Oil retreats as dollar gains on Fed rate speculation

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Báo Đầu Tư English 7 day(s) ago

Oil retreats as dollar gains on Fed rate speculation

Oil prices hit a fresh multi-month high on Wednesday before retreating after hawkish US Federal Reserve meeting minutes strengthened the dollar.

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Long-delayed Binh Dinh oil refinery project still uncertain

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Báo Dân Trí English 3 week(s) ago

Long-delayed Binh Dinh oil refinery project still uncertain

The long-awaited multi-billion US dollar refinery project in the central province of Binh Dinh is facing an uncertain future after nearly three years of registration for investment.

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Oil dips as Saudi nears completion of oilfield expansion

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Báo Đầu Tư English 1 month(s) ago

Oil dips as Saudi nears completion of oilfield expansion

Oil prices fell on Monday amid concerns about elevated US inventories and Saudi Arabia's reported imminent completion of a key oilfield expansion project, potentially adding to abundant global supplies.

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HCMC launches Action Month for environmental protection

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SaiGon GP English 1 month(s) ago 1 related news

Ho Chi Minh City launched yesterday the action month to respond to the national week of clean water & environmental sanitation and the world environment day.

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Oil prices retreat after US-inspired gains

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Báo Đầu Tư English 1 month(s) ago

Oil prices retreat after US-inspired gains

Oil prices retreated on Thursday as traders banked profits from the previous session's sharp gains sparked by another decline in US crude production.

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Oil prices rise as Kuwait strike drags on

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Báo Đầu Tư English 1 month(s) ago

Oil prices rise as Kuwait strike drags on

Oil prices ended a four-day losing streak on Tuesday as sharply curtailed production in Kuwait due to the strike by petroleum workers spurred hopes for an easing of the global crude glut.

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Indonesia's Pertamina plans to develop South China Sea border areas

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Báo Thanh Niên English 1 month(s) ago

Energy company Pertamina plans to explore for oil and gas in areas close to Indonesia's maritime border in the South China Sea to assert the country's territorial rights, the upstream director of the state-owned company said.

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Oil prices jump on signs of US cutbacks, Doha hopes

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Báo Đầu Tư English 1 month(s) ago

Oil prices jump on signs of US cutbacks, Doha hopes

Oil prices jumped on Friday (Apr 8) to cap a week of gains, helped by more indicators of slowing US output and hopes for an output freeze at the coming producers' gathering in Doha.

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Vietnamese woman caught mixing acid with water to make vinegar

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnamese woman caught mixing acid with water to make vinegar

While vinegar does contain a few percentages of acetic acid, producing the liquid merely by mixing the acid with water is undoubtedly unacceptable.

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Fake Shell bitumen found in Vietnam

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Báo Đầu Tư English 1 month(s) ago

Fake Shell bitumen found in Vietnam

Transport Engineering Construction and Quality Management Bureau has just issued a warning regarding low quality bitumen being sold to transport infrastructure contractors.

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Oil drops on doubts over producer deal

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Báo Đầu Tư English 1 month(s) ago

Oil drops on doubts over producer deal

Oil prices retreated again on Monday as doubts mounted over a potential agreement by major producers to limit output in order to strengthen prices.

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Work begins on $12 billion gas project in Vietnam

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Báo Thanh Niên English 1 month(s) ago

State giant PetroVietnam began work Sunday on a US$12 billion project to drill for gas and build infrastructure to supply the gas to several power plants in the Mekong Delta.

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PM launches Kien Giang gas project

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SaiGon GP English 1 month(s) ago

PM launches Kien Giang gas project

Prime Minister Nguyen Tan Dung launched the Block B-O Mon gas project by the Viet Nam National Oil and Gas Group (PetroVietnam) in the southern province of Kiên Giang yesterday.

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Oil prices edge up on weaker dollar, US inventory data

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Báo Đầu Tư English 1 month(s) ago

Oil prices edge up on weaker dollar, US inventory data

Oil prices rose slightly on Wednesday helped by official data showing a smaller-than-expected increase in US crude stockpiles as traders worry about the global oversupply.

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Wait to jump on the oil recovery bandwagon

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Báo Đầu Tư English 2 month(s) ago

Wait to jump on the oil recovery bandwagon

After plunging to under $30 per barrel earlier this year, oil prices have since staged a smart recovery to hit $40 per barrel, which is seen as a psychological barrier of sorts. Some industry experts extrapolated this trend to suggest that oil prices would hit $50 per barrel halfway into 2016. Such predictions of a quick recovery and a return to oil’s heyday are now starting to sound increasingly hollow.

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