Singapore jails Vietnamese tanker captain in Shell oil heist case
The theft shone a spotlight on an illegal oil trade worth tens of billions of dollars worldwide
The theft shone a spotlight on an illegal oil trade worth tens of billions of dollars worldwide
Vietnam has been relying more on imported crude due to a slowdown in domestic output
The $9 billion refinery was operating smoothly in test runs that last several months
The investor failed to deliver on investment pledges as stated in the license
Dropping domestic crude production prompted the refinery to look for more foreign suppliers
Nghi Son is on track to begin commercial production in Q4/2017
Vietnam's crude oil imports will soar to record highs in August
Refineries are built to only ensure energy security in Vietnam, an insider has said
The operator of Dung Quat Refinery, Vietnam's sole operational such facility, has sought for further reduction in import tax levied on diesel oil because without the tax cut, diesel oil churned out by the facility cannot compete with that imported from ASEAN countries
The US$21.5 billion Nhon Hoi oil refinery and petrochemical project has gotten the green light from the Prime Minister to enter Vietnam’s 2015-2025 oil sector planning