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PVN

PVN inks deals to supply 5.06 billion m3 of gas annually for Block B project chain

PVN inks deals to supply 5.06 billion m3 of gas annually for Block B project chain

Petrovietnam has signed four trade agreements with partners for the crucial Block B-Ô Môn gas-power chain project, paving the way for the project implementation.
Petrovietnam appoints new General Director

Petrovietnam appoints new General Director

Lê Ngọc Sơn, born in 1972, has three decades of experience in the oil and gas industry, having held various positions.
PVN, CIP team up in renewable energy

PVN, CIP team up in renewable energy

Under the MoU, the two firms will share knowledge and information on energy transition from oil and gas to renewable energy, with specific topics such as technology, supply chain, logistics, infrastructure, and technical expertise. They will also explore opportunities for cooperation...
Petrovietnams November performance sustains impressive momentum

Petrovietnam's November performance sustains impressive momentum

Financial indicators continued to outperform targets, with total group revenue for November reaching VNĐ89 trillion (US$3.7 billion), exceeding the monthly target by 59 per cent.
PVN ends first seven months on high note

PVN ends first seven months on high note

PVN was doing quite well during the period with an electricity output of 14.9 billion kWh, surpassing that in 2022 by 62.3 per cent.
PVN takes over two thermal power projects

PVN takes over two thermal power projects

The change of the two projects'' ownership was approved by the Prime Minister on June 24. 
PetroVietnam beats its target in Q1

PetroVietnam beats its target in Q1

The group said it earned a total revenue of VND193.7 trillion, reaching 38 per cent of its yearly target. PVN’s pre-tax profit in the first quarter reached VND13.6 trillion, or 39 per cent of its full-year target.
Petroleum sector seeks protective policies to counter contraction

Petroleum sector seeks protective policies to counter contraction

Output contraction is an inevitable part of exploiting finite oil and gas fields worldwide. In Viet Nam, most of the active fields have been exploited since 1986.
Domestic demand for gasoline to recover in fourth quarter

Domestic demand for gasoline to recover in fourth quarter

The demand for gasoline in the domestic market in the fourth quarter of this year will recover compared to the previous quarters but still lower than the same period last year, the Việt Nam Oil and Gas Group (PVN) forecasted.
PVN receives high praise from Deputy Prime Minister

PVN receives high praise from Deputy Prime Minister

The Viet Nam Oil and Gas Group (PVN) needs to master oil and gas exploration and exploitation at home and abroad to help ensure national energy security and be an economic leader in the country.
PVN to boost development of new and renewable energies in 2020-25 period

PVN to boost development of new and renewable energies in 2020-25 period

PVN reported that it still enjoyed profit of more than VND10 trillion in the first seven months of this year despite Viet Nam being hit by the COVID-19 pandemic.
PetroVietnam posts profit of over 430 million despite twin crises

PetroVietnam posts profit of over $430 million despite twin crises

The Vietnam Oil and Gas Group (PetroVietnam) still enjoyed profit of more than VND10 trillion (US$430.6 million) and contributed over VND38 trillion VND to the State budget in the first seven months of 2020 despite Viet Nam being hit by...
Song Hau 1 Thermal Power Plant to begin commercial operation in 2021

Song Hau 1 Thermal Power Plant to begin commercial operation in 2021

The Song Hau Thermal Power Plant Project 1 has two machine units with a total capacity of to produce a total output of 7,800 GWh per year. Its commercial power output is estimated to reach 7,301 GWh per year.
PVN achieve 12.2 billion in revenue in six months

PVN achieve $12.2 billion in revenue in six months

The Viet Nam Oil and Gas Group (PVN) reported total revenue of VND283.5 trillion (US$12.2 billion) in the first half of this year, contributing VND32 trillion to the State budget.
Temporarily halting petrol and oil imports must be considered carefully: ministry

Temporarily halting petrol and oil imports must be considered carefully: ministry

The proposal of temporarily halting the import of petrol and oil must be carefully considered to ensure national energy security and harmonise benefits between producers and consumers.