The Viet Nam National Oil and Gas Group (PetroVietnam) and Russian oil
and gas group Rosneft will set up a joint venture company to explore two
oil wells in Pechora Sea.
The Russian oil and gas group, Gazprom Neft is set to acquire 49 per
cent stake in Binh Son Refining and Petrochemical Company (BSR), which
operates the Dung Quat refinery.