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oil

VN records strong increase in fuel imports in the first two months

VN records strong increase in fuel imports in the first two months

Statistics of Vietnam Customs showed that Vietnam spent more than US$1.44 billion importing 2.18 million tonnes of petroleum products in the first two months of this year, representing a sharp increase of 31.4 per cent and 43 per cent, respectively, over...
PV GAS moves to secure LNG, LPG supply amid Middle East tensions

PV GAS moves to secure LNG, LPG supply amid Middle East tensions

PV GAS said it has proactively arranged three LNG import cargoes for the first half of 2026 to maintain stable supply for power generation and industrial production.
Việt Nam urged to brace for oil supply shocks, price spikes amid Middle East tensions

Việt Nam urged to brace for oil supply shocks, price spikes amid Middle East tensions

Việt Nam must prepare for potential disruptions to oil supply and sharp price increases triggered by escalating tensions in the Middle East with priorities on domestic crude reserves, limiting exports when necessary together with flexible fuel price management to ensure...
Fertiliser makers seen benefiting from stable urea prices, lower oil costs in 2026

Fertiliser makers seen benefiting from stable urea prices, lower oil costs in 2026

Analysts expect prices to stabilise throughout 2026, keeping the average selling price in line with 2025 levels.
VN-Index breaks 1,900 points for first time

VN-Index breaks 1,900 points for first time

Today''s gain d an opportunity for foreign investors to take profits after four consecutive sessions of accumulation.
Largest oil well in Southeast Asia of last two decades found offshore of Việt Nam

Largest oil well in Southeast Asia of last two decades found offshore of Việt Nam

The Murphy Oil Corporation has announced that its subsidiary has successfully drilled the Hải Sư Vàng-2X (HSV-2X) appraisal well offshore of Việt Nam, potentially the biggest oil discovery in Southeast Asia of the last 20 years.
Petrovietnam sets sights on global Top 5 with ambitious green growth agenda

Petrovietnam sets sights on global Top 5 with ambitious green growth agenda

At the congress, Prime Minister Phạm Minh Chính praised Petrovietnam’s achievements, saying the group had become a model for transformation, resilience and innovation across the State-owned enterprise sector.
Institutional and financial barriers slow energy transition

Institutional and financial barriers slow energy transition

Themed ''Energy Transition: Vision and Action'', the forum focused on Việt Nam’s need to stay competitive in the global green supply chain while adapting to climate change.
Biofuel plant to restart amid rising E10 demand

Biofuel plant to restart amid rising E10 demand

With an estimated domestic gasoline consumption of 12-15 million cu.m annually, the ethanol demand might amount to 1.2 -1.5 million cu.m per year.
First oil achieved at Kình Ngư Trắng - Kình Ngư Trắng Nam project

First oil achieved at Kình Ngư Trắng - Kình Ngư Trắng Nam project

The project, located in Block 09-2/09, offshore in the Cửu Long Basin off the southern coast of Việt Nam, was completed one day ahead of schedule, meeting all technical and safety standards. 
VN-Index drops below 1,320 points as oil and gas stocks cushion losses

VN-Index drops below 1,320 points as oil and gas stocks cushion losses

The market experienced wide intraday swings, with the session’s low nearing 1,304 points.
Dung Quất refinery helps ensure national defence with locally made military fuels

Dung Quất refinery helps ensure national defence with locally made military fuels

Since 2012, BSR has cooperated with the Ministry of National Defence to develop fuel. Most fuels for defence equipment had previously been imported from abroad.
Rig incident at Sông Đốc oilfield contained, no environmental impact

Rig incident at Sông Đốc oilfield contained, no environmental impact

Emergency crews contained the incident within 30 minutes, with no impact on other oil and gas operations, the field operator said.
Petrovietnam exceeds key targets in four months

Petrovietnam exceeds key targets in four months

Petrovietnam delivered strong results in the first four months of 2025, exceeding most key production targets despite global market headwinds.
HCM City secures US6 bln deal for green energy, oil refinery projects

HCM City secures US$6 bln deal for green energy, oil refinery projects

A landmark US$6 billion investment agreement was signed in HCM City Monday, uniting Vietnam’s KOGI Groun and energy infrastructure in southern Việt Nam.