Petrovietnam Gas JSC (PV GAS) has confirmed a purchase with Shell PLC, facilitating the world's leading LNG supplier to transport its first LNG shipment to Vietnam.

Despite oil price declines, the Vietnam Oil and Gas Group (Petrovietnam) posted VND18.2 trillion (US$775.5 million) in consolidated pre-tax profit in the first four months of 2023, surging 77% from its target for the period and equivalent to 52% of this year’s plan.

Dung Quat oil refinery in the central province of Quang Ngai will be expanded to raise its capacity to 171,000 barrels per day, up from 148,000, with a total investment of US$1.26 billion.

Prime Minister Pham Minh Chinh attended the inauguration of Thai Binh 2 thermal power plant, which was held by the Vietnam National Oil and Gas Group (PetroVietnam) in the northern province of Thai Binh on April 27.

The Vietnam Oil and Gas Group (Petrovietnam) has been named among the top 10 innovative enterprises in Vietnam in 2023.

Venezuelan President Nicolás Maduro received outgoing Vietnamese Ambassador Le Viet Duyen on March 13, highlighting the two countries’ fraternity and friendship and calling for stronger cooperation to obtain concrete results in the fields of trade and production.

The self-elevating offshore drilling rig PV DRILLING III, owned by PetroVietnam Drilling and Well Services Corporation (PV Drilling) has recently set a new record for the longest one in Malaysia at 6,963m for its customer Hibiscus Oil & Gas Malaysia Limited (HML).

The Vietnam Oil and Gas Group (Petrovietnam) and a joint venture between the Trading Construction Works Organisation (WTO) and Japan’s Marubeni Corporation signed a gas sale heads of agreement for O Mon II Thermal Power Project on February 22.

The Petrovietnam Exploration Production Corporation (PVEP)’s oil output reached 1 billion barrels on Febraury 8, marking a new milestone in its 35-year development journey.

VOV.VN - Vietnamese people are very happy, whilst the world should recognise Vietnam as a very safe country, Algerian Ambassador to Vietnam Boubazine Abdelhamid said during a recent media interview given during the Lunar New Year, known locally as Tet.