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oil

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

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

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 US39 billion in 2024 revenue

Petrovietnam aims for over US$39 billion in 2024 revenue

Chairman Lê Mạnh Hùng has asked subsidiaries to assess global economic and political situation and trends to seize opportunities.
Petrovietnams nine-month results surpass revenue and budget contribution targets for 2024

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

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

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

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.
Vietsovpetro successfully installs wellhead platform topside at Bạch Hổ oil field

Vietsovpetro successfully installs wellhead platform topside at Bạch Hổ oil field

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

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

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

Oil tanker operators report massive profits amid soaring freight rates

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

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

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.
EP activities in oil and gas industry heating up

E&P activities in oil and gas industry heating up

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

PetroVietnam maintains growth amid declining oil prices

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

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

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

Dabaco approves plans to raise capital for soybean oil plant investment

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

Petrovietnam strengthens solutions to create carbon credits

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

PVN announces two new oil and gas fields

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).