Tag: PetroVietnam
PVEP’s State budget contribution surpasses 43% of set target
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), contributed nearly VND2.3 trillion (US$99.8 million) to the State budget in the first four months of 2021, or 43% higher than the set plan.
VPI, PVOIL partner in research on electric-vehicle battery, charging station
The Vietnam Petroleum Institute (VPI) and the PetroVietnam Oil Corporation (PVOIL) have agreed to collaborate in the research on electric vehicle (EV)’s battery and charging station.
Seven defendants in Phu Tho ethanol case file appeals
Seven defendants and one unit whose rights and obligations were associated with the Phu Tho ethanol plant case have filed appeals after the Hanoi People’s Court passed judgement a month ago.
Fitch Ratings upgrades PetroVietnam’s outlook to ‘positive’
Fitch Ratings has revised the outlook for the Vietnam Oil and Gas Group (PetroVietnam) to “positive” from “stable”.
PV Power reports over US$31.2 mln in post-tax profit in Q1
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND720 billion (over US$31.2 million) in the first quarter of 2021, surpassing the quarterly plan by 6%.
Oil and gas companies expect good performance in Q1
Many Vietnamese companies in the oil and gas field might post positive results in the first quarter of 2021 thanks to the strong rally of crude oil in the international market.
PVEP’s contribution to State budget 41% higher than plan in Q1
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has surpassed all of its business goals in the first quarter of 2021, with contribution to the State Budget particularly 41% higher than the year’s plan.
Ethanol Phu Tho case: former PetroVietnam executive sentenced to 11 years in prison
Former Chairman of the Board of Directors of the Vietnam National Oil and Gas Group (PetroVietnam) Dinh La Thang was sentenced to 11 years in prison, during a trial on the case of violating regulations on investment in construction works, causing serious consequences at an ethanol plant in the northern province of Phu Tho on March 15.
Ethanol Phu Tho case: former PetroVietnam executive faces up to 13 years in jail
A prison term from 12 to 13 years has been proposed for former Chairman of the Board of Directors of the Vietnam National Oil and Gas Group (PetroVietnam) Dinh La Thang, during an ongoing trial on the case of violating regulations on investment in construction works, causing serious consequences at an ethanol plant in the northern province of Phu T
PM hails role of Vietnam Bank for Social Policies in poverty reduction
Prime Minister Nguyen Xuan Phuc has affirmed the significant role played by the Vietnam Bank for Social Policies (VBSP) in the country’s poverty alleviation efforts.
