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Việt Nam Oil and Gas Group

Petrovietnam partners with US firms on digital transformation and sustainable energy

Petrovietnam partners with US firms on digital transformation and sustainable energy

Petrovietnam on Monday (local time) signed MOUs with Kellogg Brown & Root (KBR) and GE Digital International LLC to promote digital transformation and sustainable green fuels.
Petrovietnams crude oil exploitation accomplishes yearly target

Petrovietnam’s crude oil exploitation accomplishes yearly target

The Viet Nam Oil and Gas Group (Petrovietnam) has fulfilled crude oil exploitation target set for the whole year, 70 days ahead of schedule.
PetroVietnam surpasses oil exploitation by 22 per cent in January-May

PetroVietnam surpasses oil exploitation by 22 per cent in January-May

The Viet Nam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the plan by 22 per cent, contributing to ensuring national energy security and national development.
PetroVietnams crude oil output surpasses target by 24.2 per cent in January

PetroVietnam’s crude oil output surpasses target by 24.2 per cent in January

The Viet Nam Oil and Gas Group (PetroVietnam)’s oil exploitation output in the first month of 2022 reached 0.93 million tonnes, exceeding its set target by 24.2 per cent.
Lossmaking plants to afloat thanks to Government scheme

Lossmaking plants to afloat thanks to Government scheme

Thanks to a scheme for state-owned enterprise restructuring during 2016-2020, many unprofitable plants in SOEs have been reinvigorated.
ADB, PetroVietnam team up to promote green energy development in Viet Nam

ADB, PetroVietnam team up to promote green energy development in Viet Nam

The Việt Nam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on Thursday signed a Memorandum of Understanding (MoU) on establishing a strategic partnership for 2021 – 24 to promote clean and renewable energy development, and help...
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.
PetroVietnam uses its capital to improve performance of inefficient projects

PetroVietnam uses its capital to improve performance of inefficient projects

The Viet Nam Oil and Gas Group (Petrovietnam) has been permitted to use its capital to improve production and business performance in the group’s loss-making projects.
Petrovietnam attends World Energy Week 2021

Petrovietnam attends World Energy Week 2021

Viet Nam Oil and Gas Group (Petrovietnam) attended the World Energy Week 2021 organised by the World Energy Council (WEC) from October 5-7.
PetroVietnam must continue as role model: PM

PetroVietnam must continue as role model: PM

Prime Minister Nguyen Xuan Phuc on Monday said the Viet Nam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
PetroVietnams nine-month oil output surpasses target at 8.64 million tonnes

PetroVietnam’s nine-month oil output surpasses target at 8.64 million tonnes

The Viet Nam Oil and Gas Group (PetroVietnam) has reported that nine-month oil output surpassed its target by 9.4 per cent, reaching 8.64 million tonnes ending September.
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.
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.