Vietnam Oil and Gas Group

Update news Vietnam Oil and Gas Group

Temporarily halting petrol and oil imports must be considered carefully: ministry

The proposal of temporarily halting the import of petrol and oil must be carefully considered to ensure national energy security and harmonise...

PVN proposes halt of petrol imports to support refineries amid tumbling domestic consumption

PVN’s proposal was raised as sales of petrol and oil products in the domestic market slumped an estimated 30 per cent in the first quarter of this year. PVN also forecast bigger reductions in the coming months.


PVN records revenue of $31.7b in 2019

The Viet Nam Oil and Gas Group (PVN) earned revenue of more than VND736 trillion (US$31.7 billion) in 2019, marking a year-on-year increase of 17 per cent.


Japanese company buys stakes in Vietnamese gas firm

Saibu Gas of Japan reached an agreement to obtain a 21-percent stake in the PetroVietnam Low Pressure Gas Distribution JSC (PVGD) – a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam).

PetroVietnam in need of investment capital

Demand for investment capital at the Vietnam Oil and Gas Group (PVN) and its member units for 2018-20 was estimated to reach VND620 trillion (US$26.7 billion), PetroVietnam Securities Inc (PSI) recently announced.


PetroVietnam makes $27b in January-October period

Total revenue of the Vietnam Oil and Gas Group (PetroVietnam) reached VNĐ627.74 trillion (US$27 billion) in the first 10 months of this year, 10.4...

PetroVietnam tops list of most profitable firms

The Vietnam Report JSC and online newspaper VietNamNet held a ceremony in Hanoi on November 6 to announce the Profit500 2019 list.

Japanese bank eyes VN Electricty Group's energy projects

The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN).