Extractive industries
Firm closer to applying for mining licence amid local uproar
As Udon Thani environmentalists expressed their objection to a public meeting on mining concessions being held at a military camp, Asia Pacific Potash Corporation (APPC) was one step closer to applying for the mining licence. APPC executive Woravudh Hiranyapaisansakul said the public meeting in Non Sung district ...
Vietnamese Prime Minister attends launch of giant potash mine in Laos
Vietnamese Prime Minister Nguyen Tan Dung and his Lao counterpart Thongsing Thammavong on 13 September attended the opening of a large potash mine in Laos. It will be one of Vietnam’s largest international projects. The ground breaking ceremony was held in Nongbok district in Khammouane province. Keep reading ...
Vietnam's oil exploitation output likely to increase by 4.6% this year
According to the Ministry of Planning and Investment, Vietnam`s crude oil exploitation output in 2015 is estimated to reach 17.58 million tonnes, rising 4.6% from the annual target of the government. The ministry also made a forecast that the crude oil output in 2016 would decline ...
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 ...
Chinese steel may flood Vietnam market
After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them. Vice-Chairman of the Vietnam Steel Association Nguyen Van Sua said although in recent years, the local steel ...
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 ...
Vietnamese companies to mine rock salt in Khammuan, Laos
Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, Laos, with an engineering, procurement and construction contract signed in Hanoi, Vietnam, on 14 August. Vietnam Chemical Group and Vietnam Lao Chemical and Rock Salt Limited Company signed ...
Gold prices unchanged at B18,200
Thailand’s Gold Traders Association have announced buying prices at 17,843.32 baht per baht weight for gold ornaments. Keep reading ...
