News

Laos, Vietnam speeding up oil pipeline project

Lao authorities are gearing up to realize the planned bonded warehouses and pipeline project from Vietnam’s Hon La port to Laos’ Khammuan province as the countries’ leaders agreed to speed up implementation. Keep reading ...

Souksakhone Vaenkeo

Biofuel plan may fail as ethanol plants face production problems

The plan to make a switch from the popular RON A92 petrol to biofuel E5 by January 1, 2018 may fail as ethanol plants have become bogged down in difficulties. Deadlines for replacing A92 petrol with E5 biofuel have been set up, but all of them ...

Deconstructing China’s energy security strategy

Given continued American global naval supremacy, which is unlikely to be challenged successfully in the foreseeable future, Beijing’s highest strategic priority is to ensure energy security by connecting friendly major oil and gas producers to China via pipelines transiting through land routes beyond the effective ...

Binh Dinh gives 'ultimatum' to $22bil. Nhon Hoi refinery

Nguyen Ngoc Toan – Deputy Chief of the Management Board of Nhon Hoi Economic Zone – said local officials had met with Thailand’s PTT Group on the progress of the Nhon Hoi (Victory) petrochemical project. Binh Dinh officials and the investors discussed with representatives of the ...

Bokeo authorities mull inspection of petrol importers

Bokeo provincial authorities are focusing on the inspection of petrol stations and petrol import companies after finding that different petrol operators are operating without licenses. Some 73 other petrol stations have been found operating with only 40 of those stations licensed. To manage petrol imports into the ...

Government calls for lower fuel prices

The government on 3 September asked fuel retailers to lower petroleum prices, so as to reflect the drop in global prices in the last few months. At a meeting chaired by Chhoun Dara, a secretary of state at the Commerce Ministry, oil companies were given a week ...

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