Vietnam moves into gear to ensure petroleum supply
January 18, 2024 | 11:45
Vietnam has placed priority on ensuring a robust supply of petrol in 2024 to avoid any fuel shortages amid market fluctuations.
Vietnam to expand petroleum stockpiles to 75-80 days of net imports
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.
Over 250 petitions submitted to authorities on fragility of petroleum regulations
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.
Ministry of Industry and Trade aims to stabilise petrol market
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.
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.
Amendments to Law on Petroleum can go some way to help attract funds
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.
Situation still acute in efforts to manage petrol supply
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.
Dung Quat Refinery exceeds design capacity to meet demand
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.
Inspections planned at petroleum distributors and refineries
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
Vietnam to import additional petroleum and adjust tax
February 28, 2022 | 11:35
Increasing petroleum imports and raising related taxes is deemed an effective solution to offset the shortfall in domestic output.
PetroVietnam: a bright spot in Vietnam’s first-half development picture
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.
Malaysia's Hibiscus Petroleum Berhad makes its foray into Vietnam
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.
Local petroleum firms forecast plunging revenue in 2020
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.
Petroleum giant seeks further gains
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.
Diverging outcomes anticipated among listed petroleum firms
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.
1 2
Mobile Version