Business

PVN seeks US support for projects

The Vietnam National Oil and Gas Group (PetroVietnam) called for foreign investment in 26 infrastructure, electricity and finance projects at a conference held on Sept. 15 in Washington.
Vietnam to pump first Venezuela oil in 2012 Business

Vietnam to pump first Venezuela oil in 2012

Vietnam National Oil and Gas Group (PetroVietnam) and Venezuela National Oil Petroleum Company (PDVSA) have reached an agreement on measures to extract the first oil flow from Block Junin 2 in Venezuela in the fourth quarter of 2012.
Business

Minister refutes fuel price rise rumours

Minister of Industry and Trade Vu Huy Hoang has denied rumours that an additional increase in petrol prices was imminent, prompting many people throughout the country to buy petrol for reserve.
Society

Fire-fighters take part in mock fire at Dung Quat Port

Some 220 firemen from Quang Ngai Police Department and the Fire Prevention and Combating Department under the Ministry of Public Security took part in a fire-fighting drill conducted on Wharf No 1 at Dung Quat Port on March 20.
PetroVietnam aims for higher world status Politics

PetroVietnam aims for higher world status

The Vietnam National Oil and Gas Group (PetroVietnam) should expand its cooperation with Russia and other powerful countries in the oil and gas sector so as to have a higher position on the world’s oil and gas map.
Dung Quat Oil Refinery launched this month Business

Dung Quat Oil Refinery launched this month

The Vietnam Oil and Gas Group (Petrovietnam) will hold an inauguration ceremony for the Dung Quat Oil Refinery on December 24, according to the chief of the Office of the Binh Son Petrochemical Company Dang Hong Son.
Business

Firms promise supplies for Tet

Leaders of State-run groups and corporations have pledged to ensure sufficient commodity supply to help stabilise the domestic market as Tet (lunar new year) approaches.
Business

Oil refinery sells big this year

The country’s first oil refinery plant, Dung Quat, has so far this year produced over 3.18 million tonnes of products and sold close to 3.1 million tonnes on the market.
Business

Lack of storage blamed for gas hike

The State should offer incentives to businesses to encourage the building of large liquid petroleum gas (LPG) warehouses to help stabilise gas prices, said Dr Nguyen Si Thang, chairman of the Vietnam Gas Association (VGA).