01/10/2014
Opec oil output hits highest since 2012 on Libya, Saudi LONDON, 1 hours, 46 minutes ago Opec's oil supply jumped to its highest in almost two years in September due to further recovery in Libya and higher output from Saudi Arabia and other Gulf pro..
01/10/2014
HO CHI MINH CITY, Sept. 30 -- Vietnam has unveiled a plan that maps out strategies to develop key industries to improve the country's production and service supply with assistance from Japan, according to local VietnamNet daily on Tuesday. Unde..
01/10/2014
Vietnamese fuel distributors reduced the retail prices of gasoline by around one percent 3 p.m. Tuesday, the sixth consecutive drop in gas prices in two months, following a request by the Ministry of Finance and the Ministry of Industry and Trade...
30/09/2014
Rosneft announces major oil, gas discovery in Arctic Kara Sea Russia’s Rosneft has announced a major oil and gas discovery in the Arctic Kara Sea following drilling of the northernmost well in the world amid concerns that ExxonMobil&rsqu..
29/09/2014
Russian prosecutor aims to return Sistema’s shares in Bashneft to state The office of Russia’s prosecutor general aims to return Sistema’s majority stake in Russian oil producer Bashneft to federal ownership, fuelling market concer..
26/09/2014
Shell may struggle to find buyer for Nigeria Ogoni assets Shell may be selling its licenses in Ogoniland in Rivers State, Nigeria but the oil giant could struggle to offload the assets in a region where it has faced criticism for failure to ad..
25/09/2014
Territorial disputes with China have contributed to a shift in Vietnam's foreign policy. Hanoi is hoping that closer ties with Washington and a boost to its defense forces will deter Beijing, says analyst Gregory Poling. Sino-Vietnames..
25/09/2014
PRAGUE, Sept 24 (Bernama) -- Vietnamese Justice Minister Ha Hung Cuong and Czech counterpart Helena Valkova on Tuesday highlighted the need to restore direct links between the two ministries especially at the ministerial level after a 25-year gap..
25/09/2014
By MATTHEW PENNINGTON Associated Press ..
25/09/2014
By Nguyen Dieu Tu Uyen Sep 25, 2014 8:39 AM GMT+0700 Photographer: Brent Lewin/Bloomberg A worker enters a factory site at the Vietnam-Singapore Industrial Park in Thuan An,... Read More Do Thi Hien points to about two ..
25/09/2014
(Reuters) - Vietnam would welcome an end to the arms embargo clamped on it by the United States, the country's foreign minister said on Wednesday, as he played down the notion that the move would inflame Hanoi's maritime dispute..
25/09/2014
[HANOI] Foreign investors have ploughed an estimated US$8.9 billion in Vietnam-based projects during the first nine months of this year, up 3.2 per cent from a year ago, a government agency said on Thursday. But new investment pledges in th..
25/09/2014
Suncor Looks East to Find Buyers for Western Canada Crude Western Canadian crude is heading across the Atlantic Ocean as Canada’s oil companies seek buyers outside North America. Suncor Energy Inc. (SU), the largest Canadian oil company by m..
24/09/2014
Mexico prepares for Round Zero JVs with foreign operators Mexico’s Energy Ministry (SENER) and its National Hydrocarbons Commission (CNH) are knee-deep in preparations to help state oil company Pemex team up with foreign oil companies in..
24/09/2014
Photograph by Vietnam Coast Guard via EPA A Chinese ship, right, clashes with a Vietnamese vessel near the location where China is stationing an oil drilling platform, on May 5, 2014 It might be time for Viet..
24/09/2014
HANOI--Russia's OAO Gazprom Neft is accelerating talks with Vietnam Oil and Gas Group, or PetroVietnam, to buy a stake in the Dung Quat oil refinery, PetroVietnam said Tuesday. The two companies are aiming to sign a contract on the stake sale by t..
23/09/2014
TN News Indirect subsidies for coal power means clean renewable energy sources cannot compete, experts say Workers repair an electric grid in Hanoi. Although Vietnam may shelve construction of its first nuclear p..
23/09/2014
HANOI: Vietnam is expected to show a $600-million trade deficit in September after a more-than $1 billion surplus recorded in August, a state-run newspaper said on Monday. Exports are estimated to rise 12.3 percent from the same month last year ..
23/09/2014
EBR Staff Writer Vietnam has delayed construction work on its first nuclear power plant, which was initially planned at the end of 2014, Vietnam Industry and Trade Ministry Deputy Minister Cao Quoc Hung said. Thanh Nien Daily cited..
23/09/2014
OPEC Output-Target Cut Not Agreed Yet, U.A.E. Oil Minister Says By Maher Chmaytelli Sep 23, 2014 1:32 PM GMT+0700 OPEC nations have yet to decide to cut their collective oil-production target, the United Arab Emirates’ energy minister said, d..
