Strategic investor must guarantee long-term crude supply; Russian, Thai, Kuwaiti energy firms express interest  

  Gas-fired power plants using Nam Con Son gas account for 40 percent of the electricity capacity in the southern...

Global crude prices saw a drop of 33.4 percent in prices

It will secure a stake of around 10-20 percent while PetroVietnam Gas will hold a majority state in the joint...

  The offshore fields are located in Block PM3 CAA overlapping Malaysia and Vietnam.

PV Power has reportedly met with many foreign investors, including Japan's Tohoku and South Korea's SK

The two firms are cooperating under a production and exploration project offshore Vietnam.

It wants to double its assets to around $5 billion over the next five years

To go on stream in 2020, it will supply gas to five power plants in the Mekong Delta

The group is seeking government support for the factory, which has somehow woven itself into a perplexing financial mess

PV Oil expects a continued downturn this year due to oil shock

It claimed cheap imports have driven its refinery to the edge of shutdown

The oil and gas group threatens a shutdown, saying cheap imports are killing the country's first refinery

It is on the verge of 'running out of money' by the end of April

Average crude prices declined 35.4 percent year on year to $32.4 per barrel last month