PM Chinh directed the Vietnam National Industry - Energy Group (Petrovietnam) to work closely with relevant agencies and Thanh Hoa province to begin construction immediately, serving both the Nghi Son refinery and petrochemical plant and national reserves.
Bien Dong Petroleum Operating Company (Biendong POC), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has reported that its revenue in the first six months of 2021 exceeded the set plan by 4%.
The PetroVietnam Drilling & Well Service Corporation (PV Drilling)’s rig PV Drilling III will implement its contract to drill five new wells for Kris Energy in Cambodia for three months, starting October.
The Vietnam Oil and Gas Group (PetroVietnam)’s exploited crude oil output in the first four months of 2020 reached 7.2 million tonnes of oil equivalent, exceeding its set target by 7.7 percent, despite difficulties caused by the COVID-19 pandemic and a sharp decrease in oil prices.
PetroVietnam Power Corporation (PV Power) has said that a consortium of Citibank and Ingbank will arrange funds for the construction of its gas-fired power plants Nhon Trach 3 and 4 in the southern province of Dong Nai.
The Ministry of Public Security’s Security Investigation Agency has proposed prosecuting Dinh La Thang, former Chairman of the Board of Directors of the Vietnam Oil and Gas Group (PetroVietnam) and nine accomplices on charges of violating regulations on construction works, causing serious consequences at the Petrochemical and Bio-Fuel JSC (PVB) - a subsidiary of this group.
PSNews – PetroVietnam (the Vietnam Oil and Gas Group) on July 12 launched the photo exhibition named “60 years of petroleum industry implementing Uncle Ho's will” in Hanoi.
PSNews – PetroVietnam on July 18 in collaboration with the Petrochemical Joint Stock Company (PVTex) and the Vietnam National Textile and Garment Group (Vinatex) signed a contract in principle with the Dinh Vu fiber processing factory on consuming synthetic fiber products.
The PetroVietnam Exploration Production Corporation (PVEP) organized a meeting on December 19 to review its operation in 2019 and roll out its working plans for 2020.
Vietnam Report announced the VNR500 – Top 500 largest companies in Vietnam in 2019, in which PetroVietnam and its affiliate are two of the 10 largest companies.
PSNews – In spite of numerous obstacles and challenges, the Vietnam National Oil and Gas Group (PetroVietnam), reached its production and business targets of 2019 in October, two months ahead of the plan.
Reporting 50.6 trillion VND (2.17 billion USD) in before-tax profit in 2018, the Vietnam Oil and Gas Group (PetroVietnam) has become the most profitable corporation in the country.
Fitch assesses the socio-political implications of a PVN default as `Very Strong`. Any disruptions in PVN`s operations would have material implications for the entire energy value chain in Vietnam.
The Vietnam National Oil and Gas Group (PetroVietnam) has reported an estimated revenue of 111.8 trillion VND (over 4.8 billion USD) in the first two months of 2019, surpassing its target by 8 percent.
PSNews - Under the sound leadership of the Party, the State, PetroVietnam (the Vietnam Oil and Gas Group) with its restless innovation and strong will gained numerous great achievements in all fields of its operation in 2018.
Police on January 20 launched criminal proceedings against Dinh La Thang, former Chairman of the Vietnam National Oil and Gas Group (PetroVietnam), for his suspected violations regarding the Petrochemical and Bio-Fuel JSC – a subsidiary of this group.
More than 2.34 billion shares of the PetroVietnam Power Corporation (PV Power) will be listed on the Ho Chi Minh Stock Exchange (HoSE) under the code POW on January 14, 2019.
