The National Oil and Gas Group (PetroVietnam) has announced the decisions to appoint Nguyen Van Mau, its Deputy General Director, and Tran Binh Minh, head of the PetroVietnam Office, as two new members of its Board of Members.
National Assembly Chairman Vuong Dinh Hue on July 25 asked the Binh Son Refining and Petrochemical JSC (BSR), a wholly-owned subsidiary of PetroVietnam, to mobilise all resources for the expansion and upgrading of the Dung Quat Oil Refinery.
The combined revenue of 17 out of 19 groups and corporations under the Commission for the Management of State Capital at Enterprises was estimated at over VND892.16 trillion (US$38.05 billion) in the first half of this year, equivalent to 90% of the yearly target and up 27% year-on-year.
Over the past 30 years, foreign investors have injected US$45 billion to oil and gas in Vietnam, greatly contributing to the growth of the sector, according to the Vietnam Oil and Gas Group (PetroVietnam).
The Vietnam Oil and Gas Group (PetroVietnam) pumped 5.48 million tonnes of crude oil in the first six months of this year, surpassing the set target by 23%.
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND1.159 trillion (over US$49.56 million) in the first six months of 2022, surpassing the target set for the entire year by 56%.
PetroVietnam Coating JSC, a member of PetroVietnam Gas JSC, has won a contract to coat a 14-inch, 9.5km-long marine pipeline using anti-corrosion method and reinforced concrete as part of a mining project run by Thailand's PTTEP Group in Myanmar.
Despite difficulties in the first five months of this year, the Vietnam Oil and Gas Group (PetroVietnam) managed to increase its production, contributing to ensuring national energy security.
VOV.VN - PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named among the top 50 listed companies for this year by Forbes Vietnam, marking the firm’s 10th consecutive appearance on the list.
As of late May, the Dragon Gas Compression Platform (DGCP) of the PetroVietnam Gas Joint Stock Corporation (PV GAS) saw an output of 5 billion cu.m of gas, according to the company.