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Fuel tanker erupts in giant explosion in northern Vietnam

According to an initial investigation, a fuel pump malfunctioned, causing the explosion.

Vietnam's Nghi Son oil refinery ready for start-up from Feb. 28

The 200,000 barrel-per-day Nghi Son plant along with Dung Quat will help Vietnam meet 80 percent of its fuel ...

Oil rises to mid-2015 high in strongest year opening since 2014

It was the first time since January 2014 that both crude oil benchmarks opened the year above $60 per barrel.
January 02, 2018 | 10:35 am GMT+7

Vietnam fuel distributors to shift to ethanol blend this week

The country has been pushing for the E5 mixture as ethanol can be produced from cassava, making it renewable.
December 12, 2017 | 08:59 am GMT+7

Vietnam plans to spend over $6 bln for crude oil, fuel storage

The country wants to enhance its energy security as crude imports have jumped while domestic production is on the decline.
July 28, 2017 | 02:37 pm GMT+7

Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt

Lower tax will help boost 2017 Dung Quat output by 20 percent.
July 26, 2017 | 09:18 am GMT+7

Vietnam fuel group says customers should cough up for environment tax hike

But a former trade official warns tax hikes will draw 'reactions' from consumers and might affect consumption.
May 16, 2017 | 07:00 pm GMT+7

Thais, Cambodians caught smuggling diesel oil in Vietnam's waters

The crews of 26 people from Cambodia and Thailand aboard three boats were caught last week for transferring diesel oil off Vietnam's southern coast.
April 25, 2017 | 09:54 am GMT+7

Vietnam oil product prices slashed by highest margin since Jan 2016

The government is trying to curb inflation in 2017, and lower fuel prices might help it meet the annual target. 
March 22, 2017 | 03:09 pm GMT+7

Vietnam revives biofuel plan, sets national switch in 2018

After years failing to promote ethanol blended fuel, the government makes a big move.
March 12, 2017 | 12:00 am GMT+7

Vietnam's fuel subsidy fund shrinks by 40 percent in 2016

New data from the finance ministry showed that nine out of 27 trading firms had overdrawn last year.
February 11, 2017 | 02:30 pm GMT+7

Gasoline prices hit year-high in Vietnam

This is the 13th time fuel costs have gone up this year, compared to 10 price cuts.
December 20, 2016 | 04:10 pm GMT+7

Cuba plans cuts in fuel, electricity consumption

Cuba has ordered some state firms and joint ventures to reduce fuel and electricity consumption, a senior diplomat and the director of a foreign joint venture said on Thursday, in ...
July 01, 2016 | 10:59 am GMT+7

The filling station that makes its own fuel

A public hydrogen filling station in London creates the gas on site using tap water and renewable energy.
May 17, 2016 | 04:24 pm GMT+7

Biofuel plant halts production

National petroleum giant PetroVietnam has temporarily suspended production at its 100 million liter/year ethanol plant in Dung Quat due to high production costs and low sales of ...
March 29, 2016 | 01:51 pm GMT+7
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