Tag: PetroVietnam
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.
ADB, PetroVietnam team up to promote green energy development in Vietnam
The Vietnam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on November 18 signed a Memorandum of Understanding (MOU) on establishing a strategic partnership for 2021-2024 to promote renewable energy development, and help PetroVietnam achieve targets in green energy transition.
PV Power targets 1,707 million KWh of electricity in November
The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), set a goal of producing 1,707 million KWh of power and earning nearly VND2.5 trillion (US$110.3 million) in November.
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.
Solutions sought to deal with reduction in oil and gas production
Since 2015, Vietnam has seen consecutive declines in oil and gas output and exploitation plan. What're reasons behind the situation and solutions to the problem?
Quang Ninh LNG power plant project officially launched
VOV.VN - A ceremony to launch the Quang Ninh liquefied natural gas (LNG) power project was held on October 24 in Cam Pha city, the northern province of Quang Ninh.
Oil and gas firms suffer drop in Q3 profit due to COVID-19 impacts
Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.
Vietnam’s 500 most profitable enterprises in 2021 announced
The Vietnam Report and online newspaper VietNamNet have just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.
PetroVietnam’s State budget payment surpasses 2021 target
The Vietnam Oil and Gas Group (PetroVietnam) has surpassed important business and financial targets set for the first nine months of 2021, with its contribution to the State budget fulfiling the yearly plan.
Biendong POC’s gas production crosses 15 bln cu.m mark
Bien Dong Petroleum Operating Company (Biendong POC) has produced 15 billion cu.m of gas since its Hai Thach and Moc Tinh gas fields were put into operation in September 2013.
