PVEP exceeds numerous set targets in Q1 Business

PVEP exceeds numerous set targets in Q1

The PetroVietnam Exploration Production Corporation (PVEP) has fulfilled its yearly profit target for 2022 by the end of the first quarter of the year, earning an estimated 5,892 billion VND (nearly 258 million USD) in pre-tax profit, up 117 percent year-on-year and surpassing the yearly plan by 2 percent.
PM stresses the need to ensure energy self-sufficiency Business

PM stresses the need to ensure energy self-sufficiency

It is a must to ensure energy self-sufficiency and balance in any circumstances, meeting energy demand in production, business, national defence and security, and other activities, Prime Minister Pham Minh Chinh said while chairing a working session with the Vietnam Oil and Gas Group (PetroVietnam) in Hanoi on March 16.
PV GAS aims for annual growth of 10 percent from 2022 Business

PV GAS aims for annual growth of 10 percent from 2022

PetroVietnam Gas Corporation (PV GAS) should make efforts to achieve the target of annual growth of 10 percent in 2022 and following years, General Director of the Vietnam National Oil and Gas Group (PetroVietnam) Le Manh Hung has said.
PVGAS Trading imports 30,000 tonnes of refrigerated LPG  Business

PVGAS Trading imports 30,000 tonnes of refrigerated LPG

PetroVietnam Gas Trading Company (PVGAS Trading), a subsidy of the Petrovietnam Gas Joint Stock Corporation (PV GAS), has successfully imported 30,000 tonnes of refrigerated liquefied petroleum gases (LPG) to the floating warehouse vessel Viet Dragon 68 off the coast of the northern province of Thai Binh.
PetroVietnam’s revenue hits over 27.1 billion USD in 2021 Business

PetroVietnam’s revenue hits over 27.1 billion USD in 2021

The Vietnam Oil and Gas Group (PetroVietnam) reported that it had met its revenue target in 2021 two months ahead of schedule, generating 620.2 trillion VND (over 27.1 billion USD), surpassing the yearly plan by 26.4 percent, and up 28 percent year-on-year.
Vietnam facilitates operations of Indian oil and gas firms: Top legislator Business

Vietnam facilitates operations of Indian oil and gas firms: Top legislator

Vietnam creates optimal conditions for Indian companies to continue their long-term operations and expand investment in energy and oil and gas exploration and production in the country’s continental shelf and exclusive economic zone, Vietnamese National Assembly Chairman Vuong Dinh Hue affirmed on December 17.