December 06, 2022 | 09:35
The Ministry of Industry and Trade (MoIT) is making efforts to ensure the supply sources of petroleum products in the domestic market.
November 03, 2022 | 09:00
Amid the current fluctuations of fuel prices, it is time to let businesses take care of price structuring themselves, while the state continues to monitor the market.
April 11, 2021 | 21:37
The Ministry of Industry and Trade (MoIT) has proposed a 35 percent cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.
July 20, 2020 | 21:34
Once the proposal of the Ministry of Industry and Trade (MoIT) is approved, the petrol and oil trading scene may see more foreign players.
September 19, 2019 | 11:51
Both gold and oil have been soaring since the attack on the Saudi Arabian oil field, with North Sea Brent Crude recording the strongest increase in 30 years.
May 21, 2019 | 13:37
E5 RON92 petrol has performed rather poorly during the two years since its launch, despite the government’s efforts to narrow the price gap with RON95.
March 23, 2019 | 15:40
Gulf Energy Development proposed to invest $7.8 billion in the Ca Na LNG project in Ninh Thuan province for the second time, showing its determination.
February 27, 2019 | 14:51
Strong demand for cleaner-burning fuel in Asia continued to drive the rapid growth in LNG use in 2018. Shell expects demand to reach 384 million tonnes in 2020.
December 12, 2018 | 10:04
Nghi Son Petrochemical Refinery officially came into commercial operation on November 14, after more than four years of construction.
December 10, 2018 | 21:07
In the first 11 months of 2018, PetroVietnam surpassed business targets, including profit, revenue as well as oil and gas production.
December 08, 2018 | 15:21
Shell expressed interest in becoming the LNG supplier of several PetroVietnam projects to reach deeper in the local market.
November 26, 2018 | 09:41
Petrolimex has expressed its intention to return to South Van Phong oil refinery with a new project, only a short while after expressing intention to quit.
November 21, 2018 | 09:24
Rising trade fraud in Vietnam’s LPG market has been the dominant reason behind the shrinkage and withdrawal of a series of gas suppliers.
November 12, 2018 | 16:28
PetroVietnam outperformed its targets for October and the first 10 months of the year alike, setting itself on track for rosy full-year results.
October 04, 2018 | 21:51
Dung Quat Bio-Ethanol Fuel factory will resume operations in mid-October, contributing to increasing E5 fuel supply and decreasing retail prices.