new chairpersons for vietnams three state giants

New chairpersons for Vietnam’s three state giants

State-run PetroVietnam, Vinacomin and Vinatex will have new chairpersons.
prista oil to co operate on oil recycling plant

Prista Oil to co-operate on oil recycling plant

Bulgaria’s Prista Oil will co-operate with the state-run PetroVietnam to set up an oil recycling plant to manage and treat used oil in Vietnam.
pvc begins divestment drive

PVC begins divestment drive

PetroVietnam Construction last week announced that it would divest from 13 listed companies by the end of 2015 but its proposal could face difficulties as it targets a par value payment on its shares.
vn russian companies ink gas deal

VN, Russian companies ink gas deal

The PetroVietnam Gas Corporation (PV GAS) will buy liquefied natural gas from Russia's Gazprom M&T for a warehouse project at Thi Vai Port in the southern Ba Ria-Vung Tau Province.
petrovietnam eyes itochu stake in 80m ethanol plant

PetroVietnam eyes Itochu stake in $80m ethanol plant

PV Oil – the wholly owned subsidiary of the state-run PetroVietnam – recently said it was considering negotiating with Itochu and Licogi 16 to buy out a 71 per cent stake in the joint venture to build an $80 million ethanol factory in the southern province of Binh Phuoc.
petrovietnam set to buy chevron gasfield stake

PetroVietnam set to buy Chevron gasfield stake

The Vietnamese government recently gave PetroVietnam the go-ahead to buy its US partner Chevron’s 42.38 per cent stake in the $4.3 billion Block B and 48/95 gas projects.
petrovietnam enters global 500

PetroVietnam enters Global 500

The Viet Nam Oil and Gas Group (PetroVietnam) has become the first Vietnamese corporation to enter the Fortune Global 500 list, also known as the Global 500, which is an annual ranking of the top 500 corporations worldwide by revenue.
pvn signs contract for new power station

PVN signs contract for new power station

The National Oil and Gas Group (PetroVietnam) and a consortium of three companies signed a contract for the Long Phu 1 thermal power plant in Ha Noi yesterday.
thermal power project warms up

Thermal power project warms up

big profits for vietnams three biggest energy groups in jan nov

Big profits for Vietnam’s three biggest energy groups in Jan-Nov

The three biggest energy groups of EVN, PetroVietnam and Vinacomin have reported high earnings in the first 11 months of the year.
vietnams 500 largest firms announced

Vietnam’s 500 largest firms announced

The Vietnam National Oil and Gas Group (PetroVietnam) once again tops the list of the 500 largest enterprises in 2013.
pvn posts 2985b in turnover

PVN posts $29.85b in turnover

The Viet Nam National Oil and Gas Group (PetroVietnam) has announced a turnover of VND627 trillion (US$29.85 billion) over the past 10 months, or 0.4 per cent more than the same period last year.
over 200 mln for second lift off oil rig

Over $200 mln for second lift-off oil rig

The PetroVietnam Marine Shipyard JSC (PV Shipyard) and the Vietnam -Russia Oil and Gas Joint Venture (Vietsovpetro) have recently signed a $200 million contract on building a new lift-off oil rig in Vietnam.
work started on vietnams biggest petrochemical project

Work started on Vietnam’s biggest petrochemical project

The Vietnam National Oil and Gas Group, better known as PetroVietnam, and its foreign partners have launched thegroundbreaking ceremony for Nghi Son petrochemical complex, one of the largest foreign-invested projects in Vietnam currently, in the central province of Thanh Hoa.
nghi son refinery breaks ground

Nghi Son refinery breaks ground

Construction on the Nghi Son oil refinery and petrochemical complex kicked off today as a joint venture between PetroVietnam, Kuwait Petroleum International, Japan’s Idemitsu Kosan and Mitsui Chemicals in the central Thanh Hoa province.