March 31, 2023 | 17:49
Most of the $11.5 billion required to build the petroleum reserve infrastructure system by 2030 will come from outside the federal budget.
March 15, 2023 | 12:15
The petitions concern the petroleum business restrictions in decrees No.83/2014/ND-CP and No.95/2021/NQ-CP, resulting in losses for retail establishments.
January 30, 2023 | 18:36
Fluctuations in the global petroleum market in 2022 have forced Vietnam to strongly import petroleum to meet the domestic demand.
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.
November 11, 2022 | 16:45
Vietnam wants to introduce mechanisms and policies to attract more investment in oil exploration and production activities on the back of the amended Law on Petroleum, with experts, businesses, and legislators pointing out several core issues.
November 03, 2022 | 11:00
The National Assembly Economic Committee last week asked the government to come up with timely responses to the petroleum supply issue, as fluctuations in the domestic market during the last month showed that problems in reserves and supply have not been completely resolved.
October 20, 2022 | 16:52
Binh Son Refining and Petrochemical JSC is operating Dung Quat Oil Refinery at 109 per cent of the refinery’s design capacity.
October 14, 2022 | 19:02
On October 13, the Government Inspectorate of Vietnam established a delegation to inspect 15 key petroleum and gasoline trading facilities and two oil refineries
February 28, 2022 | 11:35
Increasing petroleum imports and raising related taxes is deemed an effective solution to offset the shortfall in domestic output.
July 10, 2021 | 11:57
Despite the adverse implications of COVID-19, state-owned oil and gas group PetroVietnam has outperformed almost all business targets set for the first half.
June 07, 2021 | 16:25
Malaysian company Hibiscus Petroleum Bhd announced that its subsidiary had inked a deal with a Spanish energy company to acquire upstream assets in Vietnam.
April 21, 2020 | 19:35
Pressed by COVID-19 and the oil price war between Russia and the OPEC, local petroleum manufacturers expect great plunges in revenue.
November 23, 2018 | 09:00
Vietnam’s largest oil producer and its subsidiaries recorded robust growth in the first 10 months of 2018, and hopes to sustain momentum through revisions to the legal framework on oil and gas, especially the Law on Petroleum.
August 27, 2018 | 09:25
Amid positive fundaments in the second half, listed petroleum firms are looking at dissimilar prospects depending on their specific fields of operations.
February 26, 2013 | 11:38
A flagship $3.1 billion oil refinery in central Vietnam has been green lighted to double its scale.