Việt Nam expects stronger oil and gas cooperation with Algeria

Friday, Apr 25, 2025

The Algeria-Việt Nam Parliamentary Friendship Group stays ready to act as a bridge to advance Việt Nam’s proposals, contributing to the strong political and diplomatic ties between the two nations.

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.

US initiates an administrative review of anti-dumping duties on Việt Nam's OCTG

Tuesday, Oct 22, 2024

The Trade Remedies Authority of Việt Nam has announced that the US Department of Commerce recently initiated an administrative review of the anti-dumping duty order on Vietnamese oil country tubular goods (OCTG).

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. 

Oil tanker operators report massive profits amid soaring freight rates

Monday, Jul 29, 2024

Spot freight rates, time charter rates and secondhand vessel prices are all forecast to increase throughout 2024.

Surge in Petrolimex and PV Oil shares following new draft decree on fuel trading

Thursday, Jul 11, 2024

At the end of March, the Ministry of Industry and Trade unveiled a draft decree on fuel trading and investors were quick to assess that it will be good news for the primary fuel trading companies.

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 maintains growth amid declining oil prices

Thursday, Jun 13, 2024

Crude oil prices ped sharply, negatively impacting the production and business activities of PetroVietnam in May, however, through consistent and proactive management, the company achieved high growth across all financial indicators.

ExxonMobil celebrates the 50th anniversary of Mobil 1™ motor oil

Wednesday, Jun 12, 2024

Mobil 1 will showcase specially designed racing liveries, d in collaboration with teams in Formula 1, IMSA, WEC, NASCAR, NHRA, MotoGP and more.

Dabaco approves plans to raise capital for soybean oil plant investment

Monday, Jun 10, 2024

If both offerings are successfully completed, Dabaco''s charter capital will increase from VNĐ2.4 trillion to VNĐ3.3 trillion.

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.