Comprehensive revisions needed for Petroleum Law Business

Comprehensive revisions needed for Petroleum Law

After nearly 30 years of enforcement, the Petroleum Law now needs revisions to be in line with international practices and Vietnam’s energy development strategy and create momentum for the oil and gas industry’s development.
Nghi Son refinery reaches new milestone Business

Nghi Son refinery reaches new milestone

Nghi Son Refinery and Petrochemical LLC (NSRP) has delivered two petrol shipments to the Nghi Son Refinery Distribution Branch (PVNDB), an affiliated company of the Vietnam Oil and Gas Group (PetroVietnam). ​
PetroVietnam’s board has two new members Business

PetroVietnam’s board has two new members

The National Oil and Gas Group (PetroVietnam) has announced the decisions to appoint Nguyen Van Mau, its Deputy General Director, and Tran Binh Minh, head of the PetroVietnam Office, as two new members of its Board of Members.
Nghi Son Refinery supplies 20 million tonnes of petroleum to domestic market Business

Nghi Son Refinery supplies 20 million tonnes of petroleum to domestic market

Nghi Son Refinery and Petrochemicals LLC (NSRP) in the Nghi Son Economic Zone in the central province of Thanh Hoa has successfully loaded two shipments of gasoline and middle distillate to the Vietnam Oil and Gas Group's Nghi Son Refinery Distribution Branch (PVNDB) in accordance with the off-take agreement signed between the two sides since 2013.
Malaysia posts record trade hike in June World

Malaysia posts record trade hike in June

Malaysia’s trade turnover witnessed a record high in June, hitting 270.39 billion RM (over 60.6 billion USD), up 43.4% year-on-year, which is a clear sign of strong and flexible development of the country’s economic foundations.
Petrovietnam takes lead in international cooperation Business

Petrovietnam takes lead in international cooperation

The Vietnam Oil and Gas Group (PetroVietnam) is considered a pioneer economic group in international cooperation and investment expansion abroad. PV has a total of 11 oil and gas contracts currently in the implementation phase in nine countries and territories worldwide.