World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not a major oil-producing nation like much of the Middle East, has counted energy-related commodities as […]
WP expects LPG sales to increase 9.2% this year
SET-listed WP Energy, Thailand’s second-largest liquefied petroleum gas (LPG) trader, expects its 2022 sales to grow by 9.2% to 765,000 tonnes, increasing from a low baseline as the country’s economy reopens, says deputy chief executive Noppavong Omathikul.
YEARENDER : Philippines remains heavily dependent on oil imports
MANILA, Philippines — The year 2018 put the spotlight on the Philippines’ dependence on imported fuel to power up the country’s progress and day-to-day operations. This was validated by the latest Energy Trilemma Index of the World Energy Council, which ranks 125 countries in three dimensions – environmental sustainability, energy security and energy equity. The […]