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energy supply
News updates related to energy supply
The Ministry of Industry and Trade is closely monitoring the roadmap for supplying E10 bioethanol fuel starting from June 1st.
The Department of Domestic Market Management and Development requires provinces and cities to ensure the infrastructure and supply of E10 gasoline, absolutely preventing any disruptions.
Market
Why does Europe continue to depend on Russian LNG?
Despite sanctions and efforts to diversify supply sources, Russia's liquefied natural gas (LNG) imports into Europe in the first quarter of 2026 reached their highest level in four years. This...
Global oil supply is tightening, with inventories projected to fall to a level equivalent to 98 days of consumption.
Goldman Sachs warns that global oil inventories could fall sharply by the end of May 2026, while the Asian region recorded its lowest import levels since 2015.
Why is Europe increasing its calls to return to buying Russian energy?
Amidst the energy crisis and rising geopolitical tensions, an increasing number of European politicians are calling for a reconsideration of energy purchases from Russia.
President Putin's special envoy: EU is at the bottom of the list waiting for energy supplies from Russia.
This is the assessment of the Russian Federation President's Special Envoy for International Economic and Investment Cooperation.
World oil prices surpass $110, energy supply disrupted by conflict in Iran.
Conflicts in the Middle East have disrupted 20% of global oil and LNG supplies, driven energy prices up by 50%, and directly threatened global food security.
Vietnam imported 38,000 tons of LPG from Australia to ensure domestic energy supply.
Under pressure from the Middle East, Petrovietnam and PV GAS have imported nearly 38,000 tons of LPG from Australia to ensure stable domestic energy supply until May 2026.
Europe rules out gas purchases even in the event of EU-wide power outages.
March 20, 2026 13:53
According to the President of the European Commission, a scenario of returning to supplies from Russia will not happen, even if Europe faces a bloc-wide energy shortage.
President Trump lifted oil sanctions on several countries in an effort to cool down energy prices.
March 10, 2026 09:10
US President Donald Trump announced the decision to lift sanctions against several countries related to oil supply aimed at controlling prices.
Hungary successfully negotiated with Russia regarding energy supplies.
November 29, 2025 10:06
The main objective of the Hungarian Prime Minister's visit was achieved; Russia remains a reliable source of electricity for Hungary.
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