Vietnam’s crude oil and coal output is decreasing in the 2021-2030 period. Reuters quoted the announcement of the Ministry of Industry and Trade as saying so on July 28. Specifically, the announcement of the Ministry of Industry and Trade said…
The Lloyd’s List page reports that 8 Aframax-class tankers and 2 smaller Vietnamese classical ships have been identified to engage in evasion and fraudulent activities to disturb the origin and destination of the cargo of crude oil. According to Lloyd’s…
In addition to paying huge amounts of money to Spanish oil company Repsol, the Vietnamese government is facing the challenge of meeting increasing domestic energy demand and the shyness of foreign energy partners. Repsol recently officially transferred its stakes in…
Crude oil price plunged to a record 4-year level, plummeting from March 9 to less than 40% compared to the average price throughout last year which is expected to be a great loss for Vietnam oil and gas industry. Not…