Tag: oil
PVEP targets 1.8 million tonnes of oil equivalent in H2
The PetroVietnam Exploration Production Corporation (PVEP) – a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam) - is targeting to exploit 1.8 million tonnes of oil equivalent in the second half of this year, the corporation has announced.
Ministry reduces import taxes on gasoline and oil
The Ministry of Finance (MoF) has just announced the reduction of the gasoline import tax to 5.62% while increasing the standard cost of the gasoline base price by VND30 per litre.
Petrol prices fall sharply following July 3 adjustment
VOV.VN - Retail petrol prices were locally reduced by between VND400-600 per litre as of 15:00 on July 3 in the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
Cuba wants to exchange trade union experience in oil and gas sector with Vietnam
A delegation of the Central Union of Cuban Workers (CTC), led by its Secretary General Ulises Guilarte de Nacimiento, had working sessions with the Vietnam National Union of Oil and Gas Workers and the Russia-Vietnam oil and gas joint venture Vietsovpetro in the southern province of Ba Ria-Vung Tau on July 1.
Vietnamese company to provide vessels for India’s oil and gas corp
The Hai Duong Petroleum and Marine Corporation (HADUCO) and the Oil and Natural Gas Corporation Limited (ONGC) of India on June 20 signed a contract on providing seven multi-purpose support vessels serving ONGC's oil and gas exploration and exploitation activities off the eastern and western coasts of India.
Petrol prices remain unchanged, oil prices rise as of June 21
VOV.VN - The retail prices of petrol levered off for the second consecutive time, while those of oil saw a slight increase, as of 3 p.m. on June 21 in the latest price adjustment made by the Minister of Industry and Trade and the Ministry of Finance.
Vietnam and India ink deal on supplying oil and gas exploitation services
VOV.VN - The National Oil and Gas Group of India (ONGC) and Vietnamese firm Hai Duong Maritime Joint Stock Company (HADUCO) on June 20 signed a contract on oil and gas exploration and production in India.
Petrol prices up by VND500/litre on June 1
VOV.VN - The retail prices of petrol were revised up by VND500 per litre as of 3 p.m. on June 1, following the most recent changes made by the Ministry of Industry and Trade, and the Ministry of Finance.
Petrovietnam generates over 10 billion kWh of electricy in five months
The Vietnam Oil and Gas Group (Petrovietnam) generated over 10 billion kWh of electricity in the first five months of 2023 which equals 42.5% of the yearly target.
PV Power enjoys “BB” rating for third consecutive year
VOV.VN - Fitch Ratings has affirmed that PetroVietnam Power Corporation (PV Power)’s long-term foreign-currency issuer default rating (IDR) of “BB” with a positive outlook.
