Strategic investor must guarantee long-term crude supply; Russian, Thai, Kuwaiti energy firms express interest
Retail prices went up between 5 and 7 percent on Friday
Regional crude premiums have started to recover in recent months, a trader said.
Global crude prices saw a drop of 33.4 percent in prices
The offshore fields are located in Block PM3 CAA overlapping Malaysia and Vietnam.
The Nghi Son plant, initially slated to start operations in July 2017, will refine Kuwaiti crude to make various products
The state's spending increased 4.7 percent in the first four months, new official data showed
Earnings from crude exports dropped by nearly 57 percent
The state budget is now heavily depending on tax collections at...
The companies are developing Vietnam's second refinery with PetroVietnam
It wants to double its assets to around $5 billion over the next five years
Vietnam authorities arrested three crew members of the Chinese oil vessel.
Economists are still hotly debating whether the oil crash has been a net positive for advanced economies.