06-10-2021 00:36
Investment ventures in oil and gas are facing mounting hardships from COVID-19 and overlapping legal documents, and lag behind the fast-changing investment environment. It is urgent for roadblocks to be removed in time to enable the oil and gas sector to contribute to the national economy and ramp up its charm in the eyes of investors.
23-09-2021 18:52
Representatives of global energy company AES Corporation and PetroVietnam Gas JSC (PV Gas), a member of Vietnam’s oil and gas giant PetroVietnam, have just signed a joint venture agreement for the Son My liquefied natural gas (LNG) terminal located in Binh Thuan province in south central Vietnam.
23-09-2021 10:00
On September 9, Fitch Ratings certified Vietnam’s state-owned oil and gas giant PetroVietnam as having a standalone credit rating at BB+, with a long-term foreign currency issuer default rating (IDR) of BB with "positive outlook", and senior unsecured rating of BB. This is the third consecutive year Fitch Ratings evaluated PetroVietnam’s standalone credit rating at BB+.
14-09-2021 20:32
Despite facing multiple hardships during the pandemic, state-owned oil and gas group PetroVietnam has shown admirable resiliency to make firm steps towards sustainable growth.
08-09-2021 21:52
PetroVietnam is faring well so far this year, after boosting management efficiency through digital transformation efforts.
06-09-2021 18:13
Deputy Prime Minister Le Van Thanh asked PetroVietnam, the investor of the project, and relevant authorities to complete the unfinished components of Thai Binh 2 Thermal Power Plant to connect it to the national power grid by April 30, 2022.
08-08-2021 13:54
Amid growing COVID-19 complexities rocking the economy, state-owned oil and gas giant PetroVietnam has been actively promoting preventive measures and vaccination to protect the health of its employees while reinforcing production and business to maintain stable development.
20-07-2021 12:05
According to the financial results in the first six months issued on July 16, PetroVietnam Power (PV Power) estimated its revenues at VND16.5 trillion ($717.8 million), with profit after tax standing at VND1.4 trillion ($61 million).
10-07-2021 11:57
Despite the adverse implications of the COVID-19 pandemic, state-owned oil and gas group PetroVietnam has outperformed almost all business targets set for the first half of this year.
08-07-2021 16:54
PetroVietnam Gas JSC (PV Gas, HSX: GAS) has just revealed its estimated business results in the first six months of 2021 with financial indicators increasing from 3 to 12 per cent over the same period in 2020.
03-07-2021 08:51
Binh Son Refinery and Petrochemical JSC (BSR), a wholly-owned subsidiary of PetroVietnam, acquired VND3 trillion ($130.43 million) in profit in the first six months of 2021 thanks to the soaring price of West Texas Intermediate (WTI) oil.
23-06-2021 16:22
In a bid to join hands with the nation to fight against the COVID-19 pandemic as well as ensure social welfare and people’s wellbeing, state-owned oil and gas group PetroVietnam has recently donated VND30 billion ($1.3 million) to the national COVID-19 Vaccine Fund.
23-06-2021 13:49
State-owned PetroVietnam has just welcomed the first flow of gas from Su Tu Trang (White Lion) oil field in phase 2A, putting the project into operation 16 days ahead of schedule.
23-06-2021 10:40
State-owned Vietnam Oil and Gas Group (PetroVietnam) has fulfilled its 5-month business targets beyond expectations with on-year stable growth in all financial metrics.
12-05-2021 11:20
State-owned oil and gas giant PetroVietnam has outperformed most business targets in the year to date, leveraging drastic measures to boost production and management efficiency, backed by rising oil prices in the global market.