Oil and gas resources

Off-shore oil and gas exploration and extraction

Vietnam cautious on plan to raise crude oil output for growth

While some officials have proposed an increase in Vietnam’s crude output to counter the falling oil prices and achieve an economic growth of 6.2 percent, the government is not yet sure if that is an optimal strategy.    The government will continue studying “all relevant factors” to ...

Ministry reveals CSR history for country’s largest oil and gas firms

The corporate social responsibility (CSR) contributions made by international oil companies operating in Myanmar have been made public for the first time, with France’s Total E&P Myanmar at the top of the list. The Ministry of Energy (MoE) has released figures dating back to 1998, on ...

China oil rig to keep drilling in waters disputed with Vietnam

A Chinese oil rig at the center of last year’s standoff between China and Vietnam will continue drilling not far from Vietnam’s coast, China’s maritime safety authorities said on 25 August. The deployment of the $1 billion deepwater rig last year about 120 nautical miles off ...

Vietnam, Dagestan reach oil and gas exploitation agreement

Vietnam is willing to pour up to 300 million USD into an oil and gas exploitation project in the Caspian Sea of the Republic of Dagestan within the Russian Federation, said Dagestan’s Government Office on 18 August. Keep reading ...

Thai boats caught smuggling oil in Vietnam waters

Vietnamese coast guards have caught two Thai boats smuggling fuel to two Vietnamese fishing boats in the southwestern waters off off Phu Quoc Island. Keep reading ...

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