BANGKOK – Vietnam, locked in one of its most protracted test of wills with China of late, is trying to allay fears that yet another foreign joint venture energy project in the South China Sea may be canned due to pressure from Beijing. The question over American firm ExxonMobil’s involvement in the Ca Voi Xanh, […]

Vietnam will need more than $128 billion of investment to achieve bullish targets in its latest power development plan that seeks to expand gas and renewable generation capacity over the next decade.

General Electric (GE) recently inked a memorandum of understanding (MoU) with Vietnamese electric utility Genco3, a subsidiary of EVN, Vietnam’s largest power company, to help develop a liquefied natural gas (LNG) power plant near Ho Chi Minh City.

Vietnam’s oil and gas inventories are over 90 percent higher than the required level, meeting the domestic petroleum consumption demand in the next few months, according to the Vietnam Energy Association (VEA).  

The government of Vietnam has approved inclusion of a proposed 3,200-megawatt liquefied natural gas-fired power plant as part of the country’s national power plan, Kallanish Energy reports. Singapore-based Delta Offshore Energy said it will, along with its partners, begin a full-scale feasibility study of the Vietnam project that includes an offshore LNG import facility and an onshore […]

HANOI, Nov 29 (Reuters) – Vietnam’s crude oil imports in the first 11 months of this year rose 52.3% from a year earlier to 10.82 million tonnes, government data released on Sunday showed.

Vietnam exported 230,260 mt, or 56,260 b/d, of crude oil in April, an increase of 12.4% from the same month a year earlier, with the Southeast Asian producer aiming to sell as many domestic sweet crudes as possible to minimize its energy trade deficit, market and trade participants said over May 11-17.

HO CHI MINH CITY — Vietnam repeatedly calls itself one of the countries that would be most devastated if climate change worsens, but it is also preparing to import liquefied natural gas (LNG), which emits the greenhouse gases that accelerate climate change. Rather than drastically boost renewable energy, Vietnam plans to start using LNG for the […]

Vietnam plans to cut its Most Favoured Nation (MFN) tariff on gasoline to 12% from 20% to help ease inflationary pressure, the government said on Thursday.

The Hanoitimes – PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA).