Tag: "oil"
India's ethanol drive imperils its push for edible oil self-sufficiency

India's ethanol drive imperils its push for edible oil self-sufficiency

World 15:33 12/08/2025

NASHIK, India - India's drive to produce more ethanol is leading its farmers to switch away from growing oilseeds, undermining government efforts in the world's largest buyer of cooking oils to reduce costly imports.

OPEC+ agrees in principle to another large oil output hike, sources say

OPEC+ agrees in principle to another large oil output hike, sources say

World 18:51 03/08/2025

OPEC+ has reached a preliminary deal to increase oil production by 548,000 barrels per day from September, three sources said on Sunday as concerns mount over potential supply disruptions linked to Russia.

EnQuest to finalise $84 million Vietnam oilfield acquisition soon, CEO says

EnQuest to finalise $84 million Vietnam oilfield acquisition soon, CEO says

Economy 10:34 22/06/2025

UK explorer EnQuest expects to complete the acquisition of Harbour Energy's business in Vietnam in the next month or two and plans to drill new wells to increase oil production there, CEO Amjad Bseisu said.

OPEC+ set to agree July oil output hike this week, sources say

OPEC+ set to agree July oil output hike this week, sources say

World 10:26 28/05/2025

OPEC+ is likely to agree to a further accelerated oil output hike for July this week, three delegates from the group told Reuters, in the latest stage of a plan to meet rising demand and increase market share.

Asian countries look to buy more US energy to offset trade imbalance

Asian countries look to buy more US energy to offset trade imbalance

World 10:41 21/04/2025

SINGAPORE - Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade surplus with Washington in hopes of easing their tariff burdens under President Donald Trump's sweeping new import duties.

Truck carrying lubricating oil catches fire on southern Vietnam expressway

Truck carrying lubricating oil catches fire on southern Vietnam expressway

Vietnam News 16:11 04/05/2022

The incident resulted in a huge inferno that engulfed both sides of the expressway

Vietnam’s fuel prices drop slightly after 7 consecutive hikes

Vietnam’s fuel prices drop slightly after 7 consecutive hikes

Economy 17:52 21/03/2022

Gasoline prices decreased marginally following a regular adjustment on Monday afternoon

South-central Vietnam beach riddled with oil of unknown origin

South-central Vietnam beach riddled with oil of unknown origin

Vietnam News 14:44 18/03/2022

No oil spill or shipwreck has been reported in the vicinity

Police discover 500 tonnes of oil of unknown origin in Ho Chi Minh City

Police discover 500 tonnes of oil of unknown origin in Ho Chi Minh City

Vietnam News 14:05 03/03/2022

The officers inspected two ships and one barge registered to a local company on Wednesday

Iran releases Vietnamese-flagged oil tanker on judicial orders

Iran releases Vietnamese-flagged oil tanker on judicial orders

Vietnam News 14:17 11/11/2021

The vessel was seized off the Iranian coast late last month

Vietnam Jan-Nov crude oil imports up 52.3%, output down 13.5%

Vietnam Jan-Nov crude oil imports up 52.3%, output down 13.5%

Economy 11:16 29/11/2020

Crude oil exports in the January-November period rose 22.7% from a year earlier to 4.48 million tonnes

Illegal oil dump likely behind smelly tap water in Hanoi

Illegal oil dump likely behind smelly tap water in Hanoi

Vietnam News 16:38 15/10/2019

Lab tests have showed that the tap water contains a high level of waste oil