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.

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.

VOV.VN - The Expo-Russia Vietnam 2022 is scheduled to run from December 7 to 9 in Hanoi to enhance trade connectivity between Vietnamese and Russian enterprises.

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.

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).

VOV.VN - Russian Foreign Minister Sergei Lavrov flew to Hanoi on July 5 for a two-day visit to Vietnam to mark the 10th anniversary of the comprehensive strategic partnership between Vietnam and Russia.

The revision of the Petroleum Law is crucial to creating a smooth legal corridor for investors and increasing the attractiveness of the investment environment in the field of oil and gas, said Minister of Industry and Trade Nguyen Hong Dien.

VOV.VN - Deputy Minister of Industry and Trade Dang Hoang An and Azerbaijani Ambassador to Vietnam Anar Imanov have agreed to continue strengthening co-operation in the field of oil and gas, a move which is a long-term strategic priority of both sides.

VOV.VN - The United Arab Emirates (UAE) is Vietnam’s leading economic and trade partner in the Middle East, and Vietnam wants to expand all-round cooperation with the state, said Minister of Industry and Trade Nguyen Hong Dien who was visiting the UAE.

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.