gaz

Retail Asia02/06/2023

Cooking gas prices have decreased on June 1 following the falling prices in world market. The retail prices of Petrolimex gas (including VAT) in June in Hanoi is VND371,600 ($15.82) per 12 kg cylinder; down VND33,640. Nghiem Xuan Cuong, head of the Commercial and Civil Gas Sales Department under Petrolimex Gas JSC said that the […]

Retail Asia02/12/2022

Cooking gas prices rose on Thursday in Ho Chi Minh City and other southern localities, with a 12-liter cylinder now costing VND438,000 (US$17.78), 3.06% higher than before. This is the second increase since November after prices fell for six months in a row from May. Global rates have gone up by 1.56% to $650 per […]

Retail Asia10/02/2022

Gasoline shortages have been occurring only in a few southern locations and the country has adequate reserves to fully meet demand, the industry ministry has assured. Shortages are only reported by small distributors who want to hold on to their stocks to push prices up, Deputy Minister of Industry and Trade Do Thang Hai said at […]

Retail Asia10/05/2021

Petrolimex has reported pre-tax profits of over VND1 trillion ($44 million) in the first quarter thanks to the Covid-19 pandemic being contained and rising global oil prices. It has made a loss of VND1.7 trillion in the same period last year. The management of the country’s top fuel retailer said oil prices had risen 24 […]

Retail Asia03/05/2021

Indian state refiners’ local fuel sales in April declined due to state-level restrictions aimed at stemming a rampant second wave of coronavirus infections, preliminary data shows. The deadly second wave topped 400,000 new daily cases for the first time on Saturday. Authorities reported 401,993 new cases in the previous 24 hours, the highest daily count […]

Retail Asia31/10/2019

Fuel giant BP Australia has joined 7-Eleven and pulled two “M+” rated magazines from its 350 petrol outlets across the country after complaints they sexualized young girls and promoted harassment. People and The Picture magazines, published by Bauer, will be pulled from the shelves BP has confirmed. “M+ rated magazines will no longer be stocked […]

Retail Asia16/10/2019

Fuel price rates continued a downward trend for the second day on Friday. Delhi, Kolkata, and Mumbai saw a decline of 18 paisa a litre on petrol and Chennai 19 paisa per litre. Similarly, diesel rates also reduced by 8 paisa a litre in Delhi, Kolata and Mumbai and in Chennai the reduction was by […]

Retail Asia11/12/2017

German carmaker Volkswagen is in talks to buy a stake in GAZ, a Russian manufacturer of light commercial vehicles (LCV), five sources familiar with the talks told. It was not immediately clear how big a stake is being discussed or the value of the deal. GAZ is a part of the Basic Element group that […]

Retail Asia17/05/2017

Petron, the country’s biggest oil refiner and retailer, has partnered with two foreign firms to start building a new oil refinery worth $15 million to $20 billion by early 2018. “This is the biggest investment in the Philippine history so far. Have you seen a plant that is worth that much?” Ramon Ang, president and chief executive […]

Retail Asia07/02/2017

South Korean motorists pay much higher oil taxes than their counterparts in the United States and Japan, a report said Monday, sparking calls for the government to lower them. According to the report by online crude price provider Opinet, gasoline prices in South Korea averaged 1,455 won ($1.28) per liter in December last year, with […]

Retail Asia02/02/2017

The price of petrol has gone up because the price of refined petrol has increased, even though crude oil prices have dropped. In refuting allegations by the opposition, the Barisan Nasional Strategic Communications Team said today Malaysians used refined petrol, not crude oil. It noted that refined petrol prices might differ from crude oil prices […]

Retail Asia26/08/2016

Harga-BBM-Sudah-Naik-Pertamina-Justru-Catat-Kerugian-Rp12triliun-1024x743.jpg

PT Pertamina reported US$1.83 billion (Rp23.8 trillion) in net profit in the first half of the year, or an increase of 221 percent from the same period last year. Chief Executive of the state-owned energy company Dwi Soetjipto attributed the increase in profit to improved performance of its business units and efficiency in operation. “We […]

Retail Asia25/05/2016

Foreign investors have shown strong interest in the downstream oil and gas business in Indonesia. A leading Hong Kong-based company recently announced its interest in investing in the filling station business in Southeast Asia’s largest economy. The company’s investment interest was expressed during a business forum event that featured the Head of the Investment Coordinating […]

Tag: gaz

Cooking gas prices fall in June

Cooking gas prices up 3%

Gas shortages in few places in Vietnam

Petrolimex reports $44 mln profit

Huge Rise In Coronavirus Cases Hit India’s April Fuel Demand

BP pulls sexualised magazines from stores

Petrol, Diesel Prices Go Down For Two Days In A Row

VW in talks to buy stake in Russia’s GAZ

Petron to start $20B oil refinery in early 2018

Korean motorists pay high oil taxes

BN explains why petrol prices have gone up

Pertamina Reports Net Profit rp23,8 Trillion Six Months

Hong Kong Investors Eye Filling Station Business in Indonesia