Petrovietnam's November performance sustains impressive momentum

Saturday, Dec 09, 2023

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.

PetroVietnam beats its target in Q1

Thursday, Apr 13, 2023

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.

PetroVietnam records production growth but revenue reduction in Q1

Monday, Apr 06, 2020

The Viet Nam Oil and Gas Group (PetroVietnam) achieved its production target but suffered reduction in revenue due to lower crude oil prices in the first quarter of this year.

Fitch Ratings assigns PetroVietnam at ‘BB’ for first time

Monday, Sep 16, 2019

Fitch Ratings has assigned the Vietnam Oil and Gas Group''s (PetroVietnam or PVN) first-time long-term foreign-currency issuer default rating (IDR) at ''BB'' with a positive outlook.

PVN plans stake cut to 36% in PVD

Monday, Aug 13, 2018

PetroVietnam (PVN) has proposed the Ministry of Industry and Trade approve the reduction of its ownership in PetroVietnam Drilling and Well Services Corporation (PVD) from 50.4 per cent to 36 per cent.

Binh Son refinery’s profit up by 46%

Thursday, Apr 05, 2018

Binh Son Refining and Petrochemical Company (BSR) reported pre-tax profits of VND1.3 trillion (US$57.1 million) in the first quarter of 2018, up 46 per cent compared to the quarterly target.

PetroVietnam oil production exceeds target

Monday, Aug 07, 2017

The Vietnam National Oil and Gas Group (PetroVietnam), or PVN, produced 9.23 million tonnes of oil in the first seven months of this year, exceeding the target set for the period, said the group’s CEO Nguyen Vu Truong Son.

PetroVietnam surpasses business targets in Q1

Monday, Apr 03, 2017

The Viet Nam National Oil and Gas Group (PetroVietnam) surpassed its business targets by as much as 4 to 16 per cent in the first three months of the year, especially in oil exploitation.

$10b pact to develop gas-powered plants signed

Saturday, Jan 14, 2017

Affiliates of oil and gas giants PetroVietnam (PVN) and ExxonMobil on Friday signed a US$10 billion framework agreement to build a power plant using natural gas extracted from the Ca Voi Xanh (Blue Whale) field in Quang Nam Province.

PVN's revenue falls amid oil price drop

Tuesday, Dec 01, 2015

PetroVietnam (PVN) reported yesterday that its targeted revenue has ped sharply due to falling global crude oil prices.

Ca Mau Fertilizer stock to trade from March 31

Monday, Mar 23, 2015

Shares of PetroVietnam Ca Mau Fertilizer Co. Ltd. (code DCM) will start trading on the HCM City Stock Exchange (Hose) from March 31.

PVN to invest US$2.3 million

Tuesday, Mar 10, 2015

The Vietnam Oil and Gas Group, or PetroVietnam (PVN) plans to invest VND500 billion (US$2.3 million) in building an oil dump and logistics port system.

Son takes over as PetroVietnam chairman

Thursday, Jul 10, 2014

The Prime Minister has signed an order appointing Nguyen Xuan Son as the chairman of the PetroVietnam (PVN) board of directors.