JSC (NSH Petro) to implement eight projects.
21-02-2024 11:24
E1, an importer and distributor of liquefied petroleum gas (LPG) under the Republic of Korea’s LS Group. Announced on February 21 that it has signed a joint contract with Venus Gas, the largest LPG importer in northern Vietnam, to build an LPG terminal in Bac Tien Phong industrial complex in Vietnam's northern coastal province of Quang Ninh.
23-01-2024 13:38
On January 22, Acuity Funding signed a letter of intent with Nam Song Hau Trading Investing Petroleum JSC (NSH Petro) to provide a $650 million loan for petroleum development.
19-01-2024 12:02
Hanoi is taking steps to complete the “greening up” of local bus services 15 years ahead of the roadmap designed by the Government, which aims to convert buses from using petrol to green energy (electric or CNG) in Hanoi by 2050, according to Vice Chairman of the Hanoi municipal People’s Committee Nguyen Manh Quyen.
18-01-2024 11:45
Vietnam has placed priority on ensuring a robust supply of petrol in 2024 to avoid any fuel shortages amid market fluctuations.
26-12-2023 17:33
Petroleum Exploration and Production Corporation (PVEP) overcame difficulties and the fluctuation of the market to achieve its business targets for the whole year.
30-11-2023 16:33
While the Vietnamese government has yet to decide on the reduction of the environmental protection tax on petrol, concerns have been raised regarding petrol imports, as local refineries already face losses due to impending machinery shutdowns, such as at Dung Quat Refinery.
26-11-2023 07:00
The Japanese petroleum company Idemitsu Kosan has established Idemitsu Vietnam Co., Ltd. to consolidate its business activities in the country.
01-11-2023 19:39
US-based engineering and construction giant McDermott, as part of a consortium with Petrovietnam Technical Services Corporation (PTSC) has received a limited letter of award from Phu Quoc Petroleum Operating Company for its Block B gas-to-power project.
11-10-2023 17:00
Nghi Son Refinery and Petrochemical LLC today announced that the refinery is resuming its normal operations and will deliver petroleum products to the market from October 12, seven days ahead of schedule.
08-09-2023 17:38
Be Group signed a cooperation agreement on September 8 with VinFast and Cake by VPBank to encourage its drivers to switch from petrol to electric vehicles (EVs), meaning thousands of Be drivers will benefit from VinFast's support policies and have access to financial solutions from Cake the digital bank.
31-08-2023 13:04
PG Bank has seen a significant shift in its ownership as three institutional investors jointly acquired a 40 per cent stake, following the State Bank of Vietnam's approval.
27-08-2023 16:36
Global companies are interested in switching from coal to liquefied petroleum gas (LNG) for local thermal power plants in Vietnam.