Tag PetroVietnam
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PetroVietnam seeks resumption of suspended thermal power project

PetroVietnam is seeking permission to restart work on a coal-fired power plant which was suspended following the arrest of officials for wrongdoing.

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.

Three Vietnamese firms among Asia’s top 100 power performers

Five Vietnamese firms are among Asia’s 300 biggest and fastest and three of them are in the top 100.
July 14, 2019 | 09:04 am GMT+7

PetroVietnam subsidiaries told not to close OceanBank deposits

Several PetroVietnam subsidiaries are struggling to maintain cash flow after being told not to withdraw their deposits with the ailing OceanBank.
May 22, 2019 | 10:10 am GMT+7

Vietnam authorities to assess Thai petrochemical plant for license

Vietnam is considering giving fresh permission to Thai conglomerate Siam Cement Group for a long-delayed giant petrochemical complex.
March 27, 2019 | 09:06 am GMT+7

Ministry of Finance cracks the whip on PetroVietnam divestment

The Ministry of Finance has reiterated that the loss-making oil and gas group PetroVietnam has to divest from non-core sectors. 
March 23, 2019 | 07:38 am GMT+7

PetroVietnam's troubled billion-dollar investment in Venezuela probed

The Ministry of Public Security's Investigation Agency is investigating possible fraud by PetroVietnam in its Venezuelan oil exploration and production project.
March 17, 2019 | 02:14 pm GMT+7

PetroVietnam risks losing hundreds of millions of dollars invested abroad

Eleven of PetroVietnam’s 13 foreign oil and gas exploration and extraction projects are at risk of losing their investment.
March 16, 2019 | 08:32 pm GMT+7

​Vietnam’s top oil executive seeks to resign

PetroVietnam's board of directors has received a resignation letter submitted by the state-owned group's general director Nguyen Vu Truong Son.
March 14, 2019 | 09:24 am GMT+7

Vietnam mulls zero tariff on oil, mineral imports

Vietnam is considering scrapping import tariffs on crude oil and minerals.
February 19, 2019 | 02:03 pm GMT+7

Jailed PetroVietnam chief faces another criminal probe

Dinh La Thang will be investigated for losses incurred by a biofuel plant in the northern province of Phu Tho.
January 21, 2019 | 11:48 am GMT+7

Vietnam’s energy powerhouse to list with billion-dollar market cap

PV Power, the country’s second largest power producer, will list on the Ho Chi Minh bourse this month with a market capitalization of $1.5 billion.
January 06, 2019 | 06:47 pm GMT+7

Former oil execs prosecuted in banking graft case

A former CEO and chief accountant of Vietsovpetro are accused of involvement in excess interest payments made by OceanBank.
January 05, 2019 | 12:27 pm GMT+7

Vietnam arrests former CEO of state oil firm

The former CEO of PetroVietnam Exploration Production Corporation was arrested Tuesday for abusing power to appropriate property.
December 19, 2018 | 02:59 pm GMT+7

Vietnam crude oil output to fall 10 pct a year through 2025: PetroVietnam

Vietnam’s crude oil output is expected to fall by 10 percent a year through to 2025 due to declining reserves at existing fields, PetroVietnam said on Wednesday.
October 24, 2018 | 05:37 pm GMT+7
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