State utility EVN signs feasibility study contract for $2.1 bln LNG power plant

Power Project Management Board 2, under state utility Vietnam Electricity (EVN), has signed a consulting contract for the $2.1 billion Quang Trach II LNG-fired power plant’s feasibility study report.
Gasoline prices up by over P1/liter Tuesday; diesel, kerosene by over P2/liter

Motorists will have to tighten their belts for another week, as fuel retailers on Monday announced a major pump price hike to mark the third straight week of upward adjustments.
Marcos signs into law bill promoting development of PH natural gas industry

President Ferdinand ”Bongbong” Marcos Jr. has signed into law the measure promoting the development of the Philippine Natural Gas Industry.
Russia offers to provide LNG, crude oil to Vietnam

HANOI, Jan 15 (Reuters) – Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the two countries said on Wednesday.
First of Several LNG-Fueled Power Plants Comes Online in Vietnam

PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located in Dong Nai province, near Ho Chi Minh City in southern Vietnam.
Gasoline prices will not fluctuate much in 2025: expert

HÀ NỘI — Global gasoline prices will not fluctuate much in 2025, according to Đoàn Quyết Tiến, an expert from the Vietnam Petroleum Institute (VPI).
Singapore’s Rotary Engineering to establish new hub in Brunei, eyes further expansion into Borneo

BANDAR SERI BEGAWAN – Brunei’s government has just inked a joint venture deal with Singapore’s Rotary Engineering Pte Ltd to establish a local subsidiary offering infrastructure services for the domestic oil and gas industry.
PM wants Vietnam’s first LNG power plants online by June as delays loom

Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.