November 19, 2011
Russia’s No.2 crude oil producer LUKOIL said it would partner with Vietnam’s Petrovietnam in exploring oil and gas at home and abroad, the fourth Russian firm to invest in the Southeast Asian nation’s oil and gas industry. The Russian firm signed a memorandum of understanding with Vietnam’s state oil and gas group in Moscow [...]
Tags: blocks, Lukoil, Offshore, Oil And Gas, Oil Gas, PetroVietnam, Russia, Russian, Russian Firm, statement, The russian, The statement, The Statement Said, Tnk Bp, Vietnam
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November 14, 2011
Workers at a ship yard of the Vietnam Shipbuilding Industry Group, or Vinashin. Many in Vietnam hope the government will pursue reforms that are broad enough and deep enough to fix debt-ridden state banks and rein in inefficient state enterprises (SOEs) such as Vinashin, which embarrassingly defaulted last year. After four years of economic instability, [...]
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November 1, 2011
State oil and gas group Petrovietnam has bid for $1.5 billion of ConocoPhillips oil assets in the East Sea, a senior Petrovietnam official said on Monday. The Hanoi-based group plans to do its utmost to acquire the assets, Nguyen Tien Dung, Petrovietnam’s Deputy Chief Executive Officer, told Reuters on Monday. “The investment is in [...]
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October 11, 2011
Construction of the $7.5 billion 200,800-barrel-per-day Nghi Son oil refinery, Vietnam’s second, will start in the last quarter of this year after a half-year delay, state oil and gas group Petrovietnam said on Tuesday. Vietnam’s natural gas output this year is expected to fall 5.7 percent from 2010 to 8.86 billion cubic meters, the [...]
Tags: billion, Billion Cubic, Billion Cubic Meters, construction, Crude, Crude-oil, Cubic Meters, International, Kuwait Petroleum, Kuwait Petroleum International, Last Quarter, Natural Gas, Nghi Son, Nghi Son Oil, Nghi Son Oil Refinery, Nghi Son Refinery, Oil And Gas, Oil Refinery, Percent From 2010, Petroleum International, PetroVietnam, quarter, refinery, Son Oil, Son Oil Refinery, Son Refinery, The first, The last, The Last Quarter, This year, Vietnam
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September 24, 2011
A recent diplomatic row with China highlights India’s moves to beef up its influence in the East Sea via more cooperation with Vietnam, observers say Indian Navy personnel march on Indian Independence Day at the Red Fort monument in New Delhi. India’s recent actions demonstrate that countries are looking for ways to balance the [...]
Tags: &ndash, 127 And 128, Actions Demonstrate, Actions Demonstrate That, Actions Demonstrate That Countries, affairs, Against China, Against China And, Airavat, analysts, Are Looking For, Are Looking For Ways, ASEAN, Asian, Balance The Power, Balance The Power Scale, Beijing, blocks, Both India, Both India And, Both India And Vietnam, Brahmos, Brahmos Missile, China, China Sea, Chinese, cooperation, Cooperation With Vietnam, countries, Countries Are Looking, Countries Are Looking For, defense, Delhi, Demonstrate, Demonstrate That Countries, Demonstrate That Countries Are, East asia, East Sea, East Sea And, economic, Ensure Freedom, external, External Affairs, For Significant Sea, For Significant Sea Lines, Friendly, In East Asia, In New Delhi, In The East, In The East Sea, In The Resource, In The Resource Rich, India, India And Vietnam, Indian, Indian Navy, Indo Russian, Ins Airavat, International, Japan, Krishna, Ldquo, Ldquo China, Ldquo India, Ldquo Vietnam, Legal Basis, Looking For Ways, Malik, military, ministry, missile, National Interest, Naval, Navigation For Significant, Navigation For Significant Sea, New delhi, Nien Weekly, No Legal, No Legal Basis, Of Navigation For, Of Navigation For Significant, Oil And Gas, Ongc Videsh, Ongc Videsh Ltd, power, Power Scale, Power Scale Against, Power Scale Against China, Rdquo, Rdquo Ldquo, Recent, Recent Actions, Recent Actions Demonstrate, Recent Actions Demonstrate That, region, relationship, Resource