Tag: PetroVietnam
Largest oil refinery on verge of shutdown due to financial difficulties
VOV.VN - The Nghi Son oil refinery and petrochemical plant (NSRP), the largest of its kind in Vietnam, is on the brink of closure due to financial difficulties.
Vietsovpetro’s profits see 73.2% higher than target in 2021
Vietnam-Russia oil and gas joint venture Vietsovpetro has exceeded the production and financial targets for 2021 with profits for both sides was 282.5 million, or 73.2% higher than the set plan.
NA Chairman assures Indian businesses of better investment climate
VOV.VN - Vietnam National Assembly Chairman Vuong Dinh Hue, who is in New Delhi for an official visit to India, received AK Gupta, managing director and CEO of the India Oil and natural Gas Corporation (ONGC) on December 17.
Obstacles should be removed to facilitate offshore wind power development: Experts
Offshore wind power is considered a promising field and able to replace renewable energy in Vietnam but the industry is rather new and it is difficult to implement offshore wind power projects, heard participants at a seminar held in Hanoi on December 16.
Petrovietnam: 2021 mission accomplished ahead of schedule
The Vietnam Oil and Gas Group (Petrovietnam) has achieved many of its 2021 targets ahead of schedule, according to the Group’s regular meeting for December.
PetroVietnam remains among country’s top three largest firms
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.
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.
