The Vietnam Oil and Gas Group (PetroVietnam) continues to maintain its first place on the top 500 most profitable companies in Vietnam in 2022 (PROFIT500) for the fourth consecutive year.

The one-million-tonne Thi Vai LNG storage project invested by Petrovietnam Gas Joint Stock Corporation (PV GAS) has reached 97.08% of the progress, with a total safe time of more than 2.73 million hours and no occupational accidents during project implementation.

PV GAS Trading, an affiliate of the PetroVietnam Gas Joint Stock Corporation (PV GAS), recently provided the first batch of propane for the southern petrochemical complex of the Long Son PetroChemicals Co. Ltd (LSP).

Four member companies of the Vietnam Oil and Gas Group (PetroVietnam) have been named in the list of the top 50 listed firms in Vietnam in 2022 compiled by Forbes Vietnam.

VOV.VN - PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named among the top 50 listed companies for this year by Forbes Vietnam, marking the firm’s 10th consecutive appearance on the list.

As of late May, the Dragon Gas Compression Platform (DGCP) of the PetroVietnam Gas Joint Stock Corporation (PV GAS) saw an output of 5 billion cu.m of gas, according to the company.

PetroVietnam Gas JSC (PV Gas) and the AES Corporation of the US have been granted an investment certificate and a business registration certificate for the Son My liquefied natural gas (LNG) terminal project.

PetroVietnam Gas Corporation (PV GAS) should make efforts to achieve the target of annual growth of 10% in 2022 and following years, General Director of the Vietnam National Oil and Gas Group (PetroVietnam) Le Manh Hung has said.

Many banks have recently offered to sell mortgaged assets, mainly real estate, worth billions of VND, to recover debts amid the recovery of the realty market.

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.