Tag: oil
Vietnam, Russia to deepen comprehensive strategic partnership
VOV.VN - President Nguyen Xuan Phuc is paying an official visit to Russia from November 29 to December 2 at the invitation of Russian President Vladimir Putin, aimed at giving fresh impetus to the Vietnam-Russia comprehensive strategic partnership.
Local petrol prices drop sharply after five consecutive hikes
VOV.VN - Domestic retail prices of petrol and oil dropped considerably as of 3 p.m. on November 25, according to a joint announcement by both the Ministry of Industry and Trade and the Ministry of Finance.
Vietsovpetro welcomes first oil flow from BK-18A and BK-19 oil rigs
Vietnam-Russia oil and gas joint venture Vietsovpetro on November 24 held an online ceremony to welcome the first flow of oil extracted from BK-18A and BK-19 oil rigs.
PetroVietnam completes oil exploitation plan for 2021 ahead of schedule
The Vietnam Oil and Gas Group (PetroVietnam) has reported that it has completed the target of 7.99 million tonnes of oil output set for this year, 42 days ahead of schedule.
PV Power targets 1,707 million KWh of electricity in November
The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), set a goal of producing 1,707 million KWh of power and earning nearly VND2.5 trillion (US$110.3 million) in November.
Vietsovpetro puts new generation unmanned mini oil rig into operation
The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.
Vietnam welcomes diplomatic activities taken by UN Special Envoy for Yemen
VOV.VN- Ambassador Dang Dinh Quy, permanent representative of Vietnam to the UN, welcomed diplomatic activities taken by the UN Special Envoy for Yemen, and reaffirmed the nation’s support for the Special Envoy’s efforts in resuming comprehensive and sustainable political dialogue among stakeholder.
State budget contribution of PetroVietnam expands by 21% of yearly plan
VOV.VN - The Vietnam Oil and Gas Group (PetroVietnam) contributed a total of VND75.4 trillion, equivalent of US$3.32 billion, to the State budget throughout the first 10 months of this year, an increase of 23% from the same period last year and a figure 21% higher than the yearly plan.
Ten-month state budget collection meets over 90% of estimate
Total state budget collection in the first ten months of 2021 fulfilled about 90.9% of the estimate and was up 5.5% year-on-year, showed data released by the Ministry of Finance’s Department of State Budget.
Solutions sought to deal with reduction in oil and gas production
Since 2015, Vietnam has seen consecutive declines in oil and gas output and exploitation plan. What're reasons behind the situation and solutions to the problem?
