Australian mining magnate, and independent member of parliament, Clive
Palmer Wednesday threw the federal government's plans to replace the
country's carbon tax with a new emissions reduction system into
disarray. SEE MORE HA NOI (VNS) — The Ministry of Industry and Trade, recently submitted
its final draft of the amended Decree to the Government on the trading
of petrol. SEE MORE VietNamNet Bridge – A fierce debate has been raised in response
to the recent release of the UNDP’s report on the energy situation in
Vietnam. The report, conducted with the support of some Vietnamese
research institutions, says the government spends $1.2-4.5 billion a
year for fuel subsidies. SEE MORE The worsening conflict in Iraq poses a bigger risk to long-term oil
prices than traders anticipate, according to banks from Citigroup Inc.
and Bank of America Corp. SEE MORE Petrolimex, the country’s biggest importer and trader of
oil products, raised its pump prices for gasoline by 1.3 percent on
Monday, the fourth hike this year. SEE MORE