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A Paragon Oil truck servicing a Brooklyn apartment building in the 1930s. Paragon Oil was an American oil company, founded in 1925 in New York City by the Schwartz family, and sold to Texaco in the late 1950s. It is not related to the Paragon Oil Company operating today in Brooklyn.
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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]
Vietnam Oil and Gas Group (Vietnamese: Tập đoàn Dầu khí Việt Nam), commonly known as PetroVietnam (PVN; alternatively stylized Petrovietnam or PETROVIETNAM), is the state-owned national oil and gas corporation of Vietnam.
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]
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The Dung Quat Refinery was originally scheduled to start work in 2000, but the process was several times delayed. [4] On 25 December 2002, the intergovernmental agreement between Vietnam and Russia was terminated, and the project continued as a solo project of Petrovietnam. [5]
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.