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Search Results: 545 results for keyword "Petrovietnam".
Second trial of Dinh La Thang to be opened on March 19
24-02-2018 17:50
Dinh La Thang and six defendants are accused of causing VND800 billion ($35.3 million) in damages to state-run Vietnam Oil and Gas Group (PetroVietnam) through a capital contribution deal in OceanBank.
VinaCapital injects $45 million into oil and power stocks
22-02-2018 17:16
VinaCapital Vietnam Opportunity Fund has taken initiative to invest nearly $45 million in Binh Son Refining and Petrochemical Company and PetroVietnam Power Corporation (PV Power) at their January initial public offerings (IPO).
PTSC to make $57 million investment aboard
22-02-2018 17:11
PetroVietnam Technical Services Corporation (PTSC), a subsidiary of PetroVietnam, will contribute $57 million to the establishment of a joint venture company with Yinson Clover Ltd. (YCL) in the Marshall Islands.
EVN Genco 3 reports unsuccessful IPO
06-02-2018 18:34
While PetroVietnam Power Corporation (PV Power)’s shares sold out at its initial public offering (IPO), Power Generation Corporation 3 (EVN Genco 3) proved unmarketable with only 2.8 per cent of the offered shares registered for sale.
E5 fuel makes up 65% of petrol sales
05-02-2018 10:41
The number of local consumers using E5 petrol in their autos has been increasing rapidly, though bio-fuel has only been put into use nationwide for just the past month.
PV Power acquires $308.2 million from IPO
31-01-2018 18:47
PetroVietnam Power Corporation (PV Power) acquired VND6.99 trillion ($307.8 million) from selling 468.37 million shares, equalling 20 per cent of its charter capital, via its initial public offering (IPO) organised this morning.
PV Oil collects $190 million from IPO
30-01-2018 17:00
PetroVietnam Oil Corporation (PV Oil) succeeded in conducting its initial public offering (IPO) by selling all 207 million shares offered, equalling 20 per cent of its charter capital. The average share price was VND20,196 ($0.89), fetching VND4.16 trillion ($184.9 million) in proceeds for the company.
Foreign giants looking to become strategic investors in PV Gas
29-01-2018 12:40
PetroVietnam Gas JSC (PV Gas) plans to sell 30 per cent of its total shares by 2020. Shell, Total, and Tokyo Gas have already expressed their desire to become strategic investors in the company.
PV Oil is courted by global oil giants
17-01-2018 10:47
Six overseas investors are vying for majority stakes at state-owned PetroVietnam Oil Corporation, competing against two domestic bidders.
Procuracy finds group benefits in Dinh La Thang case
15-01-2018 16:36
The People’s Procuracy of Hanoi has held that Dinh La Thang appointed a bidding for PVC (PetroVietnam Construction JSC) due to “group benefits” at the $1.7-billion Thai Binh 2 thermal power plant project.
PVC misused trillion-dong advance payment
08-01-2018 20:04
Almost all of the $6.6 million and VND1.3 trillion ($59 million) that PetroVietnam paid to PVC as advance payment to implement the engineering, procurement, and construction (EPC) contract for the $1.7-billion Thai Binh 2 thermal power plant was used to pay for PVC’s loans in banks.
New chairman of PetroVietnam officially takes office
03-01-2018 21:42
This morning, Prime Minister Nguyen Xuan Phuc attended the announcement ceremony and handed over the decision to appoint Tran Sy Thanh as Secretary of the Party Committee and Chairman of Vietnam National Oil and Gas Group (PetroVietnam).
PV Gas hit with $5 million in tax arrears
03-01-2018 16:39
PetroVietnam Gas Joint Stock Corporation (PV Gas) will have to pay VND106 billion ($4.67 million) in tax arrears, including missed tax payments and the resulting fine.
PV Power and BSR posting high profit before IPO
02-01-2018 13:51
The two subsidiaries of Vietnam's oil and gas group PetroVietnam reported high profits in 2017.
Trial of Dinh La Thang and 21 others to start on January 8
27-12-2017 17:37
On January 8, 2018, the Hanoi People’s Court will open the first instance hearing of the trial of Dinh La Thang and 21 other defendants in relation to serious economic crimes at PetroVietnam Construction Corporation (PVC), according to newswire Vnexpress.
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