petrovietnam proposes 2b dung quat expansion while negotiating sale to gazprom

PetroVietnam proposes $2b Dung Quat expansion while negotiating sale to Gazprom

State petroleum giant PetroVietnam held a meeting with government authorities this morning, October 27, to report on the expansion plan for the Dung Quat oil refinery.
major shares drag markets down

Major shares drag markets down

Hanoi - Investors' caution prevailed last week because of heavy profit-taking in the Vingroup real estate company and PetroVietnam Gas (GAS), as well as bad news for Ocean financial group (OGC).
petrovietnam plans to equitise three subsidiaries this year

PetroVietnam plans to equitise three subsidiaries this year

Vietnam National Oil and Gas Group (PetroVietnam) said that by the end of the year it would equitise three companies in its group, Ca Mau Fertiliser Co Ltd, Binh Son Refining and Petrochemical Co Ltd, and Dung Quat Shipbuilding Industry Co Ltd.
hcm city stocks bounce back with help from vinamilk petrovietnam

HCM City stocks bounce back with help from Vinamilk, PetroVietnam

Shares on the HCM City Stock Exchange rebounded yesterday after Tuesday's losses and received a boost from major blue chips such as Vinamilk (VNM) and PetroVietnam Gas (GAS).
new jv set up to exploit oil gas in russia

New JV set up to exploit oil & gas in Russia

PetroVietnam and Rosneft will establish a joint venture company to explore and exploit two oil wells at Pechora Sea, north-west of Russia, which have a combined geological reserve of 1 billion tonnes and a recoverable reserve of 200 million tonnes.
leading urea maker suffers from input price rise increased competition

Leading urea maker suffers from input price rise, increased competition

PetroVietnam Fertilizer and Chemicals Corporation (HOSE:DPM) posted a sharp drop in profits in the second quarter this year due to an increase in the input price and more fierce competition from domestic and foreign producers alike.
petrovietnam hits 65 percent of yearly goal

PetroVietnam hits 65 percent of yearly goal

Hanoi - Oil and Gas Group PetroVietnam achieved 65 per cent of its 2014 target after it earned VND434 trillion (US$20.4 billion) in profits in the first seven months of the year.

Nam Con Son 2 gas pipeline project gearing up

The first phase of PetroVietnam’s biggest project yet, Nam Con Son 2 Gas Pipeline in Ba Ria-Vung Tau province, is set to come on-line by mid next year.
pvn reaches target at the expense of efficiency

PVN reaches target at the expense of efficiency

Despite issuing positive first-half results, it appears petroleum giant PetroVietnam may be losing out on efficiency.
petrovietnam achieves h1 goals

PetroVietnam achieves H1 goals

Hanoi - The Viet Nam Oil and Gas Group (PetroVietnam) reached all targets in production and business for the first half of this year, according to the group's press release yesterday.
12 9 cement project between rock and hard place

12-9 cement project between rock and hard place

12-9 PetroVietnam Cement Joint Stock Company’s cement plant project in Nghe An province has stalled due to a capital shortage.
gazprom eyes 49 stake in dung quat oil refinery

Gazprom eyes 49% stake in Dung Quat Oil Refinery

Gazprom Neft plans to buy a 49% share in Binh Son Refining and Petrochemical, a member of PetroVietnam, which also controls and manages the Dung Quat refinery.
chevron and its partners extend support to vietnamese children

Chevron and its partners extend support to Vietnamese children

Chevron Vietnam Ltd., PetroVietnam Exploration Production Corporation Ltd. (PVEP), Mitsui Oil Exploration Co., Ltd. (MOECO), and PTT Exploration and Production Plc. (PTTEP) together with the National Fund for Vietnamese Children (NFVC) on June 2 announced an extension to the programme supporting school upgrades and scholarships for more than 800 schoolchildren in the Mekong Delta region in 2014.
petrovietnam secures oil deal with russias rosneft

PetroVietnam secures oil deal with Russia's Rosneft

Russian firm Rosneft will provide six million tonnes of oil annually via the Kozmino terminal during the 2014-39 period for the Dung Quat Oil Refinery in Viet Nam.
vietnam coast guard receives 570000 high speed craft

Vietnam Coast Guard receives $570,000 high-speed craft

The Vietnam National Oil and Gas Group, also known as PetroVietnam (PVN), gave a high-speed craft worth VND12 billion (US$570,000) to the Vietnam Coast Guard at an event held in the southern city of Vung Tau on Monday.