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Tag - oil and gas company

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lundi 27 octobre 2014

India likely to strike deal with Vietnam for oil exploration

NEW DELHI: Looking to deepen its economic ties with Vietnam, India is likely to strike a deal for exploration and production of oil and gas during the visit of South East Asian nation's Prime Miniter Nguyen Tan Dung on October 27.

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jeudi 9 octobre 2014

Vietnam’s largest gas deposit discovered off central coast

Vietnam Oil and Gas Group (PetroVietnam) has discovered a major gas deposit off the country's central coast, the company's chairman said Wednesday.

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mercredi 3 septembre 2014

Thailand's PTT plans $20 bln Vietnam refinery, petrochemical complex

Top Thai energy firm PTT Pcl said it would make a proposal to the Vietnamese government to build a $20 billion refinery and petrochemical complex, revised down from an earlier project discussed two years ago.

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jeudi 21 août 2014

Eye on Dragon, Vietnam renews lease of Indian oil blocks in South China Sea

NEW DELHI - Vietnam has renewed India's lease of two oil blocks in the South China Sea for another year, on the eve of foreign minister Sushma Swaraj's first visit to Hanoi next week. The move reaffirms India's position as a continuing commercial stakeholder in a region where territorial disputes between southeast Asian nations and China have flared up recently.

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lundi 24 février 2014

Vietnam gasoline prices see first hike of the year

The domestic prices of gasoline were increased by VND300 per liter on Friday after authorities approved the move, saying the hike was necessary following global price fluctuations.

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lundi 20 janvier 2014

Vietnam's 2013 oil product imports fall for second year on higher domestic output

Vietnam's imports of oil products trended lower for the second consecutive year in 2013 amid increased domestic production and continued economic weakness, an analyst from the Vietnam Petroleum Institute said Friday.

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dimanche 1 décembre 2013

Vietnam sees oil output in 340,000 barrel range for ‘few years’

Vietnam is likely to maintain its current oil production level of about 340,000 barrels per day “for the next few years,” according to an official from state-owned Vietnam Oil & Gas Group.

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mercredi 20 novembre 2013

Vietnam offers India seven oil blocks for offshore exploration

NEW DELHI - India has been offered seven oil blocks for offshore exploration on the South China Sea by Vietnam, a move that could pit New Delhi's commercial interests against China's territorial interests in the sea.

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lundi 18 novembre 2013

Vietnam’s leader to visit India to promote ties

Allocation of oil blocks in Phu Khanh basin of South China Sea could get a quiet burial

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mardi 12 novembre 2013

Russia's Gazprom, Rosneft sign Vietnam energy deals on Putin visit

HANOI - Russian firms Rosneft and Gazprom signed a raft of deals with state energy firm Petrovietnam on Tuesday covering fuel supplies, joint exploration and shared investments in Vietnam's $3 billion Dung Quat refinery.

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vendredi 6 septembre 2013

Vietnam hikes fines for illegal oil and gas activities

Vietnam has increased the fines for foreign entities illegally exploring or drilling for oil or gas in its waters by several times.

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jeudi 11 juillet 2013

India has right to explore oil in Vietnam EEZ in South China Sea

New Delhi - Notwithstanding China's objections to Indian oil exploration projects, Vietnam today asserted India has the right to pursue "exploration and exploitation work" in South China Sea as they were within Vietnamese "exclusive economic zone".

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dimanche 23 juin 2013

Vietnam, China to extend oil project

HANOI—Vietnam and China have extended an agreement to jointly explore for oil and gas in the Gulf of Tonkin until 2016 and significantly expanded the area involved despite tensions between the two countries over large areas of the South China Sea they both claim.

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samedi 6 avril 2013

Vietnam to push ahead with offshore exploration

HANOI — State-owned Vietnam Oil & Gas Group, or PetroVietnam, plans to keep buying foreign oil-and-gas assets and hopes to be producing close to 100,000 barrels a day of oil overseas by 2020, four times the volume expected this year, the company's chief executive said.

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dimanche 31 mars 2013

Gas hydrate and Vietnam’s choice

Vietnam has intensified the research on gas hydrate on its waters and continental shelf, a step in its strategy to explore the reserves and choose the technologies for the exploitation of the new type of energy for its socio-economic development and its rights protection in the East Sea.

