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.
pv power sets stage for lng plants

PV Power sets stage for LNG plants

Liquefied natural gas, a solution to Vietnam’s energy shortage, presents new opportunities for power producers and investors alike.
production boosted by new launches

Production boosted by new launches

Some major projects boosting their operations have contributed to the Vietnamese economy’s seven-month industrial growth, which is expected to continue its uptrend until the end of the year.
changing the game with a new breed of turbines

Changing the game with a new breed of turbines

GE Power has led the world in terms of power efficiency and emission reduction with its game-changing HA gas turbines. For nations on the rise like Vietnam, the US firm’s technologies pledge widespread electrification and environmental benefits. Hai Tram reports.
nghi son refinery and petrochemicals heading for insolvency

Nghi Son Refinery and Petrochemicals heading for insolvency

Unless PetroVietnam contributes sufficient capital to its joint venture project, lenders will not disburse and Nghi Son Refinery and Petrochemicals LLC (NSRP) will default.  
chinese investors to take over petrovietnams power plant

Chinese investors to take over PetroVietnam's power plant

The list of thermal power plants in Vietnam having investment capital from China will be extended once Chinese investors are approved to take over Long Phu III thermal power plant located in the Mekong Delta province province of Soc Trang.