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Tag: oil

Fitch Ratings ranks PetroVietnam's Standalone Credit Profile at 'BB+'
Fitch Ratings ranks PetroVietnam's Standalone Credit Profile at 'BB+'

Fitch Ratings has assessed the Vietnam Oil and Gas Group (PetroVietnam)'s Standalone Credit Profile (SCP) at 'BB+', reflecting the company's conservative financial profile, diversification and integration.

Fitch Ratings ranks PetroVietnam's Standalone Credit Profile at 'BB+'

Fitch Ratings ranks PetroVietnam's Standalone Credit Profile at 'BB+'

Vietsovpetro to complete all goals for 2021 in September
Vietsovpetro to complete all goals for 2021 in September

The Vietnam – Russia oil and gas joint venture Vietsovpetro is likely to complete all of its yearly targets in revenue, profit and State budget payment right in September thanks to comprehensive and effective measures to promote production.

Vietsovpetro to complete all goals for 2021 in September

Vietsovpetro to complete all goals for 2021 in September

PVEP fulfils state budget contribution goal
PVEP fulfils state budget contribution goal

The PetroVietnam Exploration Production Corporation (PVEP), has surpassed all of its business goals, with the contribution to the State Budget 7% higher than the year’s plan.

PVEP fulfils state budget contribution goal

PVEP fulfils state budget contribution goal

PetroVietnam posts three-fold rise in pre-tax profits
PetroVietnam posts three-fold rise in pre-tax profits

The Vietnam Oil and Gas Group (PetroVietnam) reported that its pre-tax profit in the first eight months of the year surpassed the set plan by 177% and tripled the figure for the same period last year, reaching VND30.2 trillion (US$1.32 billion).

PetroVietnam posts three-fold rise in pre-tax profits

PetroVietnam posts three-fold rise in pre-tax profits

Eight-month trade deficit stands at US$ 3.71 billion
Eight-month trade deficit stands at US$ 3.71 billion

VOV.VN - The first eight month of the year saw Vietnam suffer trade deficit of US$3.71 billion, including US$20.36 billion from the domestic economic sector, according to figures provided by the General Statistics Office (GSO).

Eight-month trade deficit stands at US$ 3.71 billion

Eight-month trade deficit stands at US$ 3.71 billion

PetroVietnam works to help remove legal barriers
PetroVietnam works to help remove legal barriers

The Vietnam Oil and Gas Group (PetroVietnam) has been reviewing legal regulations to identify any obstacles to its operations and propose settlement recommendations.

PetroVietnam works to help remove legal barriers

PetroVietnam works to help remove legal barriers

Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat
Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat

Russian Ambassador to Vietnam Gennady Bezdetko has published an article on the occasion of the Vietnam – Russia oil and gas joint venture Vietsovpetro celebrating its 40th founding anniversary and 35 years since it began oil and gas exploitation.

Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat

Vietsovpetro contributes greatly to Vietnam-Russia ties: Russian diplomat

US concludes anti-dumping investigation into Vietnam’s OCTG
US concludes anti-dumping investigation into Vietnam’s OCTG

The US Department of Commerce (DOC) has announced the results of the third administrative review for Vietnam’s oil country tubular goods (OCTG) for the period from September 1, 2018, to August 31, 2019, according to Trade Remedies Authority of Vietnam under the Ministry of Industry of Trade.

US concludes anti-dumping investigation into Vietnam’s OCTG

US concludes anti-dumping investigation into Vietnam’s OCTG

PVEP enjoys over VND14.3 trillion in six-month revenue
PVEP enjoys over VND14.3 trillion in six-month revenue

The PetroVietnam Exploration Production Corporation (PVEP) reported revenue of VND14.35 trillion (US$623.59 million) in the first six months of 2021, equivalent to 144% of its target.

PVEP enjoys over VND14.3 trillion in six-month revenue

PVEP enjoys over VND14.3 trillion in six-month revenue

Careful consideration must be given to extending foreign ownership at petrol firms
Careful consideration must be given to extending foreign ownership at petrol firms

Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business to 35%.

Careful consideration must be given to extending foreign ownership at petrol firms

Careful consideration must be given to extending foreign ownership at petrol firms

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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016