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.
petrovietnam to develop 19 billion refinery and petrochemical complex

PetroVietnam to develop $19-billion refinery and petrochemical complex

PetroVietnam proposed to develop a refinery and petrochemical complex in collaboration with a national oil reserve warehouse with the total investment capital of $19 billion in the southern province of Ba Ria-Vung Tau.
pvcfc named in 50 best listed companies for second time

PVCFC named in 50 Best Listed Companies for second time

PetroVietnam Ca Mau Fertiliser JSC (PVCFC) on August 4 was lauded for the second time among the 50 Best Listed Companies by Forbes Vietnam, along with securing eminent business results in the first half of this year.
2 billion song hau 1 thermal power plant inaugurated

$2-billion Song Hau 1 thermal power plant inaugurated

The inauguration of the $2-billion Song Hau 1 thermal power plant in the Mekong Delta province of Hau Giang will contribute to ensuring national energy security.
uncertainty lingers on with global oil and gas investment

Uncertainty lingers on with global oil and gas investment

With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.
petrol law advances tailored for benefits

Petrol law advances tailored for benefits

An amended Law on Petroleum is expected to revive funding opportunities for the oil and gas sector as many fields are reaching their productive peaks or experiencing a state of decline – as long as some outstanding issues are ironed out.