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Amerada Hess received a 23% stake in a key Natuna oil field in Indonesia. [9] In 2004 the Company acquired a 75% stake in an oil interest in Vietnam. [10] In April 2014, Premier rejected two secret bid approaches from Ophir Energy which wanted to combine both firms into an oil exploration group for around £3 billion. Premier Oil's board ...
In order to help pay for the costs stemming from the Deepwater Horizon explosion, BP plans to sell its stakes in gas and oil properties in Vietnam. It maintains joint ownership of such projects — Lan Tay-Lan Do gas field and Nam Con Son pipeline — with ONGC, PetroVietnam, and ConocoPhillips.
The Vietnam National Petroleum Corporation was initially created in January 1956 under the name Vietnam National Petroleum Corporation, set up by decree of the minister of commerce. [ 4 ] In July 2011, Petrolimex sold 2.56% of its shares in an IPO, raising $20 million, with the state still holding 94.99% of the capital.
Vietnam had the fastest growth in coal use in Southeast Asia during 2011-2021, at an annual growth rate of 11%. [4]Data of the Ministry of Industry and Trade (MOIT), 10 months of 2018 coal production was estimated at 34.35 million tons, up 10% over the same period in 2017, of which clean coal output of Vinacomin (TKV) was 29.6 million tons, up 10.9% over the same period last year. [5]
Nghi Son Refinery is the second oil refinery in Vietnam. It is located about 200 kilometres (120 mi) south of Hanoi in Tinh Gia District of Thanh Hóa Province. Site-clearing for the project broke ground in 2008. Construction began on 23 October 2013, and refinery operations were targeted for 2017. [1]
The Vietnamese Wikipedia (Vietnamese: Wikipedia tiếng Việt) is the Vietnamese-language edition of Wikipedia, a free, publicly editable, online encyclopedia supported by the Wikimedia Foundation. Like the rest of Wikipedia, its content is created and accessed using the MediaWiki wiki software.
Vietnam's oil reserves are in the range of 270–500 million tons. Oil production rose rapidly to 403,300 barrels per day (64,120 m 3 /d) in 2004, but output is believed to have peaked and is expected to decline gradually. In 2003, mining and quarrying accounted for 9.4% of GDP, and the sector employed 0.7% of the workforce.
Industry research organisations under the purview of the Ministry include the following; organisation is located in Hanoi except where noted: [2] Institute for Industry Policy and Strategy (IPS), Director General: Dr. Phan Dang Tuat