News - MINH THÀNH

A Series of Positive Policy Adjustments for the Oil and Gas Industry

Global conflicts have exposed developing countries such as Vietnam to the risk of dependence on imported energy. Vietnam needs to strengthen its energy supply autonomy, making the development of the domestic oil and gas industry [...]

EU Prepares to Respond to Scenario of Prolonged Energy Supply Disruptions

EU member states have been asked to prepare early response measures for the scenario of prolonged energy supply disruptions. According to a source from Euronews, the European Commission (EC) is calling on governments of European [...]

Proposal to Continue Exempting Crude Oil and Natural Gas Extraction Projects from EIA Procedures

The Ministry of Agriculture and Environment stated that, in the draft Law amending and supplementing a number of articles of the Law on Environmental Protection, the drafting agency continues to propose exempting all crude oil [...]

Leading Oil and Gas Transportation Company Lowers Profit Target

PVTrans, the company that holds 100% of the domestic crude oil and LPG transportation market share, has set this year’s profit target at VND 1,200 billion, lower than the previous year. PetroVietnam Transportation Corporation (PVTrans) [...]

PVFCCo-Phu My Wins Vietnam Petroleum Science and Technology Award

The project cluster by PVFCCo-Phu My was recognized for the effective application of more than 2,000 technical solutions, generating an estimated economic value of over VND 3,000 billion. On May 15, the project cluster titled [...]