pv oil silent about ipo date

PV Oil silent about IPO date

After having missed the deadline numerous times, PetroVietnam Oil Corporation (PV Oil), a member of Vietnam's oil and gas group PetroVietnam, has yet to release the specific time for its initial public offering (IPO), according to newswire Saigontimes.
petrovietnam sees increased profit after three year decline

PetroVietnam sees increased profit after three-year decline

Increasing crude oil prices helped PetroVietnam exceed its revenue and profit targets by 15 per cent in the first half of 2017.
moit outlines solutions for petrovietnams loss making projects

MoIT outlines solutions for PetroVietnam’s loss-making projects

Two projects of state-run oil and gas group PetroVietnam - Dung Quat Shipbuilding Industry Co., Ltd. (DQS) and Phu Tho bio-ethanol plant, has received approval to start bankruptcy proceedings. In addition, three more PetroVietnam projects are requested to resume operations.
pvn cracking down on losses

PVN cracking down on losses

The Viet Nam National Oil and Gas Group (PetroVietnam) has decided to form teams to handle its loss-making projects since the snail-pace progress of the process has displeased the Government.
russian oil company signs mou with petrovietnam

Russian oil company signs MoU with PetroVietnam

ZARUBEZHNEFT, a Russian State-controlled oil company based in Moscow, and PetroVietnam Exploration Production Corporation (PVEP) signed a memorandum of understanding (MoU) on June 30.
ho tram strip inks 63 milion natural gas deal

Ho Tram Strip inks $63 milion natural gas deal

Ho Tram Project Company (HTP) and PetroVietnam Low Pressure Gas Distribution Joint Stock Company (PVGasD) has inked a memorandum of understanding that will see the Ho Tram Strip move to cleaner, greener and more efficient power within the next 15 months.
five prosecuted for massive losses at state run firm

Five prosecuted for massive losses at state-run firm

The Ministry of Public Security’s Investigative Agency has decided to prosecute five former executives of the textile factory of the State-run giant, PetroVietnam, and a subsidiary, for causing considerable economic losses.
pv power to invest in nine gas power projects

PV Power to invest in nine gas power projects

PetroVietnam Power Corporation (PV Power) is preparing to implement the construction of nine gas-fired power plants with total output of 5,250MW, PV Power general director Nguyen Xuan Hoa said.
deposed politburo member now party central committee advisor

Deposed Politburo member now Party Central Committee advisor

Dinh La Thang, who was voted out of the Politburo on May 7 due to past mismanagement of state-owned Vietnam National Oil and Gas Group (PetroVietnam), has been appointed as a deputy chairman of the Party Central Committee’s Economic Commission.
pv power hopes to find strategic investors by the end of august

PV Power hopes to find strategic investors by the end of August

PV Power, a wholly-owned subsidiary of state-owned PetroVietnam and the second largest electricity producer in Vietnam after Electricity of Vietnam (EVN) in terms of capacity, hopes to finish its share sale to strategic investors by the end of August.
pvep sk innovation and murphy complete agreements for block 15 105

PVEP, SK Innovation and Murphy complete agreements for block 15-1/05

The US Murphy Oil Corporation, Korea’s SK Innovation and their Vietnamese partner PetroVietnam Exploration Production Corp has completed the transaction of participation right on the petroleum sharing contract for block 15-1/05 in Cuu Long basin offshore Vietnam.
long son petrochemical complex settles last issues before implementation

Long Son petrochemical complex settles last issues before implementation

In the afternoon of March 29, 2017, PetroVietnam and other involved parties in Long Son Petrochemicals Company Limited (LSP) has signed important documents related to LSP, including a joint venture contract, a company charter, and a capital transfer contract between Qatar Petroleum International Vietnam (QPIV) and Siam Cement Group (SCG), as well as finalised the project’s capital at $5.4 billion.
pvn shakes hand with us oil supermajor

PVN shakes hand with US oil supermajor

The Vietnam Oil and Gas Group (PetroVietnam) and the US-based Exxon Mobil Corporation (Exxon Mobil) signed an investment agreement concerning the Blue Whale natural gas well, under the supervision of Prime Minister Nguyen Xuan Phuc.
more foreigners can now retail fuel in vietnam

More foreigners can now retail fuel in Vietnam?

PetroVietnam Oil Corporation (PV Oil), a member of national oil and gas group PetroVietnam, will sell a 40 per cent share in the second quarter of 2017.
nghi son refinery may not be eligible for preferential selling price

Nghi Son Refinery may not be eligible for preferential selling price

PetroVietnam may not have to purchase the products of Nghi Son Refinery and Petrochemical Complex (NSRP), a joint venture between PetroVietnam, Kuwait Petroleum International, Idemitsu Kosan, and Mitsui Chemical International, at the preferential price earlier agreed upon.