Rich, Resource Rich East, Resource Rich East Sea, Rich East, Rich East Sea, Said Vietnam, Said Vietnam Has, Scale Against China, Scale Against China And, Sea Lines, Security, September, Significant Sea, Significant Sea Lines, South, South China, South China Sea, South korea, strategy, Thanh, Thanh nien, Thanh Nien Weekly, That Countries Are, That Countries Are Looking, That The Indian, The Brahmos, The Brahmos Missile, The chinese, The East, The East Sea, The East Sea And, The Indian, The Ins, The Ins Airavat, The Power, The Power Scale, The Power Scale Against, The region, The Resource, The Resource Rich, The Resource Rich East, The south, The South China, The South China Sea, The Times, Their Territory, times, To Balance The, To Balance The Power, To Ensure Freedom, Two Blocks, Videsh Ltd, Vietnam, Vietnam India, Vietnam Rdquo, Vietnamese, waters
Posted in Reports | Comments Off
September 23, 2011
Luong Thanh Nghi, spokesman of the Vietnamese foreign ministry Vietnam on Friday protested China’s recent fishing activities in the waters of Vietnam’s Truong Sa (Spratly) archipelago, saying they violated its indisputable sovereignty . Luong Thanh Nghi, spokesman of the Vietnamese foreign ministry, also rejected as "invalid" China’s recent objections against oil and gas exploration projects carried out by [...]
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September 18, 2011
Two locally-made large oil rigs were put into operation on Saturday at the Vung Tau Petroleum Port, including the country’s first locally-made jack-up oil rig Tam Dao 3. The rigs are part of a major engineering project by Vietnam National Oil and Gas Group (PetroVietnam) and the PetroVietnam Marine Shipyard (PV Shipyard). Tam Dao [...]
Tags: 90 Meter, company, Locally, locally-made, Oil And Gas, Oil Rig, Oil Rigs, Tam Dao, Up Oil, Up Oil Rig
Posted in Sci-Tech | Comments Off
August 26, 2011
A file photo shows a porklift removes a container at Saigon Port in Ho Chi Minh City. Vietnam is expecting an $800 million trade deficit in August after gold exports slumped and oil and gas imports soared, a local news website quoted the government’s statistics office as saying on Monday. August imports totaled $9.1 billion [...]
Tags: August, billion, deficit, exports, Gafin Vn, imports, million, News Website, Oil And Gas, Statistics Office, trade, Trade deficit, Vietnam, website
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August 23, 2011
Thailand’s largest oil and gas explorer, PTT Exploration and Production Pcl, (PTTEP) , said on Tuesday its Vietnam 16-1 project started production on Aug. 22 with an initial flow of about 15,000 barrels per day. The production at Te Giac Trang (TGT) field is expected to reach 40,000 bpd of crude oil and about [...]
Tags: 000 Barrels, 000 Bpd, Crude, Crude Oil And, Crude-oil, Exploration And Production, field, Natural Gas, Oil And Gas, Per Day, percent, production, project, Pttep, Tgt Field, Vietnam, Vietnam 16, Vietnam Ltd
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August 4, 2011
PetroVietnam has awarded its subsidiary a contract to build a 1,200-megawatt coal-fired thermal power plant in southern Vietnam, which will use coal imported from Indonesia and Australia, a local newspaper said on Wednesday. The unit, PetroVietnam Technical Services Corp (PTSC), would buy and install equipment, build and test-run the Song Hau 1 Thermal Power [...]
Tags: 200 Megawatt, Australia, Broad Agreement, build, Coal Fired, Coal Fired Power, Coal Imported, Coal Imported From, Coal Imported From Indonesia, contract, fired, Fired Power, From Indonesia And, From Indonesia And Australia, Hau Power, Hau Power Complex, Hau Power Complex Would, Imported From Indonesia, Imported From Indonesia And, Indonesia, Indonesia And Australia, newspaper, Oil And Gas, PetroVietnam, plant, power, Power Complex, Power Complex Would, Power Plant, Song Hau, Song Hau Power, Song Hau Power Complex, state, The song, The Song Hau, Thermal Power, Thermal Power Plant, Use Coal, Use Coal Imported, Use Coal Imported From, Vietnam
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