ExxonMobil

Update news ExxonMobil

Many foreign direct investment (FDI) businesses are taking the full brunt of the novel coronavirus outbreak (COVID-19) and they are in dire need of support from the government to weather the storm.

US firms are pouring money into Vietnam LNG market

Investing in the Vietnamese LNG market shows a diversified investment portfolio and part of efforts to balance the two-way trade.  

Vietnam approves US$1.56 billion power projects using ExxonMobil-exploited gas

State-run Vietnam Electricity (EVN) will be the investor of the projects which are expected to be kicked off in early 2021.

ExxonMobile pushes on with gas-to-power complex

ExxonMobil Corporation from the US is eager to co-operate with Vietnamese state-run oil and gas group PetroVietnam to develop the gas-to-power complex located in the central provinces of Quang Nam and Quang Ngai.

A new race in the lubricant market

With an annual growth rate of 7-8 percent per annum, the Vietnamese lubricant market has attracted foreign brands, especially as Vietnam has now signed many free trade agreements (FTAs). 

Petrovietnam boosts cooperation with Murphy Oil Corporation, ExxonMobil

 The Viet Nam National Oil and Gas Group (Petrovietnam) and Murphy Oil Corporation signed a memorandum of understanding (MoU) on July 8 to boost cooperation in oil and gas projects.

BUSINESS IN BRIEF 20/9

5th Asian Development Forum scheduled for Hanoi; Philippines to purchase 200,000 tonnes of Vietnamese rice; ExxonMobil expands operation in Vietnam; Pharma buy opens path into Myanmar; Industrial, trade sector unveils whopping $102b growth target

PetroVietnam-Exxon Mobil may cooperate in $10 billion project

 VietNamNet Bridge – The Vietnam Oil and Gas Group (PetroVietnam) may reach a cooperation agreement with Exxon Mobil Corporation (USA) with a value of $10 billion next year, according to PetroVietnam CEO Do Van Hau.

Exxon Mobil triggers new US investment wave

 VietNamNet Bridge – The world’s largest oil and gas group Exxonmobil based in the US has moved ahead with its $20 billion gas power project in the provinces of Quang Ngai and Quang Nam, a sign of a new investment wave from the US.

Vietnamese exult greatly with $20 billion gas project

The project of a $20 billion gas & electricity complex in Quang Ngai province to be developed by Exxon Mobil is believed to have high feasibility thanks to the good reputation of the investor and the readiness of the local authorities.

Exxon Mobil signs power plant deal with PetroVietnam

 VietNamNet Bridge – Exxon Mobil and Viet Nam National Oil and Gas Group will build a gas and power plant in central Viet Nam to supply gas and power along the East Sea.