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Petrovietnam
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Petrovietnam drilling subsidiary share price doubles in 8 months
Petrovietnam Drilling & Well Services Corporation has seen its share price double since last November when investment fund Dragon Capital increased its stakes in it.
PV Drilling to open four offices in ASEAN to support rig operations
Petrovietnam Drilling and Drilling Services Joint Stock Corporation (PV Drilling) has decided to establish four operating offices in ASEAN countries as part of its efforts to expand its presence in the region.
Vietnam Electricity owes Petrovietnam $971M
Oil and gas giant Petrovietnam has liquidity issues because it has not been able to collect payables of VND23 trillion ($971 million) from state-owned utility Vietnam Electricity.
July 13, 2023 | 06:40 pm PT
Vietnam's first refinery calls for upgrade incentives
The operator of Dung Quat Refinery, the first of its kind in Vietnam, has asked authorities for tax and lending incentives to fuel expansion.
August 16, 2022 | 06:45 am PT
Government urged to incentivize investment in oil production
Vietnam needs to offer better incentives and bonuses to attract private and foreign investment into the oil and gas industry, experts said.
July 28, 2022 | 12:12 am PT
Petrovietnam Gas nears annual profit target in first six months
Petrovietnam Gas (GAS) posted VND6.9 trillion ($296.79) in post-tax profits in the first six months, or 98 percent of its yearly plan, thanks to rising oil prices.
June 23, 2022 | 04:00 am PT
Petrovietnam profits triple in H1
Oil and gas group Petrovietnam (PVN) saw pre-tax profit in the first half this year tripling year-on-year to VND21.3 trillion ($927.75 million) as oil prices rose.
July 10, 2021 | 02:30 am PT
Petrovietnam Power to build $1.5 bln LNG plant
State-owned Petrovietnam Power has proposed the construction of a $1.5 billion liquefied natural gas power plant in the southernmost province of Ca Mau.
April 16, 2021 | 03:15 am PT
Petrovietnam Oil eyes jet fuel sales
Petrovietnam Oil wants to sell jet fuel to serve the rising demand for air travel as new airlines seek permission to fly.
June 8, 2020 | 09:15 pm PT
ExxonMobil petroleum projects in central Vietnam ongoing as planned
Petroleum projects being executed jointly by PetroVietnam (PVN) and America’s ExxonMobil in central Vietnam are proceeding as scheduled.
September 12, 2019 | 05:43 am PT
Petrovietnam reports 26 percent hike in revenues last year
Vietnam National Oil and Gas Group has announced its 2018 results, which show it exceeded its revenue and state budget contribution targets.
February 5, 2019 | 06:00 pm PT
Russian-Vietnamese oil giant makes $150 mln profit in first half
The company's profit rose by 9.6 percent on-year despite low oil prices.
August 13, 2016 | 10:58 pm PT
State-owned $325-million fiber plant on verge of bankruptcy
A polyester fiber plant owned by state oil and gas group PetroVietnam and one of its subsidiaries faces bankruptcy due to mounting losses.
March 31, 2016 | 01:38 am PT