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exploitation

Việt Nam, Russia ink agreements on energy cooperation

Việt Nam, Russia ink agreements on energy cooperation

The agreements were inked by Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên and Russian Energy Minister Nikolai Shulginov on the sidelines of the 6th "Russian Energy Week" International Forum in Moscow on October 12-13.
Petrovietnams crude oil exploitation accomplishes yearly target

Petrovietnam’s crude oil exploitation accomplishes yearly target

The Viet Nam Oil and Gas Group (Petrovietnam) has fulfilled crude oil exploitation target set for the whole year, 70 days ahead of schedule.
PetroVietnam surpasses oil exploitation plan

PetroVietnam surpasses oil exploitation plan

The Vietnam Oil and Gas Group (PetroVietnam) pumped 5.48 million tonnes of crude oil in the first six months of this year, surpassing the set target by 23 per cent.
Protecting raw resources vital to the future of fish sauce

Protecting raw resources vital to the future of fish sauce

Fish sauce is a well-known staple found on tables up and down the country - in fact, the General Statistics Office (GSO) reported last year that the average person consumes 3.9 litres annually.
Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat

Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat

In 1988, Vietsovpetro pumped up the first tonnes of crude oil from the basement on the continental shelf in Bach Ho field, which was a milestone for the development of Viet Nam’s oil and gas sector.
Vietsovpetro eyes close to 3m tonnes of oil equivalent in 2021

Vietsovpetro eyes close to 3m tonnes of oil equivalent in 2021

The Vietnam – Russia oil and gas joint venture Vietsovpetro sets to exploit nearly three million tonnes of oil equivalent and condensate in 2021
PetroVietnam fulfils 10-month exploitation plan

PetroVietnam fulfils 10-month exploitation plan

The Vietnam Oil and Gas Group (PetroVietnam) exploited an estimated 17.32 million tonnes of oil in the first 10 months of this year, surpassing the plan for the period by 2.3 per cent.
Viet Nam to increase imports of coal and gas

Viet Nam to increase imports of coal and gas

The latest data from the ministry sent to the National Assembly shows that Viet Nam is transitioning from an energy exporter to a net importer.
Govt to ask NA to waive charges for water exploitation rights

Gov’t to ask NA to waive charges for water exploitation rights

Thousands of businesses will not have to pay for the right to exploit water this year if a plan submitted by the Government is approved by the National Assembly.
PetroVietnam exploits 7.76 million tonnes of oil equivalent in eight months

PetroVietnam exploits 7.76 million tonnes of oil equivalent in eight months

PetroVietnam reported that total revenue in the eight-month period was over VNĐ372 trillion (US$16 billion). The group contributed nearly VNĐ45 trillion to the State budget, while its after-tax profit stood at over VNĐ11 trillion.
Banks to sell collateral assets amid fears of rising bad debts

Banks to sell collateral assets amid fears of rising bad debts

A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.
PVN oil and gas exploitation exceeds 11.5% of the plan

PVN oil and gas exploitation exceeds 11.5% of the plan

The Viet Nam Oil and Gas Group (PVN) said it had surpassed its oil and gas exploitation target by 11.5 per cent in the first two months of this year.
Team established to supervise charcoal exploitation

Team established to supervise charcoal exploitation

The move was made after online newspaper Vietnamplus reported on the theft of charcoal at key coal mines
PVN sets target of adding up to 30m tonnes to oil reserves

PVN sets target of adding up to 30m tonnes to oil reserves

Viet Nam Oil and Gas Group (PVN) hopes to add 15 million tonnes oil to reserves in both 2019 and 2020, heard the company’s conference to implement exploitation plan held in Vung Tau City on Thursday.
PVN asks for revision of oil law

PVN asks for revision of oil law

The ongoing exploitation of petroleum resources in Viet Nam threatens to outpace exploration of new sites, which could lead to a in the country’s oil and gas output.