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vendredi 7 décembre 2012

China tells Vietnam to halt oil exploration in disputed waters

BEIJING - China told Vietnam on Thursday to stop unilateral oil exploration in disputed areas of the South China Sea and not harass Chinese fishing boats, raising tensions in a protracted maritime territorial dispute with its neighbour.

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Vietnam Airlines petrol firm prosecuted for fraud

Vietnam Air Petrol Company (Vinapco), a subsidiary of Vietnam Airlines, has been prosecuted for smuggling and tax evasion worth billions of dong.

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lundi 3 décembre 2012

Vietnam state oil company says Chinese boats cut cables being laid by seismic survey vessel

HANO — Vietnam’s state-owned oil and gas company accused Chinese fishing boats on Monday of sabotaging one of its seismic survey ships in the South China Sea, adding to already high tensions over Beijing’s disputed territorial claims in the waters.

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samedi 15 septembre 2012

Vietnam aims to restructure petro company

HANOI—Vietnam will force state-owned PetroVietnam Oil & Gas to shed money-losing, noncore operations including banking and construction, a major attempt to restructure a sprawling company that has funded a quarter of the government's budget in recent years.

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mercredi 11 avril 2012

Gazprom expands in Vietnam after gaining two offshore blocks

OAO Gazprom, the world's biggest natural-gas producer, plans to develop two blocks with Vietnam Oil & Gas Group off the coast of the Asian nation.

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lundi 19 mars 2012

Vietnam protests Cnooc's plans in disputed South China Sea

Vietnam is protesting plans by a Chinese oil company to take bids on developing energy deposits in the contested South China Sea, in a fresh sign that territorial disputes in the region may rise as Beijing, Hanoi and other regional claimants push ahead with development plans.

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mercredi 7 mars 2012

Vietnam raises oil product prices after inflation eases

Vietnam on Wednesday raised retail prices of oil products by between 3 percent and 12 percent, in line with a recent rise in global oil prices and to discourage smugglers, the Finance Ministry said.

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lundi 2 janvier 2012

Vietnam imposes tariff on petrol imports

The Ministry of Finance has decided to impose a 4 percent tariff on imported petrol products after maintaining a zero tariff for 11 months to stabilize prices.

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samedi 31 décembre 2011

Suspected fuel passes inspection, Vietnam vehicular fires remain unsolved

Tests on gasoline samples suspected of being related to recent vehicular fires in Vietnam revealed no excessive additives which might have caused the blazes, Tuoi Tre reported Saturday.

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dimanche 27 novembre 2011

PetroVietnam, Gazprom mull new upstream projects in Vietnam, Russia

Russia's state-owned gas giant Gazprom and PetroVietnam are looking into further upstream cooperation in Vietnam, Russia and other countries, Gazprom said in a statement late Thursday.

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mardi 25 octobre 2011

French Pavilion on Oil&Gas Vietnam 2011

A delegation of 15 French companies is present in Hanoi from October 25-29 to take part in the “French Pavilion” organised by UBIFRANCE Vietnam during the Oil and Gas Exhibition.

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dimanche 16 octobre 2011

Vietnam cuts diesel, kerosene prices amid surging inflation

Vietnam cut diesel and kerosene prices by as much as 1.9 percent as it strives to tame Asia's fastest inflation.

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dimanche 9 octobre 2011

India welcome to explore oil and gas in Vietnam

HANOI: Unfazed by Chinese threats, Vietnam President Truong Tan Sang today said India and other foreign nations were welcome to explore hydrocarbons in areas within his country's jurisdiction, as he sought to deepen strategic and defence ties with New Delhi.

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jeudi 29 septembre 2011

Will fuel prices decline in Vietnam ?

Vietnamese consumers and fuel dealers are anticipating a retail price cut and a commission hike since global oil prices are declining.

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lundi 19 septembre 2011

Undeterred India to hunt for oil in South China Sea

NEW DELHI: Brushing aside China's warning on Thursday asking countries "outside the region" to stay away from the South China Sea, foreign minister SM Krishna told his Vietnam counterpart Pham Binh Minh that India's ONGC Videsh will go ahead with oil and gas exploration in the disputed region or the two offshore blocks which Vietnam claims as its own.

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