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.
Oil and gas projects in central region implemented as scheduled Business

Oil and gas projects in central region implemented as scheduled

Oil and gas projects in the central region of Vietnam, including onshore and offshore ones, are being implemented by the consortium of contractors - ExxonMobil Corporation, Vietnam Oil and Gas Group (PetroVietnam) and PetroVietnam Exploration Production Corporation (PVEP) as scheduled.
PetroVietnam enjoys good business results despite falling oil prices Business

PetroVietnam enjoys good business results despite falling oil prices

The Vietnam Oil and Gas Group (PetroVietnam) earned 489.5 trillion VND (over 21 billion USD) in revenue in the first eight months of the year, exceeding the target by 19 percent although the average price of crude oil fell to 58.62 USD per barrel in August compared to the predicted price of 65 USD per barrel.