Monday, 26/02/2024 | 06:30 PM

Oil News

Saudi Arabia Needs More Oil to Feed Local Refinery Expansion 03/17/2015 02:20 PM

Saudi Arabia’s plans to expand local refineries while maintaining its share of the global crude market point to one thing: higher production.

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Oil prices drop on strong dollar, US crude hits six-year low 03/16/2015 11:01 AM

Oil prices fell sharply in early Asian trade on Monday, with U.S. crude dropping more than 2 percent to a six-year low after the dollar hit fresh highs and concerns grew that the United States might run out of oil storage.

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India affirms long-term cooperation with Vietnam in petroleum exploration and production in the East Sea 03/11/2015 10:46 AM

India's new government continues to treat Vietnam as one of the pillars of India's Look East policy. It was confirmed by the Indian External Affairs Minister Sushma Swaraj in the talks with Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh yesterday (25th August) in her official visit to Vietnam from 25th to 26th August.

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Russia gives “green light” to investment from Vietnam 03/09/2015 10:57 AM

The Voice of Russia (on 5th August night) revealed that Russia ranked third in the world in terms of foreign investment. In 2013 only, Russia attracted foreign direct investment of more than 94 billion USD.

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