Oil-gas industry enhances education-popularisation work Society

Oil-gas industry enhances education-popularisation work

Throughout the course of development of the Vietnam Oil and Gas Group, education-popularisation work has always received due attention, helping encouraging and fostering patriotism and work dedication among generations of engineers, workers and other employees in the industry.
PetroVietnam fulfils 2020 increase to oil and gas reserves Business

PetroVietnam fulfils 2020 increase to oil and gas reserves

The Vietnam Oil and Gas Group (PetroVietnam) has announced that its exploration of the Ken Bau-2X well, located in the Red River Basin offshore of Vietnam’s northern continental shelf, helped the firm fulfil its plan of increasing oil and gas reserves in 2020 ahead of schedule.
Dung Quat Shipyard rides out COVID storm Business

Dung Quat Shipyard rides out COVID storm

The COVID-19 pandemic led to a downturn in global supply chains and demand for goods transport, which hit maritime shipping and shipbuilding hard worldwide. The Dung Quat Shipbuilding Industry Company Ltd (DQS), however, may be the exception, having received a host of orders locally and overseas this year.
PV Gas’s Jan-May revenue surpasses goal despite pandemic Business

PV Gas’s Jan-May revenue surpasses goal despite pandemic

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), reported nearly 27.6 trillion VND (1.18 billion USD) in revenue between January and May, more than 6 percent higher than its target for the period.
Adjustments needed for oil and gas sector to overcome hardships Business

Adjustments needed for oil and gas sector to overcome hardships

Currently, the oil and gas industry is suffering from the double impact of the Covid-19 epidemic and decline in oil prices that greatly affects the production and business plan in particular and the operation of the Vietnam Oil and Gas Group (PetroVietnam or PVN) in general.
PetroVietnam in need of investment capital Business

PetroVietnam in need of investment capital

Demand for investment capital at the Vietnam Oil and Gas Group (PetroVietnam) and its member units for 2018-20 is estimated to reach 620 trillion VND (26.7 billion USD), PetroVietnam Securities Inc (PSI) recently announced.
Construction starts on one-million-tonne Thi Vai LNG warehouse Business

Construction starts on one-million-tonne Thi Vai LNG warehouse

The state-owned oil and gas group PetroVietnam (PVN) and its member company, PetroVietnam Gas Corporation (PV Gas) started construction on a liquefied natural gas (LNG) warehouse at Thi Vai Terminal in the southern province of Ba Ria – Vung Tau on October 28.