Vietnamplus

A credit contract to provide 95 million USD for the restructuring of Dak Drinh hydro power plant was signed in Hanoi on December 14.

The PetroVietnam Power Corporation (PV Power) has signed a cooperation agreement with gas industry company Novatek of Russia, on the development of liquefied natural gas (LNG) and energy projects in Vietnam.

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 2.5 trillion VND (110.3 million USD) in November.

Credit ratings agency Fitch Ratings has for the first time assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook.

PetroVietnam Power Corporation (PV Power) reported a post-tax profit of 720 billion VND (over 31.2 million USD) the first quarter of 2021, surpassing the quarterly plan by 6 percent.

The Petro Vietnam Power Corportation (PV Power) plans to organise its annual shareholders’ meeting for 2021 on April 27.

PetroVietnam Power Corporation (PV Power) earned 2.5 trillion VND (108 million USD) in revenue in the first month of this year.

Three subsidiaries of the State-owned Vietnam Oil and Gas Group (PetroVietnam) signed a business cooperation contract (BCC) on August 3 to carry out a chain of gas, power, and service port projects.

The PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhon Trach 3 and 4 thermal power plants with combined capacity of between 1,300-1,760 MW.

The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has completed plans for the construction of four liquefied natural gas (LNG)-fired power plants.

A number of listed companies have announced lower earnings in April after closing for half of the month.

PetroVietnam Power Corporation (PV Power) has supplied 200 billion kWh to the national grid since it started operations 13 years ago, confirming its position as the top power supplier in the country.

PetroVietnam Power Corporation (PV Power) reported revenue of nearly 7.8 trillion VND (334.7 million USD) in the first quarter of this year, more than 23 percent of the annual goal.

PetroVietnam Power Corporation (PV Power) has said that a consortium of Citibank and Ingbank will arrange funds for the construction of its gas-fired power plants Nhon Trach 3 and 4 in the southern province of Dong Nai.

Royal Dutch Shell PLC is considering to install solar panels to power its Pulau Bukom refinery site in Singapore, according to the company.

The PetroVietnam Gas Joint Stock Corporation (PV Gas) signed contracts on the building of a liquefied natural gas (LNG) warehouse and the provision of the product for two thermal power plants.

PV Power, an subordinate company of the Vietnam Oil and Gas Group (PetroVietnam), reported positive business results in the first five months of this year despite difficulties the company faced in generating power.

The PetroVietnam Power Corporation (PV Power) is accelerating the raising of 32 trillion VND (1.4 billion USD) for its Nhon Trach 3 & 4 thermal power plants.

The Vietnam Oil and Gas Group (PetroVietnam) has been listed in the top 50 of the 500 largest enterprises in Vietnam (VNR500) in 2018.

The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power).