Search

PetroVietnam Oil Stockpile Company, a member unit under state-run oil and gas group PetroVietnam, recently affirmed its commitment to building a $250-million underground oil storage terminal in the central province of Quang Ngai’s Dung Quat economic zone.

In fact, Because the capacity for producing gasoline and oil products is much lower than its consumption demand, Vietnam still has to spend billions of dollars to import petrochemical products for domestic demand and according to the demand forecast, Vietnam will lack a large amount of gasoline and oil products in the future...

The Chairman of Binh Thuan Provincial People's Committee (PPC) signed the Decision for agreeing the investment policy of the Son My LNG Terminal project and the investor of Son My LNG Terminal Co., Ltd. to implement this project.

On 22 September 2021, in New York, representatives of The AES Corporation (NYSE: AES) and Petrovietnam Gas JSC (PV Gas) today exchanged the signed joint venture agreement for the Son My LNG terminal, which will be located in Binh Thuan Province in South-Central Vietnam. The terminal will play an important role in accelerating Vietnam’s energy transition and economic growth.

Information from the Office of the People's Committee of Nam Dinh province said that the Gulf Energy Development Group (Thailand) led by Mr. Panawit Sidejchayabhon - General Director of Vietnam Gulf has just had a meeting with leaders of Nam Dinh province to learn more about the Investment opportunity in the power – LNG center and LNG terminal warehouse for the Northern region.

On May 11, 2022, in Washington DC, representatives of AES and PetroVietnam Gas JSC (PV Gas) were granted an Investment Registration Certificate for the Son My LNG terminal project.

From September 9 to 12, 2019, the delegation of Binh Son Petrochemical Joint Stock Company (BSR) led by General Director Bui Minh Tien attended the 35th APPEC Conference in Singapore. This is an opportunity for BSR to contact and discuss with partners to expand opportunities for importing crude oil for Dung Quat Oil Refinery.

At the working meeting with the key leaders of Quang Ngai province on Feb 22, President Truong Tan Sang affirmed: Although the crude oil prices in the world continue sharp fall, Vietnam still is determined to upgrade and expand Dung Quat oil refinery Plant in coming time.

Bulgaria’s Prista Oil will co-operate with the state-run PetroVietnam to set up an oil recycling plant to manage and treat used oil in Vietnam.

On May 22, 2023, Vietnam Gas Corporation (PV GAS) signed a Confirmation Notice with supplier Shell, whereby Shell will deliver the first LNG cargo to Vietnam.

IEA report says technologies offer significant potential for energy-sector decarbonisation but struggle in today’s markets.

PV systems have become a reliable source of clean energy by utilizing energy storage units. In many countries and regions, PV + storage systems have become the preferred source of energy for a variety of reasons.

Goldwind launches a new generation of DC side 0 parallel high-efficiency modular liquid-cooled electrochemical energy storage system

General Department of Energy – GDE (MOIT) has organized a conference to announce "Liquefied natural gas (LNG) storage location planning in Vietnam to 2020 and a vision to 2030".

To promote the development of pumped storage hydropower globally, Andritz has simultaneously carried out a series of events in 2023, specifically: Signing a contract to supply equipment for the Amfilochia Pumped Storage Hydropower Plant Complex in Greece, Successfully synchronized grid connection of Unit 12, Phong Ninh II Energy Storage Plant in China and replaced Stator, Kühtai 1 Energy Storage Plant in Austria.