thi vai terminal receives first lng shipment

Thi Vai Terminal receives first LNG shipment

As PetroVietnam Gas (PV Gas) works to secure a long-term fuel source for further liquefied natural gas (LNG) gas power facilities, the future stable operation of power facilities in Vietnam is being hampered by a lack of infrastructure to import and store sufficient liquefied natural gas.
vietnam pushes for transfer of skypec from vietnam airlines to petrovietnam

Vietnam pushes for transfer of Skypec from Vietnam Airlines to PetroVietnam

The Vietnamese government has instructed the State Capital Management Committee (CMSC) to facilitate the transfer of the Aviation Fuel Company (Skypec) from Vietnam Airlines to Vietnam Oil and Gas Group (PetroVietnam) . This directive was issued during a meeting held on June 23 between the government, CMSC, and 19 prominent business corporations.
petrovietnam to take over two gas fired power projects from evn

PetroVietnam to take over two gas-fired power projects from EVN

PetroVietnam is approved to take over the two gas-fired power projects from EVN: O Mon III and IV.
pvs in talks with foreign investors for renewable energy investments

PVS in talks with foreign investors for renewable energy investments

PetroVietnam Technical Services Corporation (PVS) has revealed an overview of the company's successful bidding and contract acquisition for offshore wind power projects in various international markets, while emphasising the company's potential to lead in Vietnam's offshore wind power sector.
shell to provide first shipment to thi vai lng facility

Shell to provide first shipment to Thi Vai LNG facility

PetroVietnam Gas JSC (PV GAS) has signed a confirmation notice with Shell, under which the latter will provide the first liquefied natural gas (LNG) shipment to Vietnam.
dung quat oil refinery to increase capacity

Dung Quat Oil Refinery to increase capacity

Deputy Prime Minister Tran Hong Ha signed Decision No.482/QD-TTg on May 5 approving the investment planning to upgrade Dung Quat Oil Refinery located in the central province of Quang Ngai to increase output.
thai binh 2 thermal power plant officially inaugurated

Thai Binh 2 Thermal Power Plant officially inaugurated

The long-delayed Thai Binh 2 Thermal Power Plant, with a $1.2 billion investment from state-run PetroVietnam, was officially inaugurated on April 27.
pvtrans commits to further expansion in 2023

PVTrans commits to further expansion in 2023

PetroVietnam Transportation Company (PVTrans), a subsidiary of PVN, held its 2023 AGM at Lotte Legend Saigon Hotel in Ho Chi Minh City on April 11.
more oil refineries required in vietnam

More oil refineries required in Vietnam

Highly volatile petroleum prices in the global market and the fact that the current domestic supply can only meet about 70 per cent of the demand have underlined the need for more refineries in the country.
hdf energy inks mou with ptsc to build hydrogen power plants

HDF Energy inks MoU with PTSC to build hydrogen power plants

Hydrogène de France SA (HDF Energy) has signed an MoU with PetroVietnam Technical Services Corporation (PTSC) to jointly develop, finance, and build HDF's hydrogen power plants in Vietnam.
phu my fertiliser launches products for greener cities

Phu My Fertiliser launches products for greener cities

PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) has launched Phu My fertiliser product lines specialised for urban agriculture based on convenience, safety, and class.
petrovietnam seeks new epc contractor for 1200mw long phu 1 thermal power plant

PetroVietnam seeks new EPC contractor for 1,200MW Long Phu 1 thermal power plant

State-run oil and gas group PetroVietnam is looking for a new EPC contractor for the 1,200MW Long Phu 1 thermal power plant, which is located in the Mekong Delta province of Soc Trang.
petrolimex readjusts profits to 10 per cent of plan

Petrolimex readjusts profits to 10 per cent of plan

Petrolimex, the petroleum distributor for the domestic retail market, has adjusted its profit target to one-tenth of the original forecasts.
japanese firms establish joint venture for lng project in vietnam

Japanese firms establish joint venture for LNG project in Vietnam

Japanese companies Tokyo Gas and Marubeni have joined forces with Petrovietnam Power and local machine manufacturer Colavi to establish a joint venture for an LNG-to-power project in Vietnam.
petrovietnam reaching full year targets in main business metrics

PetroVietnam reaching full-year targets in main business metrics

Along with budget payment, state-owned oil and gas giant PetroVietnam has attained total revenue and consolidated pretax profit targets after just eight months.