Russia delivers first LNG shipment to Vietnam amid sanctions
Amid ongoing international sanctions, Russia has expanded its economic outreach to Asia with its first-ever shipment of liquefied natural gas (LNG) to Vietnam.
Fire on offshore oil platform at Vietnam’s first decommissioning project
Vietnamese officials confirmed that there was a devastating fire at the Song Doc offshore oil platform on Wednesday. The platform is the country’s first decommissioning project.
Russia offers to provide LNG, crude oil to Vietnam
Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the two countries said on Wednesday.
Vietnam says Saudi Aramco wants to invest in oil refining, petrol distribution
Oil giant Saudi Aramco wants to invest in the oil refinery sector and petroleum distribution in Vietnam, the Southeast Asian country’s government said in a statement issued late on Tuesday.
World’s largest oil firm Saudi Aramco eyes refinery investment in Vietnam
State-owned Saudi Aramco, the world’s most valuable petroleum and gas company, has expressed interest in investing in Vietnam, including building oil refineries.
Mystery oil spill hits central Vietnam coast
Oil has been washing up along 500 m of coastline in central Vietnam’s Ha Tinh Province.
PetroVietnam reports 2 new oil, gas discoveries to prime minister
Vietnamese state energy group PetroVietnam (PVN) on Monday reported its achievements in 2023, including two new oil and gas discoveries, to Prime Minister Pham Minh Chinh.
Saudi Arabian firm seeks to set up refinery in Vietnam
Saudi Arabia’s state-owned oil and gas company Aramco is looking for opportunities to build a refinery in Vietnam.
Energy among key pillars of Vietnam – Russia cooperative relations
Vietnam and Russia have signed two important agreements in the field of geological exploration, and oil and gas exploitation.
Vietnam sees no gas from Exxon, Gazprom projects for years
Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia’s Gazprom will be producing gas, according to a draft government document seen by Reuters.
Vietnam’s largest refinery begins shutting down for maintenance
Vietnam’s largest oil refinery has shut down some of its units, beginning a 55-day total shutdown for major maintenance, a company source said on Wednesday.
Vietnam’s top oil refinery to avert shutdown as cash flow improves
Project led by Japan’s Idemitsu expected to make November debt payment
Vietnam sends ship to track Chinese vessel patrolling Russian gas field in EEZ
A Vietnamese ship monitored a Chinese Coast Guard vessel on Saturday in a Russian-operated gas field in Vietnam’s South China Sea exclusive economic zone (EEZ), data show – the latest Chinese patrol in a pattern stretching more than a year.
Vietnam to continue facing difficulties securing fuel supplies
Vietnam will continue to face difficulties securing refined petroleum products, its industry and trade minister said on Saturday, as authorities scramble to avert a fuel supply crunch.
Fuel shortage upends daily life in HCMC
Mauritz Pretorius has to go to several gas stations before he can fill his motorbike with VND50,000 ($2) worth of fuel since it has become scarce.
Vietnam urges fuel traders to release stocks to ease supply crunch concerns
Vietnam on Wednesday called on its largest fuel trading firms to release their stocks amid concerns about a fuel supply crunch.
121 HCMC gas stations run out of fuel
121 gas stations in HCMC, or 20% of the city’s fuel retailers, were without fuel Monday because wholesalers couldn’t replenish their inventory on time.
Ministry refuses to lift special consumption tax on gasoline
The Ministry of Finance refused a proposal to exempt special consumption tax on gasoline given the country’s tax rate is at a low level compared to many other countries.
Vietnam plans to cut MFN tariff on gasoline to fight inflation
Vietnam plans to cut its Most Favoured Nation (MFN) tariff on gasoline to 12% from 20% to help ease inflationary pressure, the government said on Thursday.
Vietnam to increase national fuel reserves
The Ministry of Industry and Trade has put forward a proposal to increase the country’s fuel reserve by as much as four times, said Lê Việt Nga, deputy head of the ministry’s domestic market department, during a conference last week…
Vietnam considering fuel tax cuts amid inflation pressure
Vietnam is considering cutting taxes on fuel to help ease prices at all-time highs, but inflation remains under control and helped by domestic food production, its finance minister said on Wednesday.
Vietnamese man extradited to Germany over oil executive kidnapping
Fugitive Vietnamese state company official Trinh Xuan Thanh was abducted from Berlin park in July 2017
Vietnam plans to build third oil refinery
Vietnam is seeking to build its third oil refinery to meet domestic consumption demand as the country is facing a supply shortage and soaring energy prices, the deputy prime minister told a parliament meeting in the capital.
Vietnam oil industry braces for impact of Russia-Ukraine conflict
Surging crude oil prices may benefit the Vietnamese oil industry, but its exploration and exploitation activities are likely to be hit by the geopolitical situation.
Ukraine-Russia conflict could impact Vietnam oil drilling
PetroVietnam has cautioned that the disruptions to international trade caused by Russia’s invasion of Ukraine could impact its operations.
Vietnam refinery fails to tap oil boom over boardroom discord
Vietnam’s leading refinery appears to have missed out on a golden opportunity, slashing output during a global oil rally because of a lack of coordination among the project’s stakeholders.