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Trends, pricing, and industry updates for oil & gas and industrial equipment buyers and suppliers.

Gia Lai Approves 120 MW Expansion of Sesan 4 Hydropower Plant

Gia Lai province has approved an EVN-led expansion of the Sesan 4 hydropower plant, adding 120 MW of capacity at an estimated cost of roughly VND 3 trillion, with commercial operation targeted for mid-2030.

September 13, 2026

LNG & Gas Power

TotalEnergies, T&T Group Ink $1.54B LNG Power Deal for Southern Vietnam

T&T Energy Group and TotalEnergies have agreed to jointly develop the 1,500 MW "Long Son" LNG-fired power project in Ho Chi Minh City, with TotalEnergies handling financing and fuel supply.

September 13, 2026

Oil & Gas

Vietsovpetro Achieves First Oil from New RC12 Platform at Dragon Field

Vietnamese-Russian joint venture Vietsovpetro brought its new RC12 wellhead platform at the Dragon field, Cuu Long basin, online on September 11 -- delivered 86 days ahead of its original schedule.

September 13, 2026

Energy Storage

GG Power and Cornex Sign Strategic Cooperation on Battery Energy Storage

Vietnamese manufacturer GG Power and China's Cornex have agreed to jointly develop battery energy storage systems in Vietnam, aiming to build a Southeast Asian BESS manufacturing hub.

September 13, 2026

Renewable Energy

GreenRoof Energy and Vietcombank Partner on Solar and Storage for Vietnamese Industry

Solar developer GreenRoof Energy and Vietcombank's Nam Thang Long branch are teaming up to deploy solar power and battery storage across Vietnamese industrial zones, targeting roughly 1 GW of combined capacity by 2030.

September 13, 2026

Economy

Schneider Electric Vietnam: Energy infrastructure is ready for green transportation.

(Chinhphu.vn) - Green transformation is propelling the transportation sector into a new phase of development, requiring not only the expansion of infrastructure but also the construction of smart, energy-efficient buildings that reduce emissions throughout their entire operational lifecycle. From seaports and airports to metros and high-speed railways, energy infrastructure managed by data and digital technology will be a crucial foundation for Vietnam to realize its green transportation goals.

September 11, 2026