146-million-USD loan for Polypropylene project Business

146-million-USD loan for Polypropylene project

PetroVietnam and three international banks including BNP Paribas, Calyon and HSBC on October 15 signed a loan contract worth 146 million USD to provide capital for a Polypropylene workshop project.
Business

Vietinbank finances Ca Mau fertiliser plant

The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) will provide the Vietnam Oil and Gas Group (PVN) with a 220 million USD loan to build the Ca Mau nitrogenous fertiliser plant.
Business

PM inspects Dung Quat oil refinery

Prime Minister Nguyen Tan Dung has asked the Dung Quat oil refinery’s management board and relevant agencies to conduct thorough examination and solve all technical problems before putting the factory back into operation on Sept. 30.
PetroVietnam urged to become powerful group Politics

PetroVietnam urged to become powerful group

Party General Secretary Nong Duc Manh asked the Vietnam National Oil and Gas Group (PetroVietnam) to maintain its leading role and turn itself into a powerful international corporation.
Business

Quang Ngai rolls out red carpet for investors

The central province of Quang Ngai is seeking to attract investors for industrial projects in order to become a driving force in the economic development of the key central economic region.
Business

Lilama seeks opportunities in Middle East

The Vietnam Machinery Erection Corporation (Lilama) has cooperated with its foreign partners to set up an oil refinery plant construction and installation company in Arab Saudi in an effort to expand its presence in the Middle East.
Business

Crude oil output increases by 20 percent

The output of crude oil and condensates in June reached 1.39 million tonnes, bringing the total volume in the first half of 2009 to 8.65 million tonnes, a rise of 20 percent over the same period last year, the National Oil and Gas Group (PetroVietnam) announced on June 18.