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oil and gas

tin tức về oil and gas mới nhất

Petroleum sector seeks protective policies to counter contractionicon
BUSINESS11/11/20210

Petroleum sector seeks protective policies to counter contraction

Output contraction is an inevitable part of exploiting finite oil and gas fields worldwide. In Vietnam, most of the active fields have been exploited since 1986. 
 
Local petroleum firms forecast plunging revenue in 2020icon

Local petroleum firms forecast plunging revenue in 2020

BUSINESS
24/04/2020
Pressed by COVID-19 and the oil price war between Russia and the OPEC, local petroleum manufacturers expect great plunges in revenue.
VN petrol and oil giants lost billions of US dollars on plunging oilicon

VN petrol and oil giants lost billions of US dollars on plunging oil

BUSINESS
13/04/2020
The revenues of PetroVietnam and Petrolimex slumped by $6.13 billion and $521.74 million this year due to the dropping oil price and the COVID-19 health crisis.
Nosediving oil price deals a blow to state budgeticon

Nosediving oil price deals a blow to state budget

BUSINESS
01/04/2020
Though the steep dive in global crude oil price will benefit domestic logistics and production, it will not be good for local petrol firms and the state budget.
PetroVietnam may buy crude oil to storeicon

PetroVietnam may buy crude oil to store

BUSINESS
01/04/2020
As Covid-19 has been escalating and the oil price has fallen, the national oil and gas group PetroVietnam is considering several possible scenarios, including mine closure. It is also considering buying crude oil to store.
New vitality for DK1 Platforms in new springicon

New vitality for DK1 Platforms in new spring

FEATURE
09/02/2020
“Despite waves and storms, we the DK rig soldiers are still here. There is no fear among DK rig soldiers who are not afraid of thunderstorms.” 
Securities company lists 9 industries that will be affected by epidemicicon

Securities company lists 9 industries that will be affected by epidemic

BUSINESS
07/02/2020
Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to SSI Securities Corp.
Vietnam-Russia cooperation in oil and gas: great opportunities aheadicon

Vietnam-Russia cooperation in oil and gas: great opportunities ahead

BUSINESS
20/01/2020
With the support of the two governments, Vietnam’s oil and gas industry is expected to continue developing strongly.
US pours money into gas industry in Vietnamicon

US pours money into gas industry in Vietnam

BUSINESS
29/11/2019
The current reserves of gas fields in Vietnam are estimated at 700 billion cubic meters, an amount that can be exploited for 40-50 years.