22/09/2014
Iraqi oil production at West Qurna-1 at 360,000 bpd BASRA, 19 hours, 4 minutes ago Oil production at southern Iraq's West Qurna-1 field is running at a rate of 360,000 barrels per day (bpd) due to problems with low levels of water injection to boos..
19/09/2014
Kenya Sees Oil Resources Almost Doubling With More Drilling By David Malingha Doya Sep 18, 2014 9:33 PM GMT+0700 Kenya expects its estimate of oil resources to almost double to 1 billion barrels as well-drilling climbs and the government forges ahe..
18/09/2014
North Sea outlook depressed ahead of knife-edge referendum Scotland prepared for this week’s independence referendum with a win for the “yes” campaign spelling massive upheaval for the oil industry, but little sign a “n..
18/09/2014
India's President Pranab Mukherjee (L) shakes hands with his Vietnamese counterpart Truong Tan Sang before their meeting at the Presidential Palace in Hanoi, Sept. 15, 2014. Indian President..
18/09/2014
Press Trust of India Sep 17, 2014 at 10:03pm IST Vietnam has offered India oil and gas blocks outside the territory claimed by Beijing in the South China Sea, Petroleum Minister Dharmendra Pradhan said on Wednesday. ..
18/09/2014
by PTI | September 17, 2014 , 9 : 55 pm GST ..
18/09/2014
India-based ONGC Videsh has signed a letter of intent (LOI) with PetroVietnam to participate in the exploration of oil and gas offshore Vietnam. Under the LOI, ONGC Videsh will expand its explorat..
18/09/2014
Petroleum Minister Dharmendra Pradhan, who accompanied President Pranab Mukherjee to Vietnam, said oil blocks offered by Vietnam to ONGC Videsh Limited (OVL) “were within” the territorial limits of Vietnam and did not fall in the..
18/09/2014
Asked for his reaction to the a..
17/09/2014
Deeper Saudi Oil Cuts Seen After Biggest Drop Since ’12: Energy Saudi Arabia will need to keep cutting oil output to sustain prices above $100 a barrel, even after the kingdom’s largest reduction in two years, according to BNP Paribas SA..
17/09/2014
President Pranab Mukherjee (left) shakes hands with his Vietnamese counterpart Truong Tan Sang at the presidential palace in Hanoi. (Reuters photo) RELATED BEIJING: On the eve of President Xi Jinping's trip to India, China on..
17/09/2014
President Pranab Mukherjee with Nguyen Phu Trong in Hanoi. (Press Trust of India) Ho Chi Minh City: In the backdrop of India signing seven pacts with Vietnam, President Pranab Mukherjee yesterday said the scale of mutual co..
17/09/2014
Even as India rolls out a red carpet for the Chinese president Xi Jinping, the stand off in Demchok area of Ladakh with Chinese nomads having pitched tents with the help of Chinese Army and Maldives handing over its ..
17/09/2014
The aim of this project is to increase peak load capacity to support the existing 150 MW Thac Mo power station with 75 MW of additional power. NEW DELHI: Engineering major Alstom has bagged a contract worth around 13 m..
17/09/2014
OVL to expand oil and gas exploration in offshore Vietnam OVL will consider exploring in 2-3 blocks out of the 5 areas in South China Sea that Vietnam had offered E-mailPrint PTI Mail Me inShare 0 inShare 0 Comments Subscribe to: Daily Newsletter B..
17/09/2014
A vendor sells coal from a cart in Hanoi, Vietnam. The Vietnamese government has decided to increase by a factor of 17 the amount of electricity produced by coal-fired power plants in the energy matrix, in effect eschewing the idea of a low-carb..
17/09/2014
Jakob Jespersen, international coordinator of the Dannish Ministry of Industry and Trade, sharing Denmark's experience in developing sustainable energy. Photo: Minh Hung Farmers from a hamlet in Thai Binh Province have abandoned the habit ..
16/09/2014
BANGKOK, 13 hours, 51 minutes ago Thai energy company PTT has joined with Saudi Aramco, the world's biggest oil producer, to submit a proposal to the Vietnamese government to build a $22-billion refinery and petrochemical complex in Vietnam, a ..
16/09/2014
Egypt expects $425m from IDB for refinery, airport CAIRO, 13 hours, 52 minutes ago Egypt said it expected to receive around $425 million in funding from the Islamic Development Bank to develop an oil refinery in Assiut and an airport in the Red Sea..
16/09/2014
PTI Hanoi, Sept 15: India and Vietnam today inked seven pacts, including one to enhance cooperation in the strategic oil sector, as they called for “freedom” of navigation in the South China Sea, a remark whic..
