The Asia-Pacific crude market surged on Friday after Indian Oil Corp bought a cargo of Kikeh crude for September loading, the first cargo of any Malaysian grades IOC has purchased via tender in four months. For full story, click here
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Friday, June 12, 2009
Vietnam will halt term exports of its flagship Bach Ho crude next quarter as it diverts supplies to its first major refinery, further tightening the Asia-Pacific market. For full story, click here
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Monday, August 11, 2008
US based Pacific Development Group is planning to construct an oil refinery capable of annually processing 10 million tons of crude oil in Vietnam’s southern Ca Mau province. Le Huynh Ky, director of the provincial Planning and Investment Department, said to Vietnam Investment Review : The group will sign a memorandum of understanding with Ca Mau next [...]
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Friday, July 3, 2009