August 4, 2011
PetroVietnam has launched the 2011 licensing round for nine oil and gas blocks offshore Vietnam, the first since 2007 and the most in recent years, while Vietsovpetro will boost investments, as the country works on reversing declining output and exports. Vietnam, a net oil exporter and Southeast Asia’s third-largest producer, has been facing falling [...]
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January 27, 2010
US Website: VN economy likely to show significant expansion; Market volumes hit 7-month low; Vietsovpetro to install two oil rigs in Bach Ho Hanoi, VietnamThe Vietnamese economy is expected to show a significant expansion though it was mildly affected by the diminished export demand, said a New York-based website. An article posted on Seeking Alpha [...]
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July 25, 2009
Vietnam joins Advisory Centre on WTO Law; Chevron, Mitsui, PetroVietnam sign Vietnam gas accord; Lam Dong District to provide new coffee breed to growers; Binh Dinh inaugurates titanium slag plant Lam Dong Province’s Bao Lam District will have over 3,000 hectares of grafted coffee bushes by next year, according to the district government. Accordingly, the [...]
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July 6, 2009
The National Oil and Gas Group (PetroVietnam) has entered negotiations with Chevron Co regarding product shares and prices for a US$4 billion oil, gas exploration and exploitation project at the B48/95 and B52/97 Blocks, off southern Ba Ria-Vung Tau Province. Bach Ho oilfield, the main source of crude oil for Dung Quat Oil Refinery.LookAtVietnam – [...]
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March 12, 2009
Vietnamâs efforts to reverse an oil output slump gained a boost as Salamander Energy Plc announced exploration plans on Tuesday and Soco International Plc cited a 2011 date for expanding production in the country. âA number of new blocks are being awarded,â Phil MacLaurin, country manager for Premier Oil Plc, which plans to begin Vietnamese [...]
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March 3, 2009
Motorcyclists ride next to oil pipelines at Dung Quat oil refinery in the central province of Quang Ngai. Petrol products from Vietnamâs first oil refinery will not be cheaper than imports due to the plantâs high input costs, a project official said. The first problem is that crude oil from Vietnamâs major oil field, Bach [...]
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