The Vietnam National Oil and Gas Group (PVN) has exported 355 million tonnes of crude oil, worth US$145 billion, since the shipment of its first barrel from Bach Ho field in April 1987.
The State will divest its capital in the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and the Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) through open tenders.
The Vietnam National Oil and Gas Group (PetroVietnam or PVN) is striving to fulfil the target of exploiting 13.28 million tonnes of crude oil and 10.61 billion cu. m of gas in 2017, PVN Deputy Director Do Chi Thanh said at a conference in Hanoi on July 13.
The Party Central Committee’s Inspection Commission has decided disciplinary actions for a number of former executives of the National Oil and Gas Group (PVN) for their serious legal violations that caused great economic losses and negatively affected the prestige of the Party Organization.
According to the materials for the shareholders’ meeting to be held on April 27, PVI Holdings is going to submit a plan of expanding the foreign ownership limit to 100 per cent for consideration.
Ho Chi Minh City plans to increase the number of compressed natural gas (CNG) – powered buses with a view of running 841 CNG buses on 39 routes by the end of this year.
The Vietnam National Oil and Gas Group (PVN) hopes to expand ties with Japanese partners.
VOV.VN - The Vietnam National Oil and Gas Group (PVN) produced about 6.45 million tonnes of crude oil in the first quarter of this year, exceeding its three-month plan by 5 percent.
The Hanoi People’s Court on March 8 sent the Ocean Bank case back to the nation’s main prosecuting agency, the People’s Supreme Procuracy, for further investigation and reframing of charges.
Deputy Prime Minister Trinh Dinh Dung has asked the Vietnam Oil and Gas Group (PVN) to mobilise all resources and solutions for the completion of all targets set for 2017, especially those in oil and gas production.
The Vietnam-Russia Oil and Gas Joint Venture Enterprise (Vietsovpetro) has welcomed the first flow of oil and condensate from TU-6 well of BK-TNG platform in the Thien Ung field.
The Vietnam National Oil and Gas Group (PVN) has put into operation the analysis laboratory centre and the office of the Vietnam Petroleum Institute (VPI) in the Saigon Hi-tech Park in Ho Chi Minh city.
Vietnam’s much-touted E5 bio-fuel projects have virtually ground to a halt as Vietnam National Oil and Gas Group’s (PVN) three E5 factories have remain shut while domestic consumers have turned their back on the fuel.
The Government has allowed Binh Son Refining and Petrochemical Co Ltd (BSR) to make its own price mechanism after the company has repeatedly called for support to improve the competitiveness of its products.
VOV.VN - The Vietnam Oil and Gas Group, whose international transaction name is Petrovietnam, or PVN for short, announced on August 22 that it has signed an agreement with Total E&P Myanmar Ltd to supply oil rigs.
The Vietnam National Oil and Gas Group (PVN) earned US$11.3 billion in revenue and paid VND50.7 trillion to the State budget in the first seven months of this year.
The local mining industry saw a decline in production growth in the first seven months of this year, which is likely to extend to the end of the year, said the General Statistics Office (GSO).
The PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to expand its coverage in rig and drilling related services provision, to Myanmar, Malaysia and the Middle East, according to General Director Pham Tien Dung.
There would be more auctions of shares from oil and gas companies in the second half of 2016 under the directives of the Government on equitisation of State-owned enterprises.
The Vietnam National Oil and Gas Group (PVN) should promote further restructuring of its enterprise and products to increase competition and efficiency in operations, Deputy Prime Minister Trinh Dinh Dung said.