Tag: Vietnam Oil and Gas Group
PetroVietnam featured as most profitable firm in 2024
VOV.VN - The Vietnam Oil and Gas Group (PetroVietnam) continues to top the PROFIT500 list, which names the 500 most profitable enterprises in the nation for the year.
Petrovietnam fulfils annual budget contribution target ahead of schedule
VOV.VN - The Vietnam Oil and Gas Group (Petrovietnam)’s contributions to the State budget has met this year’s target five months ahead of schedule.
Petrovietnam generates over 10 billion kWh of electricy in five months
The Vietnam Oil and Gas Group (Petrovietnam) generated over 10 billion kWh of electricity in the first five months of 2023 which equals 42.5% of the yearly target.
PV Power enjoys “BB” rating for third consecutive year
VOV.VN - Fitch Ratings has affirmed that PetroVietnam Power Corporation (PV Power)’s long-term foreign-currency issuer default rating (IDR) of “BB” with a positive outlook.
Gas sale heads of agreement signed for O Mon II Thermal Power Project
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.
Artificial intelligence, machine learning applied to petroleum exploration
The Vietnam Petroleum Institute (VPI), a member of the Vietnam Oil and Gas Group (PetroVietnam), has applied artificial intelligence (AI) and machine learning to quickly identify the presence of fractured granite basement, with an accuracy rate of over 80%, helping save exploration time and costs.
PetroVietnam remains among country’s top three largest firms
Vietnam Oil and Gas Group (PetroVietnam) remains one of the three largest enterprises in the country in 2021, the 14th year in a row, according to the VNR500 rankings unveiled by Vietnam Report JSC.
PetroVietnam completes oil exploitation plan for 2021 ahead of schedule
The Vietnam Oil and Gas Group (PetroVietnam) has reported that it has completed the target of 7.99 million tonnes of oil output set for this year, 42 days ahead of schedule.
State budget contribution of PetroVietnam expands by 21% of yearly plan
VOV.VN - The Vietnam Oil and Gas Group (PetroVietnam) contributed a total of VND75.4 trillion, equivalent of US$3.32 billion, to the State budget throughout the first 10 months of this year, an increase of 23% from the same period last year and a figure 21% higher than the yearly plan.
Fitch Ratings gives PV Power ‘BB’ rating with positive outlook
VOV.VN - Fitch Ratings has assigned PetroVietnam Power Corporation-Joint Stock Company (PV Power) a long-term foreign-currency issuer default rating (IDR) of 'BB', with a positive outlook moving forward.