Indonesia discovers new gas fields, eases reliance on imported energy

Indonesia discovers new gas fields, eases reliance on imported energy

Djoko Siswanto, head of SKK Migas, revealed that the two fields are located offshore in the Northwest of Java and are expected to commence operations by the end of this year. With a daily production capacity of 200 tonnes at the Jambi Merang field and 180 tonnes at the ONWJ field, these are set to enhance Indonesia's energy security and reduce its reliance on imported energy sources.
RoK's firm penetrates LPG market in Vietnam​

RoK's firm penetrates LPG market in Vietnam​

E1, an importer and distributor of liquefied petroleum gas (LPG) under the Republic of Korea’s LS Group.
Hyosung Vina Chemical launches $1.3 billion PP plant and LPG storage cavern

Hyosung Vina Chemical launches $1.3 billion PP plant and LPG storage cavern

The PP production plant and underground LPG storage cavern invested by Hyosung Vina Chemicals Co., Ltd. will decrease the dependence on imported materials.
PV GAS honoured among businesses with best business performance in 2021

PV GAS honoured among businesses with best business performance in 2021

PV Gas has made it into the Top 20 most profitable businesses in Vietnam in 2021 and secured a high ranking in the tally for the fifth consecutive year.
Oil and gas firms suffer drop in Q3 profit due to COVID-19 impacts

Oil and gas firms suffer drop in Q3 profit due to COVID-19 impacts

Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.
Hyosung Group gets nod for $1.2 billion complex in Vietnam

Hyosung Group gets nod for $1.2 billion complex in Vietnam

South Korea’s Hyosung Group has solidified its presence in Vietnam after receiving the investment certificate to build a $1.2 billion complex in Ba Ria-Vung Tau.