We will not sell oil to any country that imposes a price cap on our supplies

There are many factors that influence market trends. It is estimated that the global economy will continue to grow this year and next, but there is still uncertainty about the pace of growth. In addition, China has recently begun the recovery phase after prolonged lockdowns due to the coronavirus pandemic, but the recovery period is … Read more

ENAP’s business in Africa: State opens litigation after losing $2 billion in crude oil cargo | bbcl_research

Almost 2 billion pesos lost the National Petroleum Company (ENAP), after receiving a shipment of crude oil from Angola. The decrease in the merchandise was produced by contamination in the presence of water, which opened an international arbitration. According to information compiled by the BioBioChile Investigation Unit, the events date back to March 10, 2021, … Read more

Petrolimex petrol price stabilization fund increased to 2,164 billion VND

After setting up the petrol and oil price stabilization fund, petrol prices of all kinds sold in Petrolimex’s store system were adjusted down with the following specific levels: RON 95-V gasoline from 24,350 VND/liter to 24,230 VND/liter. liter; gasoline RON95-III from 23,440 VND/liter to 23,320 VND/liter; E5RON92 biofuel from 22,540 VND/liter to 22,420 VND/liter; Euro … Read more

A fine of 20 billion VND has been imposed on petroleum enterprises

This is information stated by Mr. Nguyen Hong Dien, Minister of Industry and Trade at the explanation session on the petroleum market at the Economic Committee of the National Assembly this morning on February 28. Monitoring 24/24 petrol stations, fined 20 billion VND in the past 1 year At the explanation session, Minister Nguyen Hong … Read more

The two ministries are about to have to explain the petroleum market

Petroleum retail enterprises have suffered heavy losses for a long time, leading to supply chain disruptions leading to gasoline shortages. Photo: Viet Linh. The Economic Committee of the 15th National Assembly has just sent a document inviting petroleum enterprises to attend the explanation session on the petroleum situation of the Ministry of Industry and Trade … Read more

The two ministries of Industry, Trade and Finance will jointly explain the price of gasoline

National Assembly Vice Chairman Nguyen Duc Hai and leaders of the Economic Committee will chair this exposition session. Accordingly, representatives of the Ministry of Industry and Trade and the Ministry of Finance will explain the market situation Petroleum and results of implementation of tasks and solutions in the state management of petroleum. The two ministries … Read more