The demand for oil and gas services may steadily rise in the upcoming years due to the expectation that oil prices would remain high.
The high oil prices will have a positive impact on many businesses in this industry.
Currently, large investments in oil and gas projects are facing many difficulties. These include exploration and extraction of oil and gas in the upper reaches as well.
There are some signals that the Block B field project will be awarded FID (Final Investment Decision) in July 2022, setting a premise for this project chain to kick-off.
Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.
Tensions between Russia and Ukraine may linger and have an influence on some of Vietnam's main economic sectors.
The oil supply shortage has led to oil price surges over the past months, which have positively impacted the earnings of oil companies.
VNDirect anticipates heightened investing downside risks in oil and gas equities as a result of oil price volatility and overpricing valuation.
The average Brent oil price is expected to hover around US $75/bbl in 2022, as supply cannot keep up with rising demand.This would have a positive impact on the oil and...
Vietnam’s oil and gas industry could continue to look positive in 4Q21 thanks to recovering oil prices.
Since 2015, Vietnam has seen consecutive declines in oil and gas output and exploitation plan. What're reasons behind the situation and solutions to the problem?
Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19...
The Vietnam Oil and Gas Group (PetroVietnam) has been reviewing legal regulations to identify any obstacles to its operations and propose settlement recommendations.
There are similarities in the global economy between the 2020-2021 period and the 2009-2010 period when oil prices significantly hiked after the 2008 financial crisis.
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