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AI

The Gas Turbine Shortage: Is It a Good Thing for the Environment?

October 2, 2025 Clark Savage

In the rapidly evolving energy landscape of 2025, a critical shortage of gas turbines is raising eyebrows across the industry. These turbines, essential for natural gas-fired power plants, are in short supply due to limited […]

HD Hyundai
Finance

HD Hyundai buys Doosan’s Vietnam yard for $207m

August 22, 2025 Clark Savage

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility, in a transaction worth 290bn […]

No Picture
Electrical Generation / Utilities

Deal signed for Vietnam’s Cong Thanh LNG power plant

August 21, 2025 Clark Savage

PECC2 said the deal for the implementation of the Cong Thanh LNG power plant project, with a total capacity of 4,500 MW, was signed in Ho Chi Minh City on August 19. The first phase […]

Karpowership
Electrical Generation / Utilities

Karpowership eyes Vietnam LNG-to-power project

July 22, 2025 Clark Savage

The company revealed this in a social media post on Monday. “Last week in Hanoi, we met with Vietnam’s Ministry of Industry and Trade (MOIT), Electricity of Vietnam (EVN), and other key stakeholders to present […]

PV Power
Electrical Generation / Utilities

PetroVietnam Power says second LNG power plant connected to grid

July 1, 2025 Clark Savage

PV Power said in a statement that the plant generated 50 MW of electricity as part of its testing phase. The LNG power plant is expected to start commercial operation in November this year, after […]

PetroVietnam
Electrical Generation / Utilities

PetroVietnam Power fires up Nhon Trach 4 LNG power plant

June 26, 2025 Clark Savage

According to a statement by PetroVietnam, the first ignition milestone took place on June 6. PV Power expects to launch the commercial operation of the Nhon Trach 4 LNG power plant, with a capacity of […]

Vingroup
Electrical Generation / Utilities

Vingroup, VinEnergo join forces on LNG power plant

June 12, 2025 Clark Savage

Vingroup said on Wednesday that its board of directors has approved the group’s participation in a joint venture with VinEnergo. The two firms will jointly invest in the Hai Phong LNG power plant project in […]

Cai Mep LNG
International News

Vietnam’s Cai Mep LNG terminal gets commissioning cargo

June 4, 2025 Clark Savage

The 2006-built 145,000-cbm steam LNG carrier, Blue Dragon I, previously known as Stena Blue Sky, was at the Cai Mep LNG terminal in Vung Tau district, South Vietnam, on Wednesday, according to AIS data provided […]

Crude Oil News

Velesto jackup to drill over 40 wells in Vietnam

May 21, 2025 Stu Turley

ENB Pub Note: Vietnam has a monopoly structure run by PetroVietnam and was not mentioned in the article from Asiaoffshore. The update on the new offshore jackup is good news for new drilling as it […]

Imports

Petronas delivers first LNG cargo to PetroVietnam Gas

April 22, 2025 Clark Savage

Malaysian energy giant Petronas has delivered the first liquefied natural gas (LNG) cargo to PetroVietnam Gas, a unit of state-owned PetroVietnam. According to a statement by Petronas on Tuesday, its unit Petronas LNG delivered the […]

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