PV Gas achieves half of financial plan in the first half

PV Gas achieves half of financial plan in the first half

PV Gas has revealed its estimated business results for the first half of 2021 with financial indicators increasing from 3 to 12 per cent over a year.
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 acquired VND3 trillion ($130.43 million) in profit in the first half thanks to the soaring price of West Texas Intermediate oil.
PetroVietnam donates VND400 billion to COVID-19 Vaccine Fund

PetroVietnam donates VND400 billion to COVID-19 Vaccine Fund

State-owned oil and gas group PetroVietnam has recently donated VND30 billion ($1.3 million) to the national COVID-19 Vaccine Fund.
PetroVietnam books robust growth for four-month period

PetroVietnam books robust growth for four-month period

PetroVietnam has outperformed most business targets in the year to date due to drastic measures to boost production and management efficiency.
Nhon Trach 2 Thermal Power Plant under dual pressures

Nhon Trach 2 Thermal Power Plant under dual pressures

Rising gas and dropping gasoline product prices, along with the pressure from renewable energy, are putting Nhon Trach 2 Thermal Power Plant in a tight spot.
Fitch Ratings upgrades PetroVietnam’s outlook to "positive"

Fitch Ratings upgrades PetroVietnam’s outlook to "positive"

Fitch Ratings has revised the outlook for Vietnam’s state-owned oil and gas giant PetroVietnam to “positive” from “stable”.
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.
PetroVietnam strives to overcome difficulties and maintain stable business activities

PetroVietnam strives to overcome difficulties and maintain stable business activities

PetroVietnam was one of the few petroleum firms that managed to maintain stable business amid COVID-19 and the sharp decrease in oil prices.
Hyundai E&C and Technip join bids for Dung Quat refinery expansion

Hyundai E&C and Technip join bids for Dung Quat refinery expansion

BSR has received bids for a $1.8 billion upgrade and expansion project from two consortiums led by Hyundai Engineering & Construction and Technip Italy.
Nam Song Hau to develop $90 million bonded petroleum warehouse

Nam Song Hau to develop $90 million bonded petroleum warehouse

Nam Song Hau Petroleum Investment and Trading JSC proposed investing in building a bonded petroleum warehouse in Van Phong EZ with VND2 trillion ($87 million).
Vietnam ramps up efforts to build more LNG facilities

Vietnam ramps up efforts to build more LNG facilities 2

More attention is paid to LNG as another fuel option needed for power generation under Vietnam's most recent Power Development Plan.
Japanese giant ENEOS Corporation registers to buy 13 million shares of Petrolimex

Japanese giant ENEOS Corporation registers to buy 13 million shares of Petrolimex

Japanese giant ENEOS Corporation registered to buy 13 million shares of Petrolimex.
PetroVietnam reports positive results in first seven months

PetroVietnam reports positive results in first seven months

Despite facing the double crisis, PetroVietnam managed to turn a tidy after-tax profit in the first seven months.
PetroVietnam subsidiaries co-operate to increase efficiency to cope with dual crisis

PetroVietnam subsidiaries co-operate to increase efficiency to cope with dual crisis

Leading subsidiaries of PetroVietnam on August 3 signed contracts to strengthen cooperation and share human and information resources.
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