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  Russia’s No.2 crude oil producer LUKOIL said it would partner with Vietnam’s Petrovietnam in exploring oil and gas at home and abroad, the fourth Russian firm to invest in the Southeast Asian nation’s oil and gas industry. The Russian firm signed a memorandum of understanding with Vietnam’s...

Tags: Oil And Gas

  State oil and gas group Petrovietnam has bid for $1.5 billion of ConocoPhillips oil assets in the East Sea, a senior Petrovietnam official said on Monday. The Hanoi-based group plans to do its utmost to acquire the assets, Nguyen Tien Dung, Petrovietnam’s Deputy Chief Executive Officer, told Reuters...

Tags: Joint Venture, Oil And Gas, Tnk Bp

  PetroVietnam has launched the 2011 licensing round for nine oil and gas blocks offshore Vietnam, the first since 2007 and the most in recent years, while Vietsovpetro will boost investments, as the country works on reversing declining output and exports. Vietnam, a net oil exporter and Southeast Asia’s...

Tags: Million Tons, Nam Con Son, New Fields, Oil And Gas

  International experts condemn China for disrupting Vietnam’s legal marine activities and urged the country to be better prepared for the next encounter Fishermen unloading tunas in the central province of Binh Thuan. On Sunday, Vietnam condemned China for increasing regional...

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Vietnam provides electricity to Cambodia; Use of biofuels promoted for nation’s motor vehicles; Feasibility studies begin on inter-city express rail links   Vietnam provides electricity to Cambodia < />   Vietnam’s National Power Transmission Corporation (NPT) and the Electricity of Cambodia (EDC) on...

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VnnNews – The UK’s BP group plans to sell its assets in Vietnam, worth $1.3 billion. The sale has captured special attention from the public VnnNews – The UK’s BP group plans to sell its assets in Vietnam, worth $1.3 billion. The sale has captured special attention from the public. Financial analysts have warned that...

Tags: Con Son Pipeline, Lan Tay, Lan Tay Lan, Nam Con Son, Nam Con Son Pipeline, Oil And Gas, Power Plant, The Government, To Sell Its

Indian firm interested in BP’s Vietnamese asset sales; Life insurance market lifts in first half; Wire exports set to increase Indian firm interested in BP’s Vietnamese asset sales< />   India’s National Oil and Natural Gas Corporation (ONGC) voiced its interest to buy BP’s Vietnamese assets after the...

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Vietnam to build second tallest tower in Asia; Hospitality market remains bright; Shop discounts aim to lure tourist dollars    Vietnam to build second tallest tower in Asia < />   The PetroVietnam Construction Joint Stock Corporation (PVC) is planning to build a 528-m tower, the second tallest building in Asia...

Tags: In Volume And, Million Tonnes, Million Usd, Oil And Gas, The Country, The Nation, The Vietnam

The Government has approved the transformation of the state-owned holding company Vietnam Oil and Gas Corporation (PetroVietnam) into a so-called ‘one-member limited liability company’ owned by the State. VnnNews – The Government has approved the transformation of the state-owned holding company Vietnam Oil and...

Tags: Lsquo One Member, Oil And Gas

Vietnam President Nguyen Minh Triet’s visits to certain European countries is yielding positive economic results. President Triet visited Russia, Belarus, Switzerland and Finland from May 8-22.   President Triet witnessed a signing ceremony between Vietnamese and Finnish in Helsinki. VnnNews -  Vietnam President...

Tags: Between Vietnam, Oil And Gas, President Triet, The Ministry