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oil and gas industry

EP activities in oil and gas industry heating up

E&P activities in oil and gas industry heating up

The upstream oil and gas sector has witnessed a resurgence of investment activity over the past few years.
Upstream enterprises in oil and gas industry see bright prospects this year

Upstream enterprises in oil and gas industry see bright prospects this year

This year''s expected oil prices are much lower than the peak of $96.6 a barrel at the end of last September, but they are still at relatively stable support levels for the entire value chain of Việt Nam''s oil and...
Enterprises cut forecasts due to gloomy outlook

Enterprises cut forecasts due to gloomy outlook

In the third quarter, the total profit after tax of listed businesses declined by 5 per cent year-on-year after continuously recording a sharp double-digit decrease in the previous three quarters. 
VNs energy transition brings opportunities but also challenges: experts

VN’s energy transition brings opportunities but also challenges: experts

The energy transition brings many opportunities for industries, but it also poses great challenges, particular in fossil fuel extraction and processing, according to industry insiders.
Specific regulations to select petroleum service contractors are a must: experts

Specific regulations to select petroleum service contractors are a must: experts

Specific regulations to contractors providing goods and services for petroleum activities should be built to a fair competition for contractors, according to industry insiders.
Reform needed to support oil and gas industry: experts

Reform needed to support oil and gas industry: experts

Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.
When higher prices do not translate to better profits

When higher prices do not translate to better profits

Although global oil prices continuously hit new peaks, not all Vietnamese oil and gas companies benefit from the higher prices. 
Time to amend oil law: experts

Time to amend oil law: experts

The Law on Petroleum needs to be amended to promote the development of the oil and gas industry in line with the recently approved marine economic development strategy for 2030 with a vision to 2045, experts have said.
Tough challenges foreseen for oil, gas sector

Tough challenges foreseen for oil, gas sector

The oil and gas industry is one of the country''s key economic sectors as it has made important contribution to the national economy but it is facing exceptionally tough challenges, especially in the context of deeper international integration, participants at...