binh son refinery reports 130 million in profit in first half

Binh Son Refinery reports $130 million in profit in first half

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.
petrovietnam donates vnd400 billion to covid 19 vaccine fund

PetroVietnam donates VND400 billion to COVID-19 Vaccine Fund

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.
petrovietnam receives first gas flow from white lion oil field in stage 2a

PetroVietnam receives first gas flow from White Lion oil field in stage 2A

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.
petrovietnam reports rosy results for year so far amid pandemic strife

PetroVietnam reports rosy results for year so far amid pandemic strife

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.
petrovietnam books robust growth for four month period

PetroVietnam books robust growth for four-month period

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.
pv power look for epc contractor for nhon trach 3 and 4 thermal power plants

PV Power look for EPC contractor for Nhon Trach 3 and 4 thermal power plants

Vietnam's second-largest electricity producer, PetroVietnam Power Corporation (PV Power), and the managing board issued the bidding information to call for investors for the engineering, procurement, and construction (EPC) package for Nhon Trach 3 and 4 thermal power plants.
fitch ratings upgrades petrovietnams outlook to positive

Fitch Ratings upgrades PetroVietnam’s outlook to "positive"

Fitch Ratings – one of the top three credit rating agencies internationally – has revised the outlook for Vietnam’s state-owned oil and gas giant PetroVietnam to “positive” from “stable”.
petrovietnam outperforms business targets in first quarter

PetroVietnam outperforms business targets in first quarter

State-run oil and gas giant PetroVietnam has managed stable growth in the first quarter of this year, with its consolidated financial targets going beyond projections and budget contribution surpassing VND19 trillion ($826 million).
pv gas d signs strategic contract with tokyo gas asia

PV Gas D signs strategic contract with Tokyo Gas Asia

PetroVietnam Low Pressure Gas Distribution JSC (PV Gas D) has decided to sign a strategc co-operation contract with strategic shareholder Tokyo Gas Asia.
pvep to expand oil and gas operations by 380 million in 2021

PVEP to expand oil and gas operations by $380 million in 2021

PetroVietnam Exploration Production Corporation (PVEP) will invest $380 million to explore new oil and gas fields this year.
pv power to divest subsidiaries and streamline operations

PV Power to divest subsidiaries and streamline operations

PetroVietnam Power (PV Power) has confirmed plans to divest from some of its subsidiaries.
golden star vessel a shining example of ptscs standards

Golden Star vessel a shining example of PTSC’s standards

For the seventh time in a row,  PetroVietnam Technical Services JSC (PTSC) has been honoured through the prestigious Vietnam Value Programme.
ftse vietnam and mvis december portfolio rebalancing which companies benefit

FTSE Vietnam and MVIS December portfolio rebalancing: Which companies benefit?

The forthcoming periodical portfolio rebalancing by FTSE Vietnam and MVIS is expected to remain unchanged or change only marginally. Companies are predicted to benefit from additional buying include PetroVietnam Power, Sacombank, Bao Viet Holdings, Vietcombank, and Vietjet.
petrovietnam strives to overcome difficulties and maintain stable business activities

PetroVietnam strives to overcome difficulties and maintain stable business activities

Despite a rocky first 10 months to the year, PetroVietnam was one of the few petroleum firms that managed to maintain stable business amid COVID-19 and the sharp decrease in oil prices.
petrovietnam offers support to poor households impacted by floods and storms

PetroVietnam offers support to poor households impacted by floods and storms

Vietnam National Oil and Gas Group (PetroVietnam) and its member companies have recently donated VND328 billion ($14.26 million) to the people of the central region who suffered from the recent storms and to poor households nationwide.