property firm slashes apartment prices to ease loan pressure

Property firm slashes apartment prices to ease loan pressure

The PetroVietnam Power Land JS Company has just announced a price discount of 35 per cent on apartments to ease the financial pressure it is under to repay bank loans.
petro giant has hand out for cash

Petro giant has hand out for cash

Dung Quat investor PetroVietnam claims it needs $1.16 billion to expand Vietnam’s first ever oil refinery.
scb inked a new 37 million loan for petrovietnam

SCB inked a new $37 million loan for PetroVietnam

Today, Vietnam Oil and Gas Group (PetroVietnam) and Standard Chartered Bank officially signed a $37 million loan agreement and a mortgage agreement for the semi–submersible tender–assist drilling rig (TAD) project.
9th vietnam oil and gas expo 2011 to be held in hanoi

9th Vietnam Oil and Gas Expo 2011 to be held in Hanoi

The 9th Vietnam Oil and Gas Expo 2011 will be held at Giang Vo Exhibition Centre in Hanoi by PetroVietnam from October 27-29.
oil giant completes trifecta of business targets

Oil giant completes trifecta of business targets

local giant eyeing up conocophillips

Local giant eyeing up ConocoPhillips

PetroVietnam is working with bankers to find financial resources to takeover ConocoPhillips’ $1.5 billion worth of assets in Vietnam.
petrovietnam posts high profit

PetroVietnam posts high profit

PetroVietnam has reported a profit of VND22.6 trillion ($1.1 billion) in the first eight months of this year, according to newly appointed general director Phung Dinh Thuc.
shell has lng dream to grow

Shell has LNG dream to grow

Global giant Shell is eager to pump liquefied natural gas and related technology into Vietnam.
local energy projects in us shop window

Local energy projects in US shop window

PetroVietnam today held a meeting ‘Investment opportunities in Vietnam - Energy and Finance’ in Washington DC presided over by Vietnam’s Minister of Industry and Trade Vu Huy Hoang, Vietnam’s ambassador in the US, PetroVietnam and Vietnam Chamber of Commerce and Industry leadership.
fertiliser levels to meet needs of agriculture

Fertiliser levels to meet needs of agriculture

PetroVietnam Fertiliser and Chemicals Corporation has said it would increase fertiliser imports and maintain domestic production to ensure a sufficient supply for the winter-spring crop.
petrovietnam launches 1st vietnam made oilrig

PetroVietnam launches 1st Vietnam-made oilrig

The Vietnam National Oil and Gas Group (PetroVietnam) inaugurated the first locally manufactured jack-up rig Saturday in Ba Ria-Vung Tau Province. The country’s President Truong Tan Sang witnessed the event.
pvep signs engineering contract with algeria

PVEP signs engineering contract with Algeria

The PetroVietnam Exploration and Production Corporation (PVEP) and two partners have signed a $451.3 million engineering contract with the Algerian state-owned oil and gas company Sonatrach.
market malaise stings pvfc

Market malaise stings PVFC

PetroVietnam’s financial arm, PetroVietnam Finance Corp. (PVFC), has posted a Q2 profit down more than 40 per cent due to securities investments losses.
first vietnam made oil rig to be launched september

First Vietnam-made oil rig to be launched September

The Vietnam National Oil and Gas Group (PetroVietnam) says it will inaugurate the first locally manufactured jack-up rig on September 9 in Ba Ria-Vung Tau Province, where the mobile platform was built.
petrovietnam eyes gas exploitation in bolivia

PetroVietnam eyes gas exploitation in Bolivia

The Vietnam National Oil and Gas Group (PetroVietnam) has signed a cooperation agreement with the state-owned oil and gas company of Bolivia, YPFB, to study gas potential in the South American country.