US firm strikes deal to settle Vietnam refineries corruption cases

US firm strikes deal to settle Vietnam refineries corruption cases

American chemical maker Albemarle Corporation has struck a $218 million plus deal with the U.S. justice department to settle corruption cases in Vietnam, Indonesia and India.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam conglomerate Bitexco to acquire oil-gas Block 12W for $84 mln

Vietnam conglomerate Bitexco to acquire oil-gas Block 12W for $84 mln

Big Energy JSC under Vietnamese conglomerate Bitexco Group has announced it will acquire a stake in oil-gas Block 12W for $84 million.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Malaysia energy firm Yinson renews lease on Petrovietnam vessel for $75 mln

Malaysia energy firm Yinson renews lease on Petrovietnam vessel for $75 mln

Malaysia’s Yinson Production will pay $74.6 million for a five-year extension on a bareboat charter contract for the PTSC Bien Dong 01, a floating storage and offloading (FSO) vessel owned by Petrovietnam’s technical arm PTSC.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Pharos Energy records $185 mln revenue from Vietnam operation in 2022

Pharos Energy records $185 mln revenue from Vietnam operation in 2022

Pharos Energy recorded a revenue of $184.8 million from its Vietnam operations in 2022, up 41% year-on-year, according to the London-headquartered firm’s preliminary result.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7