16/09/2014
Top Thai energy firm PTT Pcl has completed its feasibility study on a mammoth refinery and petrochemical complex in Vietnam, including the presence of a new partner from Saudi Arabia, a Vietnamese official said Friday. FacebookTwitter0 vote(s) C..
15/09/2014
South Korea’s Iran oil imports double in Aug, but down for Jan-Aug Monday, 15 September 2014 11:13 Posted by Shoaib-ur-Rehman Siddiqui South Korea's imports of Iranian crude doubled in August from a year ago but fell 8 percent in the first e..
15/09/2014
PTISep 13, 2014, 05.28PM IST NEW DELHI: India is looking to enhance cooperation with Vietnam in defence, security and political arena as there is immense potential for bilateral engagement between the two nations, President Pranab Mukherje..
15/09/2014
Vietnam has offered two more oil and gas blocks to ONGC Videsh Ltd. (OVL), the overseas subsidiary of Indian state owned oil and gas major ONGC, Financial Express newspaper reported Saturday. OVL and Petrovietnam will sign a Letter of Intent (LoI) o..
15/09/2014
inShare PTI Artists of the Water Puppet Show regale President Pranab Mukherjee in Hanoi on Sunday. Photo: PTI TOPICS President Pranab Mukherjee lands in Hanoi on four-day visit President Pranab Mukherjee ar..
15/09/2014
By Devirupa Mitra Published: 15th September 2014 06:04 AM Last Updated: 15th September 2014 06:04 AM President Pranab Mukherjee being welcomed on his arrival at Hanoi I..
12/09/2014
Fitch Ratings indicated Vietnam is on course for a credit upgrade as signs the economy is gathering strength underpin a bond rally that drove five-year yields to a record low. Fitch may raise Vietnam’s rating one level to BB-, three levels b..
12/09/2014
Thanh Nien News Thursday, September 11, 2014 18:26 Email Print Customers peruse displays of clothes and toys at Dong Xuan wholesale market in Hanoi on July 29, 2014. Photo: Reuters Customers peruse displays of clothes and toys at Dong Xuan wholes..
12/09/2014
By Bloomberg Vietnam’s bonds rallied, driving five-year yields to a record low, as signs of an improving economy buoyed demand for government debt and Fitch Ratings indicated the country is on course for a credit upgrade. The yield on five-..
12/09/2014
Bloomberg Fitch Ratings indicated Vietnam is on course for a credit upgrade as signs the economy is gathering strength underpin a bond rally that drove five-year yields to a record low. Fitch may raise Vietnam’s rating one level to BB-, t..
12/09/2014
Canadian Dollar Declines to Lowest in Five Months on Crude Oil By Ari Altstedter The Canadian dollar fell to the lowest level in five months as crude oil, the nation’s largest export, traded at almost its lowest point in more than a year. T..
11/09/2014
Vietnam will face bigger economic difficulties in the short term if it immediately erases its fossil fuel subsidies, according to the United Nations Development Programme. The United Nations Development Programme (UNDP) recently released a rep..
11/09/2014
HANOI--Tensions between Vietnam and China over the deployment of a Chinese oil rig in contested South China Sea waters that sparked deadly riots in May won't hurt foreign direct investment in the Southeast Asian country, a Vietnam government offic..
11/09/2014
Thanh Nien News Workers at a Samsung Factory in Vietnam. Photo: Doan Xuan Hai Vietnam should strive for an economic growth rate of nine percent in the next two decades to catch up with South Korea and Taiwan..
11/09/2014
By Just-Auto New vehicle sales in Vietnam increased by almost 52% to 10,991 units in August, from 7,326 a year earlier, according to the Vietnam Automotive Manufacturers Association. Cumulative sales for the first eight months of t..
11/09/2014
By Bloomberg News Vietnam demanded compensation after Chinese boats allegedly rammed and robbed its fishing boats and beat some members of their crews, fanning tensions already inflamed by territorial disputes. The three attacks occurr..
11/09/2014
By Thanh Nien News To boost economic growth, the Vietnamese government should cut interest rates, speed up bad debt relief in the banking system, and accelerate the equitization of state-owned enterprises, according to the National Financ..
11/09/2014
by Rigzone Staff Malaysia-based UMW Oil & Gas Corporation Berhad (UMW-OG) revealed that its indirect subsidiary UMW Offshore Drilling Sdn Bhd received a Letter of Award, valued at $46.5 million, from Petrovietnam Drilling & Well Services Co..
11/09/2014
Oil refiners seek imports from outside Mideast Sept 11,2014 In the oil industry, all eyes will be on the tanker BW Zambesi this morning when the ship arrives at Yeosu Port in South Jeolla for Korea’s second-largest refiner GS Caltex. The ves..