Asian Surveying & Mapping
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UAE celebrates 11th launch anniversary of DubaiSat-1
The UAE is celebrating the 11th anniversary of the...
UAE starts rush of missions to Mars looking for signs of life
A United Arab Emirates spacecraft has rocketed into space...
Turkey’s Lake Salda may yield answers for life on Mars
Similarities between a lake in southwestern Turkey and the...
Nepal set to send new map to UN, others
NEW DELHI: After having issued a new map showing...
ISRO Launches Free Online Course On ‘Remote Sensing’ For Students, Professionals
The Indian Space Research Organisation (ISRO) through its centre,...
European Sentinel satellites to map global CO2 emissions
German manufacturer OHB-System has signed a €445m (£400m) contract...
United Launch Alliance Atlas V Successfully Launches Mars 2020 Mission for NASA
A United Launch Alliance (ULA) Atlas V rocket carrying...
Mobile Mapping Market to witness steady growth of 17% during 2020-2026
According to a recent study from market research firm...
First Responder Technologies and Falcon Eye Drones Sign an Exclusive Distribution Agreement for UAE and Wider GCC
VANCOUVER, BC - First Responder Technologies Inc. ("First Responder" or the...
Terra Drone Indonesia Obtained the First Commercial BVLOS Permit in Indonesia
Jakarta, July 20, 2020 - Terra Drone Indonesia once...

August 18th, 2011
PetroVietnam to Ramp Up Production

PetroVietnam is to be one of the nation’s leading groups, both inside and outside the country, with sharpened competitive edges and growth of up to 20 percent a year, according to a five-year plan approved by the Prime Minister. The group aims to increase oil and gas reserves and petroleum exploration output by 35-40 million tonnes and 23-34 million tonnes of oil equivalent per year respectively. By 2015, PetroVietnam would be able to produce about 16-17 million tonnes of refined oil, meeting 50-60 percent of domestic petrol demand and 60-70 percent of nitrogenous fertiliser demand.  Read More