petrovietnam puts more oil fields into operation

PetroVietnam puts more oil fields into operation

The Vietnam National Oil and Gas Group (PetroVietnam) will exploit five more oil fields in order to meet the yearly target of 23 million tonnes of oil for this year, said general director Phung Dinh Thuc.
nghi son refinery bidding off course

Nghi Son refinery bidding off course

PetroVietnam, the investor of the $6.2 billion Nghi Son oil refinery, may be forced to reopen a key contract if a winning bidder cannot be found before July 12.
foreign firms bite into petrovietnam

Foreign firms bite into PetroVietnam

The Vietnam National Oil and Gas Group (PetroVietnam) has signed deals to sell stakes in real estate and securities companies to partners from the Republic of Korea (RoK) .
rok firms to buy stake in petrovietnam subsidiaries

RoK firms to buy stake in PetroVietnam subsidiaries

The Vietnam National Oil and Gas Group (PetroVietnam) has signed deals to sell its stake in real estate and securities companies to the Republic of Korea (RoK) partners.
firms burn with ethanol dreams

Firms burn with ethanol dreams

Leading Finnish technology firm Chempolis is closing on its dream of setting up a third generation ethanol manufacturing technology in Vietnam.
200 mln for dai hung oil field development

$200 mln for Dai Hung oil field development

PetroVietnam Exploration Production Corporation (PVEP) and Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Hanoi branch has signed a $200 million loan for the oil field project, Lot 05-1(a).
property moves with the times

Property moves with the times

It’s proving to be a tough year for the property sector. With the government tightening monetary policies and squeezing credit lines for property trading, not to mention a jump in the interest rates of property credit to more than 20 per cent per year, can listed realty companies really hit their targets this year? Nguyen Minh Hanh, an analyst with PetroVietnam Securities Incorporated, shares her views with VIR.
petrovietnam gives gas to oil plans

PetroVietnam gives gas to oil plans

PetroVietnam, investor of the $6.2 billion Nghi Son refinery in Thanh Hoa province, expects to sign a key construction contract in 2011’s second quarter.
vn leading fertilizer producer to expand agri business in cambodia

VN leading fertilizer producer to expand agri-business in Cambodia

PetroVietnam Fertilizer & Chemicals Corporation (PVFCCo), a major fertilizer manufacturer in Vietnam, announced Saturday plans to expand its agricultural technical transfer programs for Cambodian farmers in at least three more provinces over the coming year.
earnings results bring big smiles to investors

Earnings results bring big smiles to investors

The most exciting result was PetroVietnam Southern Gas (PGS) with an after-tax profit of VND278.8 billion ($13.5 million)
vietnam to pump first venezuela oil in 2012

Vietnam to pump first Venezuela oil in 2012

Vietnam National Oil and Gas Group (PetroVietnam) and Venezuela National Oil Petroleum Company (PDVSA) have reached an agreement on measures to extract the first oil flow from Block Junin 2 in Venezuela in the fourth quarter of 2012.
petrovietnam works to combat inflation

PetroVietnam works to combat inflation

State-run PetroVietnam will sideline 64 non-essential projects worth around $319 million this year to help fight inflation.
petro giant dramatically fuels dollar supplies

Petro giant dramatically fuels dollar supplies

PetroVietnam has turned the key to unlock the forex market and push it into the safety zone.
pvfc provide risk insurance for foreign currency borrower

PVFC provide risk insurance for foreign currency borrower

The PetroVietnam Finance Corporation (PVFC) is working with Morgan Stanley Group on the provision of derivative insurance services to limit risks to customer who borrow foreign currency.
petrovietnam earnings hit 72b amid price flux

PetroVietnam earnings hit $7.2b amid price flux

The PetroVietnam Group earned VND151.2 trillion ($7.2 billion) in the first quarter of this year, despite challenges caused by fluctuating oil prices, the national petroleum group announced yesterday.