Thai beach declared disaster area after oil spill World

Thai beach declared disaster area after oil spill

Mae Ramphueng beach in Thailand's Rayong province was declared a disaster area late last month as oil leaking from an underwater pipeline in the Gulf of Thailand continued to wash ashore and blacken the sand.
Indonesia imposes mandatory domestic sales for palm oil World

Indonesia imposes mandatory domestic sales for palm oil

Indonesia has imposed a rule starting on January 27 for a mandatory portion of palm oil to be sold domestically at a maximum price of 9,300 rupiah (0.6465 USD) per kg for crude palm oil and 10,300 rupiah per kg for olein, according to Indonesian Trade Minister Muhammad Lutfi.
Thailand strives to contain oil spillover at sea  World

Thailand strives to contain oil spillover at sea

Thailand on January 26 mobilised its navy and other agencies to contain an oil spill after an estimated 160,000 litres leaked from an undersea pipeline about 20 km (12.4 miles) off its industrialised eastern seaboard.
PetroVietnam’s revenue hits over 27.1 billion USD in 2021 Business

PetroVietnam’s revenue hits over 27.1 billion USD in 2021

The Vietnam Oil and Gas Group (PetroVietnam) reported that it had met its revenue target in 2021 two months ahead of schedule, generating 620.2 trillion VND (over 27.1 billion USD), surpassing the yearly plan by 26.4 percent, and up 28 percent year-on-year.
Fuel prices pick up in latest review Business

Fuel prices pick up in latest review

The retail prices of oil and petrol were revised up starting from 3pm on December 25 after going down in the two consecutive reviews by the Ministry of Industry and Trade and the Ministry of Finance.
Vietnam facilitates operations of Indian oil and gas firms: Top legislator Business

Vietnam facilitates operations of Indian oil and gas firms: Top legislator

Vietnam creates optimal conditions for Indian companies to continue their long-term operations and expand investment in energy and oil and gas exploration and production in the country’s continental shelf and exclusive economic zone, Vietnamese National Assembly Chairman Vuong Dinh Hue affirmed on December 17.
Vietnam’s manufacturing continues improving in November Business

Vietnam’s manufacturing continues improving in November

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 52.2 in November from 52.1 in October, signalling a second successive modest improvement in business conditions following a period of decline caused by the fourth wave of the COVID-19 pandemic earlier in the year, according to IHS Markit.
Cultural identities help PetroVietnam sail through difficulties Business

Cultural identities help PetroVietnam sail through difficulties

Harmonious economic and cultural development is the key to the Vietnam Oil and Gas Group (PetroVietnam)'s sustainable growth strategy, constituting its inner strength and brand as well as affirming its position as a strong locomotive and a pioneer in the national economy.