US, Japan Pledge To Help Vietnam Develop Liquefied Natural Gas Fields – State Dept.
WASHINGTON (UrduPoint News / Sputnik – 08th December, 2020) The United States, Japan and Vietnam have issued a joint pledge to help Hanoi develop its Liquefied Natural Gas (LNG) reserves, the three countries said in a joint statement issued in Washington by the Department of State.
Use oil price windfall to support local firms, Petronas urged
An economist has called on Petronas to provide support to Malaysian oil and gas companies, saying global oil prices allow the company to be more liberal with its spending. Two trade groups are reported to have recently complained that the national oil company is raking in billions at the expense of oil and gas companies’ […]
Uzma to expand business within Asean
KUALA LUMPUR: Oil and gas (O&G) services provider Uzma Bhd targets to expand its three core upstream services beyond Malaysian shores by next year, focusing on Philippines, Thailand, Indonesia and Brunei. Group managing director and chief executive officer Datuk Kamarul Redzuan Muhamed said the group will focus on subsurface solutions, integrated wells solutions (IWS) and […]
Việt Nam to import LNG to meet burgeoning electricity demand
HCM CITY — Demand for liquefied natural gas (LNG) will continue to be strong, outpacing domestic production by 2020 requiring the country to import around one million cubic metres a year, according to the Ministry of Industry and Trade. According to Phùng Văn Sỹ, general manager of the ministry’s oil and gas division, who spoke […]
Vietnam and Japan firms ink gas deal as Hanoi looks beyond coal
TOKYO — Japan’s JXTG Nippon Oil & Energy will tie up with a Vietnamese state-owned oil company on liquefied natural gas, the companies said[…]
Vietnam approves new $2.3 bln LNG project
HANOI:Vietnam on Friday approved a $2.3 billion liquefied natural gas power plant due to be co-developed by Vietnamese and South Korean companies and to start commercial operations in 2026-27.
Vietnam Approves Pharos Energy’s Offshore Oil Project
Pharos Energy said Friday it had received approval from the Prime Minister of Vietnam for the development plan of an offshore oil field in Vietnam.
Vietnam approves US$1.56 billion power projects using ExxonMobil-exploited gas
The Hanoitimes – State-run Vietnam Electricity (EVN) will be the investor of the projects which are expected to be kicked off in early 2021. Vietnam’s Prime Minister Nguyen Xuan Phuc has approved the investment plan of two power projects which will use gas from the ExxonMobil-exploited Ca Voi Xanh (Blue Whale) field off the country’s coast. Ca […]
Vietnam Considers Allowing Fuel Price Adjustment Every 5 Days
TEMPO.CO, Jakarta – Vietnam considers a new price mechanism to adjust fuel prices every five days instead of the current 10-day cycle to address a number of issues that resulted in sporadic fuel shortages across the country in recent months, local media reported Thursday, Nov. 17.
Vietnam cuts back on LNG, coal-fired power projects after net zero pledge
Vietnam is looking to reduce the share of fossil fuels, including natural gas and coal, in its future energy mix, while renewables will rise in line with its recent net zero pledge and as securing global funding for fossil fuel projects becomes harder.