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Petrovietnam profits drop despite revenue surge
State-owned oil giant Petrovietnam saw consolidated pre-tax profits fall 13.4 percent year-on-year to VND43.8 trillion ($1.89 billion).
Construction of Vietnam's first LNG terminal to begin next month
State-run PetroVietnam Gas Corporation (PV Gas) and its partners plan to start construction of the country’s first LNG terminal in southern Vietnam next month.
Declining investment limits Vietnam’s oil and gas industry
Declining investment, dwindling reserves, high taxes and red tape are combining to limit Vietnam’s oil and gas industry.
July 20, 2019 | 02:32 pm GMT+7
China says to have 'prudent' oil exploration with Philippines
The two countries in February agreed to set up a special panel to work out how they can jointly explore offshore oil and gas in areas both sides claim.
March 22, 2018 | 09:27 am GMT+7
Vietnam looks for oil and gas resources in the mountains
Having produced oil and gas from the waters off the southern coast for years, energy giant, state-owned PetroVietnam, is now in the search for fossil fuels in the mountainous areas.
June 11, 2016 | 04:49 pm GMT+7
Vietnam, Russia ink numerous energy deals
State-owned PetroVietnam and Russia’s oil and gas companies on Monday signed a number of cooperation agreements and memoranda to expand their ties in energy sector.
May 17, 2016 | 08:59 am GMT+7
World's biggest energy company eyes joint venture in Vietnam
Saudi Aramco, the biggest energy firm in the world, is looking at potential joint ventures in several countries, including Vietnam, Indonesia, India, the United States, and China, Reuters reported this week, citing company’s chief executive Amin Nasser.
May 14, 2016 | 08:16 am GMT+7
New energy projects to tap huge offshore gas field
PetroVietnam is planning energy projects in Vietnam’s Central region to take advantage of the largest gas field ever discovered in the East Sea, the company said in a statement Tuesday.
March 29, 2016 | 05:28 pm GMT+7