PM gives nod to expansion of Vietnam’s sole operational refinery

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Báo Tuổi Trẻ English 13 hour(s) ago

PM gives nod to expansion of Vietnam’s sole operational refinery

Vietnam’s Prime Minister Nguyen Tan Dung has given the green light to the project to upgrade and expand Dung Quat Oil Refinery in central Vietnam, Vietnam’s sole operational refinery today.

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Drop in crude oil prices will not affect state budget: officials

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VietnamNet English 1 week(s) ago

Drop in crude oil prices will not affect state budget: officials

VietNamNet Bridge – The government says the 2014 state budget will be “safe”, though the crude oil price has been falling in the world market. However, government officials admit that the continued oil price decrease has raised major concerns.

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State fertiliser firm raises $74m in IPO

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VietNam News English 1 week(s) ago

PetroVietnam Ca Mau Fertilizer Company Limited has raised nearly VND1.58 trillion (US$74 million) from its initial public offering on Thursday at the HCM City Stock Exchange.

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Spiralling oil prices hit stocks

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VietNam News English 1 week(s) ago 2 related news

A slump in the fortunes of oil and gas companies following the OPEC's forecast of lower oil demand for next year and further decline in global oil prices once again dragged the stock market down yesterday.

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Oil & gas shares fall as oil prices fall

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VietnamNet English 1 week(s) ago 2 related news

Oil & gas shares fall as oil prices fall

VietNamNet Bridge – Oil & gas companies have seen their stock prices plummeting as oil prices have dropped.

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Vietnam's 2014 crude oil output seen above 17 mln tons

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Báo Thanh Niên English 1 week(s) ago

Vietnam's 2014 crude oil output seen above 17 mln tons

Vietnam is expected to produce more than 17 million tons of crude oil this year (341,000 barrels per day), beating its annual target by at least 5 percent, state oil and gas group Petrovietnam said.

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Oil, gas stocks lead market rally

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VietNam News English 1 week(s) ago 1 duplicate news

The stock market experienced an emotional trading period yesterday with rapid reversals of prices, shooting up from red to green in just over an hour.

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PetroVietnam tops local enterprise revenue

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VietnamNet English 1 week(s) ago 2 related news

The National Oil and Gas Group (PetroVietnam) has been named as Viet Nam's largest company in terms of revenue, the VNR500 report announced yesterday.

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VN-Index closes at six month low

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VietNam News English 1 week(s) ago

Heavy sell-offs on oil and gas shares continued to drag the market down yesterday, with the VN-Index closing at a six-month low.

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Market plunges on oil and gas declines

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VietNam News English 1 week(s) ago 1 duplicate news

Stocks plunged further yesterday afternoon on both exchanges, driven by steep declines of oil and gas shares.

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Appeal evaporates for oil, gas stocks

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VietNam News English 2 week(s) ago 1 related news

Oil and gas stocks have lost their shine given steep falls in global oil prices in November.

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Vietnam to export $70 million oil rig part to India

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnam to export $70 million oil rig part to India

PTSC Mechanical and Construction Services Co Ltd (PTSC M&C) under the PetroVietnam Technical Services Corporation (PTSC), on Saturday launched an important part of an oil rig it built under a contract with the Oil and Natural Gas Corp Ltd of India (ONGC) in the southern province of Ba Ria - Vung Tau.

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Ho Chi Minh City switches to biofuel

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Báo Thanh Niên English 2 week(s) ago

Ho Chi Minh City switches to biofuel

Filling stations across Ho Chi Minh City will begin selling biofuel this week.

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Local company hands over platform topsides to Indian customer

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VietnamPlus English 3 week(s) ago

Local company hands over platform topsides to Indian customer

The PetroVietnam Technical Services Corporation launched and handed over the upper infrastructure of the HRD process platform to the Indian oil and gas company, ONGC, on November 29.

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Falling oil prices hit VN-Index

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VietnamPlus English 3 week(s) ago 2 related news

Falling oil prices hit VN-Index

Stocks fell away on November 28 on both exchanges despite improved trading, dragged down by oil and gas shares.

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