Cultural identities help PetroVietnam sail through difficulties Business

Cultural identities help PetroVietnam sail through difficulties

Harmonious economic and cultural development is the key to the Vietnam Oil and Gas Group (PetroVietnam)'s sustainable growth strategy, constituting its inner strength and brand as well as affirming its position as a strong locomotive and a pioneer in the national economy.
 ADB, PetroVietnam team up to promote green energy development in Vietnam Business

ADB, PetroVietnam team up to promote green energy development in Vietnam

The Vietnam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on November 18 signed a Memorandum of Understanding (MOU) on establishing a strategic partnership for 2021 – 2024 to promote clean and renewable energy development, and help PetroVietnam achieve targets in green energy transition.
PVEP fulfils state budget contribution goal Business

PVEP fulfils state budget contribution goal

The PetroVietnam Exploration Production Corporation (PVEP), has surpassed all of its business goals, with the contribution to the State Budget 7 percent higher than the year’s plan.
PetroVietnam posts three-fold rise in pre-tax profits Business

PetroVietnam posts three-fold rise in pre-tax profits

The Vietnam Oil and Gas Group (PetroVietnam) reported that its pre-tax profit in the first eight months of the year surpassed the set plan by 177 percent and tripled the figure for the same period last year, reaching 30.2 trillion VND (1.32 billion USD).
PetroVietnam plans to embark on hydrogen industry Business

PetroVietnam plans to embark on hydrogen industry

With the goal of helping to guarantee national energy security and in response to a downward trend in oil and gas extraction output, the Vietnam Oil and Gas Group (PetroVietnam) has identified the research and assessment of its opportunities in developing the hydrogen industry, including producing “green” hydrogen and exploring natural hydrogen sources, as a crucial task.