Tag: "petrovietnam"

E5 RON92 bio-fuel officially sold nationwide

E5 RON92 bio-fuel officially sold nationwide

The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline.

BSR offers 49 per cent to strategic investors

BSR offers 49 per cent to strategic investors

Investors interested in becoming strategic investors of Binh Son Refining and Petrochemical Company Limited (BSR), currently operated by PetroVietnam, are offered to buy a maximum of 1.52 billion shares, equalling 49 per cent of the chartered capital.

Manufacture is economic propellant

Manufacture is economic propellant

The economy’s manufacturing and processing sector has broken its October growth record with a new record in November, giving the 11-month industrial production – and the whole-year growth target – a jolt.

PVD sees opportunities from improved crude oil prices

PVD sees opportunities from improved crude oil prices

PetroVietnam Drilling and Well Services Corporation (PV Drilling) under the Vietnam Oil and Gas Group (PVN) has seen robust signs in its business activities when prices of crude oil improve and the oil drilling market becomes warmer.

Gas output could triple within eight years

Gas output could triple within eight years

Vietnam could receive a significant boost to its natural gas supplies after signing two agreements during the APEC Summit to buy gas at home and from Indonesia.

Operator to sell 5-6% of Vietnam’s sole refinery

Operator to sell 5-6% of Vietnam’s sole refinery

Binh Son Refining and Petrochemical Co. Ltd (BSR), the operator of Dung Quat Oil Refinery, plans to put a proportion of its shares in the facility for sale in an IPO to be announced later this year.

PM approves plan for loss-making projects

PM approves plan for loss-making projects

The Prime Minister recently issued a decision outlining solutions for loss-making projects under the management of the Ministry of Industry and Trade. The aim is to turn them into efficient projects by 2020, at the latest, or let them be dissolved.

Oil and gas sector urged to adjust business strategy

Oil and gas sector urged to adjust business strategy

The oil and gas sector needs to adjust its production and business strategy so that it could compete with foreign rivals locally and internationally, said participants at a seminar in Hanoi on September 26.

PetroVietnam chief accountant arrested for economic mismanagement

PetroVietnam chief accountant arrested for economic mismanagement

The Ministry of Public Security’s Investigation Agency on September 26 detained and launched legal proceedings against chief accountant of the Vietnam National Oil and Gas Group (PetroVietnam) Le Dinh Mau for intentionally violating State regulations on economic management causing consequences.

PV Oil to offer 20% stake in coming IPO: HSC

PV Oil to offer 20% stake in coming IPO: HSC

PetroVietnam Oil Corporation (PV Oil) may double the amount of shares offered as part of its initial public offering (IPO), which is scheduled in the fourth quarter of this year.

PVtex to be revived with Indian help

PVtex to be revived with Indian help

Reliance Industry Company from India decided to co-operate with PetroVietnam to restart Dinh Vu polyester plant located in the northern city of Haiphong.

Criminal proceedings launched against violation at PetroVietnam

Criminal proceedings launched against violation at PetroVietnam

The Investigation Police Agency under the Ministry of Public Security on September 1 issued a decision launching criminal proceedings against the suspected deliberately violation of State regulations causing serious consequences at the Vietnam National Oil and Gas Group (PetroVietnam).

Large-scale investments promise FDI breakthrough

Large-scale investments promise FDI breakthrough

Many large-scale investment projects and cooperation agreements have been signed for the near future, promising a breakthrough in foreign direct investment (FDI) attraction in Vietnam.