Petrovietnam exceeds key targets in four months, eyes sustainable growth with new projects

Wednesday, May 21, 2025

Petrovietnam delivered strong results in the first four months of 2025, exceeding most key production targets despite global market headwinds.

HCM City secures US$6 bln deal for green energy, oil refinery projects

Tuesday, May 20, 2025

A landmark US$6 billion investment agreement was signed in HCM City Monday, uniting Vietnam’s KOGI Groun and energy infrastructure in southern Việt Nam.

Prime Minister attends a series of oil and gas and offshore wind events

Monday, Dec 02, 2024

Prime Minister Phạm Minh Chính attended the oil and gas and offshore wind events with an investment capital of billions of US dollars in Bà Rịa-Vũng Tàu Province on December 1.

Petrovietnam aims for over US$39 billion in 2024 revenue

Thursday, Nov 14, 2024

Chairman Lê Mạnh Hùng has asked subsidiaries to assess global economic and political situation and trends to seize opportunities.

Petrovietnam's nine-month results surpass revenue and budget contribution targets for 2024

Tuesday, Oct 22, 2024

Petrovietnam''s earned a total revenue of VNĐ736.5 trillion and contributed VNĐ115.2 trillion to the State budget in the first nine months of 2024, surpassing its annual targets by three to four months.

Petrovietnam partners with US firms on digital transformation and sustainable energy

Tuesday, Sep 24, 2024

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.

Vietsovpetro successfully installs wellhead platform topside at Bạch Hổ oil field

Thursday, Sep 12, 2024

Vietsovpetro said on Wednesday that it completed the installation of the wellhead platform topside block of the BK-23 drilling rig at Lot 09.1 of Bạch Hổ oil field, 145 kilometres to the southeast of Vũng Tàu city a day earlier.

PVN achieves pre-tax profit of VNĐ29.6 trillion in seven months

Friday, Aug 23, 2024

PVN saw growth in all financial targets against its plan and the same period of last year. 

E&P activities in oil and gas industry heating up

Monday, Jun 17, 2024

The upstream oil and gas sector has witnessed a resurgence of investment activity over the past few years.

Petrovietnam strengthens solutions to create carbon credits

Thursday, May 16, 2024

Petrovietnam is updating its plan to reduce greenhouse gas emissions according to Việt Nam''s new commitments.

PVN announces two new oil and gas fields

Tuesday, May 07, 2024

The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Điện Biên Phủ Victory (May 7).

Petrovietnam adopts ERP in operations

Monday, May 06, 2024

The Vietnam National Oil and Gas Group (Petrovietnam) has just inaugurated the first phase adoption of Enterprise Resource Planning (ERP) system at its parent company.

Construction of Đại Hùng Phase 3 starts alongside safety milestone

Thursday, Apr 25, 2024

The projections for the third phase of the Đại Hùng project are ambitious, foreseeing an oil recovery production of 22 million barrels and 21.4 billion cubic feet of gas, with an expected peak oil flow of approximately 9,000 barrels per...

Keep promoting Việt Nam-Russia oil and gas cooperation: says PM

Monday, Apr 08, 2024

PM Phạm Minh Chính received Kudryashov Sergei Ivanovich, General Director of Russian Zarubezhneft Company, in Hà Nội on April 8.

Oil stocks sees bright prospect amid rising prices

Friday, Apr 05, 2024

Oil prices maintained their upward momentum, reaching the highest level in the past five months, as signals pointed to tighter supplies.