pvd in nosedive after arrest of former chairman

PVD in nosedive after arrest of former chairman

PVD stock plunged since the news of arresting former chairman to investigate abuse of position as PVEP’s CEO to receive money of Oceanbank.
shell tempted by return to vietnamese fuel sector

Shell tempted by return to Vietnamese fuel sector

After selling its Vietnamese stakes, Royal Dutch Shell PLC is hunting for opportunities to penetrate deeper into the country’s fuel ­distribution system through acquiring a stake in PetroVietnam Oil Corporation to renew ambitions after years of delay. The path for its return, however, ­remains unclear.
former general director of vinashin arrested

Former general director of Vinashin arrested

Truong Van Tuyen, former general director of Shipping Industry Corporation (Vinashin) has been accused of involvement in the appropriation of VND105 billion ($4.57 million) in under-the-table interests paid by Oceanbank.
nghi son refinery starts commercial operations in november

Nghi Son refinery starts commercial operations in November

Nghi Son Petrochemical Refinery, invested by Nghi Son Refinery Co., Ltd. (NSRP), officially came into commercial operation on November 14, after more than four years of construction.
petrovietnam flies over 11 month targets

PetroVietnam flies over 11-month targets

In the first 11 months of 2018, Vietnam National Oil and Gas Group (PetroVietnam) surpassed business targets, including profit, revenue as well as oil and gas production.
shell wants to become lng supplier for petrovietnam

Shell wants to become LNG supplier for PetroVietnam

Royal Dutch Shell PLC expressed its interest in becoming the liquefied natural gas (LNG) supplier for PetroVietnam’s projects, while simultaneously penetrating deeper into the Vietnamese petroleum distribution system via acquiring a stake in PetroVietnam Oil Corporation (PV Oil).
natural gas for electricity generation source clean yet costly

Natural gas for electricity generation source: clean yet costly

Considered a clean alternative to coal-fired power, gas power plants in Vietnam are challenged by the price of electricity.
pv power to list 234 billion shares on hsx

PV Power to list 2.34 billion shares on HSX

PetroVietnam Power Corporation (PV Power), Vietnam’s second largest electricity producer, plans to complete the listing of 2.34 billion shares on the Ho Chi Minh City Stock Exchange (HSX) in this quarter.
19 soes in the hands of super committee

19 SOEs in the hands of Super Committee

Now that the Ministry of Agriculture and Rural Development has handed over five corporations and groups, the Committee for State Capital Management has officially taken over 19 state-owned enterprises.
petrovietnam exceeds targets by october

PetroVietnam exceeds targets by October

PetroVietnam outperformed its targets for October and the first 10 months of the year alike, setting itself on track for rosy full-year results.   
petrovietnam refutes baseless allegations on pvtex and bsr alliance

PetroVietnam refutes baseless allegations on PVTex and BSR alliance

PetroVietnam – the representative unit of PVTex – affirms that the the contract between Binh Son Refining and Petrochemical Co., Ltd. and PVTex to buy PP (Polypropylene) plastics for production at the Dinh Vu polyester plant is fully legal.
us sanction on contractor delays long phu 1 thermal power plant

US sanction on contractor delays Long Phu 1 thermal power plant​​​​​​​

Long Phu 1 thermal power plant is riddled by uncertainties around international loans as the project contactor is subject to sanctions from the US.
dung quat bio ethanol to resume operations in mid october

Dung Quat Bio-Ethanol to resume operations in mid-October

Dung Quat Bio-Ethanol Fuel factory invested by PetroVietnam Central Biofuels JSC (BSR-BF) will resume operations in mid-October, contributing to increasing E5 fuel supply and decreasing retail prices.
former pvtex chairman sentenced to 28 years in prison

Former PVTex chairman sentenced to 28 years in prison

Four former officials of PVTex have been sentenced to a total of 58 years in prison for embezzlement and bribery.
petrovietnam considers merger of two biggest fertiliser firms

PetroVietnam considers merger of two biggest fertiliser firms

PetroVietnam is laying out plans to divest capital from the two biggest Vietnamese fertiliser companies – PetroVietnam Fertiliser & Chemicals Corp (DPM) and PetroVietnam Ca Mau Fertiliser Joint Stock Company (DCM) – to submit to authorities for consideration.