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.
PetroVietnam offers support to poor households impacted by floods and storms

PetroVietnam offers support to poor households impacted by floods and storms

PetroVietnam has recently donated $14.26 million to the people of the central region who suffered from the recent storms and to poor households nationwide.
PetroVietnam tireless amid adversity

PetroVietnam tireless amid adversity

Consistent with a solution package for overcoming the double crisis of decreasing demand and falling oil prices, Vietnam Oil and Gas Group achieved 7.76 million tonnes of oil and gas in the first eight months of this year, exceeding its plan by 8.2 per cent.
Celebrating 45 years of PetroVietnam development

Celebrating 45 years of PetroVietnam development

Over its 45 years of development, state-run PetroVietnam has built and developed a complete and synchronous oil and gas industry, playing an important role in Vietnam’s economic development and actively participating in the protection of the national sovereignty.
PetroVietnam and Honda missing from list of prestigious exporters for 2019

PetroVietnam and Honda missing from list of prestigious exporters for 2019

PetroVietnam and Honda were not on the list of prestigious exporters for 2019 of the Ministry of Industry and Trade (MoIT).
VNPOLY becomes fibre provider for adidas and Target

VNPOLY becomes fibre provider for adidas and Target

Just two years after resuming operations, VNPOLY has become the main fibre provider of two famous brands adidas and Target.
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.
PetroVietnam reports slight increase of revenue in first half of 2020

PetroVietnam reports slight increase of revenue in first half of 2020

Despite the double crisis of COVID-19 and decreasing oil and gas prices, PetroVietnam has gained a slight increase in revenue in the first half of the year.
PetroVietnam bucking trends with positive business results

PetroVietnam bucking trends with positive business results

The easing of the coronavirus situation and the improving global oil and gas prices have helped Vietnam’s state-run oil and gas group PetroVietnam achieve a growing business result in May.
PV Power to take a dive into solar power

PV Power to take a dive into solar power

PV Power will establish a company to set foot in the renewable energy sector by constructing rooftop solar systems on PetroVietnam's buildings and factories.
PetroVietnam proposal to stop importing petroleum refused

PetroVietnam proposal to stop importing petroleum refused

The proposal to either stop or suspend petroleum imports by PetroVietnam was refused as it would impact importers and violate Vietnam's FTA and WTO commitments.
Oil and gas groups switch strategies to avert strain

Oil and gas groups switch strategies to avert strain

The latest bout of market turbulence has pushed the price of oil into negative territory, but investors can still turn the state of events to their advantage.
PetroVietnam proposes restriction of oil imports due to COVID-19

PetroVietnam proposes restriction of oil imports due to COVID-19

PetroVietnam has proposed restricting or temporarily halting the import of petroleum as aviation and transport are frozen due to the prolonged coronavirus outbreak.
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