petrovietnam continues 3 year floundering

PetroVietnam continues 3 year floundering

National oil and gas group PetroVietnam posted an on-year decrease in revenue in the first nine months of this year, continuing the negative trend of the past three years.
vietnam arrests former petrovietnam executives

Vietnam arrests former PetroVietnam executives

HANOI: Four former top brass from Vietnam's state-run oil and gas giant PetroVietnam have been arrested for allegedly costing the firm nearly US$150 million in losses, the government said Friday (Sep 16).
dung quat refinery operators ipo expected by end of 2017

Dung Quat refinery operator’s IPO expected by end of 2017

Binh Son Refining and Petrochemical Co., Ltd. (BSR), wholly-owned by Vietnamese state-run oil and gas group PetroVietnam, has released plans to launch its initial public offering (IPO) at the end of 2017.
evn proposed to take over pvns 17 billion power project

EVN proposed to take over PVN’s $1.7 billion power project

State-run Electricity of Vietnam (EVN) may replace Vietnam’s oil and gas group PetroVietnam to develop the long-delayed thermal power plant Quang Trach 1 in the central province of Quang Binh, according to newswire Phapluatvietnam.vn.
exxonmobil pushes on with gas to power complex

ExxonMobil pushes on with gas-to-power complex

ExxonMobil Corporation from the US is eager to co-operate with Vietnamese state-run oil and gas group PetroVietnam to develop the gas-to-power complex located in the central provinces of Quang Nam and Quang Ngai.
pm divides multi billion dollar power project among competing provinces

PM divides multi-billion dollar power project among competing provinces

The US’ ExxonMobil Corporation and Vietnam’s state-run oil and gas group PetroVietnam’s multi-billion dollar gas-to-power complex is a step closer to implementation as Prime Minister (PM) Nguyen Xuan Phuc has approved the project location.
pv drilling provides drilling services for myanmar company

PV Drilling provides drilling services for Myanmar company

The PetroVietnam Drilling and Well Services Corporation (PV Drilling) will provide a drilling rig and drilling services for Myanmar from October, PetroVietnam (PVN) said on August 22.
pvfcco finds japanese partners for ammonia plant

PVFCCo finds Japanese partners for ammonia plant

PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) will co-operate with Japanese partners to develop an ammonia (NH3) plant to meet the increasing demand of fertiliser, rubber as well as domestic petrochemical manufacturers.
nghi son refinery might prove costly endeavour to investor and state

Nghi Son refinery might prove costly endeavour to investor and state

The newest report released by the State Budget Department under the Ministry of Finance shows that the Nghi Son refinery and petrochemical complex’s 2017 start of operation will dent a hole in both investor PetroVietnam’s finances and the state budget.
dung quat refinery makes profit despite cries of impending doom

Dung Quat Refinery makes profit despite cries of impending doom

Binh Son Refining and Petrochemical Co. (BSR), a member of Vietnam’s oil and gas group PetroVietnam, which manages the country’s sole refinery, Dung Quat, made a profit in the first half of 2016, even though the government has not yet agreed to its proposals for preferential treatment.
petroleum firms posting first half flat business results

Petroleum firms posting first-half flat business results

In the first half of this year, despite surpassing their output targets, most of the exploration and production firms under state-run oil and gas conglomerate PetroVietnam fell short of their other business targets.
shares end higher in early trading

Shares end higher in early trading

The blue chip stocks of Vingroup (VIC), Vietcombank (VCB), Hoa Phat Group (HPG) and PetroVietnam Gas Joint Stock Corporation (GAS) contributed to the recovery of the market this morning.
petrovietnam to boost new drilling

PetroVietnam to boost new drilling

PetroVietnam will continue to boost oil and gas exploration and exploitation activities this year to offset the impact of the slow recovery in crude oil prices and higher costs.
tokyo gas to break into vietnamese lng market

Tokyo Gas to break into Vietnamese LNG market

Japan's largest gas utility company Tokyo Gas is going to establish a joint venture with PetroVietnam Gas (PV Gas) and others within the month to sell liquefied natural gas (LNG).
petrovietnam to hold power company sale off

PetroVietnam to hold power company sale-off

PetroVietnam Power Corporation (PV Power) plans to sell its entire 2.88 million shares, equalling a 7.85 per cent stake, in EVN International Joint Stock Company to foreign investors on August 1, according to information published on Hanoi Stock Exchange (HNX)’s website.