Tag: oil
Petrol prices up by VND500/litre on June 1
VOV.VN - The retail prices of petrol were revised up by VND500 per litre as of 3 p.m. on June 1, following the most recent changes made by the Ministry of Industry and Trade, and the Ministry of Finance.
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.
Retail petrol prices rise after three consecutive decreases
VOV.VN - The retail prices of petrol in Vietnam were slightly increased in the latest joint adjustment on May 22 by the Ministry of Industry and Trade and the Ministry of Finance.
Vietnamese, Malaysian oil and gas service companies enter joint venture
Vietnamese offshore support vessel service provider Hai Duong Petroleum and Marine Corporation (Haduco) and Malaysia’s oil and gas marine service provider RMS Synergy Sdn Bhd (RMS) on May 11 signed a cooperation deal in Kuala Lumpur to form a joint venture between the two companies.
Petrol prices continue to fall sharply following May 11 adjustment
VOV.VN - The retail prices of petrol were revised down by VND1,320 as of 5 p.m. on May 11, following changes made by the Ministry of Industry and Trade, and the Ministry of Finance.
Petrovietnam posts profit surge of 77% from four-month target
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.
Vietnam’s first oil refinery to be expanded for US$1.26 billion
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.
Ho Chi Minh City donates US$250,000 to Cuba after oil depot fire
VOV.VN - Duong Anh Duc, vice chairman of the Ho Chi Minh City People's Committee, handed over a token of gift worth US$250,000 to Raul Rodriguez Carricate, director of the Cuban Department of International Cooperation, to help Cuba deal with the impact of the recent massive blaze at an oil storage facility in Cuba’s Matanzas Industrial Park.
Petrovietnam honoured as top 10 Most Innovative Enterprises Vietnam
The Vietnam Oil and Gas Group (Petrovietnam) has been named among the top 10 innovative enterprises in Vietnam in 2023.
