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Paragon Oil was founded by brothers Henry, Irving, Robert, Benjamin, and Arnold Schwartz. The brothers, and their sister Bess Schwartz Levy, were first-generation Americans, all born between 1896 and 1909 in Brooklyn , New York.
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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.
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]
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'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.
According to the VNR500 (Top 500) ranking, Vietsovpetro was Vietnam's 8th largest company. [ 7 ] [ 8 ] It was established in 1981 under an inter-governmental agreement between the JSC Zarubezhneft of the Soviet Union (later inherited by the Russian Federation ) and Vietnam 's state-owned Petrovietnam , with each side holding half of stake.
Dầu Tiếng Lake is an artificial lake in the three provinces of Tây Ninh, Bình Dương, and Bình Phước in the Southeast region, Vietnam. The lake was formed by damming the upper reaches of the Saigon River, making it the largest irrigation reservoir in Vietnam and Southeast Asia. Construction of the lake began in 1981 after surveys ...