Gasoline retailer PVOIL posts $11.8 mln pre-tax profit in Q1
PVOIL, a subsidiary of state-run giant Petrovietnam, recorded a consolidated pre-tax profit of VND300 billion ($11.83 million) in the first quarter of 2024, up 5% year-on-year, said its leadership.
Companies - Fri, April 26, 2024 | 7:59 am
Petrovietnam Gas aims to supply $2 bln LNG power plant in northern Vietnam
PV Gas, a subsidiary of state-owned Petrovietnam, aims to supply LNG to the $2-billion Thai Binh LNG-to-power plant project in the northern province of Thai Binh, the firm told provincial authorities on Tuesday.
Energy - Wed, April 17, 2024 | 3:17 pm
PV Gas receives second LNG delivery for power generation
PV Gas, a subsidiary of state-owned Petrovietnam, received its second load of 70,000 tons of liquefied natural gas (LNG) at its port in Vietnam’s southern province of Ba Ria-Vung Tau on Thursday.
Energy - Fri, April 12, 2024 | 4:03 pm
PV Gas to supply LNG for power production
PV Gas, a subsidiary of state-owned Petrovietnam, is set to supply 70,000 tons of LNG to state utility Vietnam Electricity (EVN) for power production, starting mid-April, PV Gas said Tuesday.
Energy - Thu, April 11, 2024 | 3:43 pm
Phu My Fertilizer estimates $12 mln in Q1 pre-tax profit
Petrovietnam Fertilizer and Chemicals Corporation (Phu My Fertilizer) expects to earn VND3.3 trillion ($132 million) in revenue and VND300 billion ($12 million) in pre-tax profit in the first quarter of 2024, exceeding both targets, according to CEO Phan Cong Thanh.
Companies - Wed, April 10, 2024 | 8:12 am
Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
PetroVietnam Power (PV Power) has reached agreement for a $300 million short-term loan from the U.S.’s Citibank and the Netherlands-based bank ING for developing Vietnam’s first LNG power plants.
Energy - Tue, April 9, 2024 | 6:14 pm
Russia's Zarubezhneft eyes Vietnam offshore wind power projects
Russian oil-gas giant Zarubezhneft is looking to expand its operations in Vietnam to offshore wind power projects, general director Sergey Ivanovich Kudryashov told Prime Minister Pham Minh Chinh Monday.
Energy - Mon, April 8, 2024 | 4:33 pm
Gasoline retailer PVOIL hit by ransomware attack
PVOIL, a subsidiary of state-run giant Petrovietnam, was attacked by hackers at 0:00 on Tuesday, causing its website, email, payment application and electronic invoices to shut down.
Companies - Tue, April 2, 2024 | 5:07 pm
Dung Quat refinery set for $1.49 bln expansion to increase output by 16%
Binh Son Refining and Petrochemical JSC (BSR), the operator of Dung Quat oil refinery and a subsidiary of state-owned Petrovietnam, is set to spend VND36,397 billion ($1.49 billion) on expanding the refinery.
Energy - Mon, April 1, 2024 | 10:37 am
Phu My Fertilizer to pay 2023 cash dividends at 20%
Petrovietnam Fertilizer and Chemicals Corporation (Phu My Fertilizer) plans to pay cash dividends at a rate of 20%, equivalent to VND783 billion ($31.32 million), in 2023.
Companies - Mon, April 1, 2024 | 8:08 am
Petrovietnam Gas to receive 70,000 tons of LNG from QatarEnergy LNG next month
QatarEnergy LNG, the biggest LNG producer in the world, is set to deliver 70,000 tons of LNG to Petrovietnam Gas (PV Gas), a subsidiary of state-owned oil-gas group Petrovietnam, on April 12-13.
Energy - Fri, March 29, 2024 | 9:50 pm
Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project
State-run Petrovietnam and its subsidiaries have signed deals with Japanese and Thai partners to buy gas for their long delayed $12 billion power project at Block B-O Mon.
Energy - Fri, March 29, 2024 | 2:05 pm
Energy giant Petrovietnam appoints new general director
Board members of state-owned Petrovietnam have appointed Le Ngoc Son the new general director of the group for a five-year term starting Monday.
Companies - Tue, March 19, 2024 | 8:13 am
Major Vietnamese firms call for stable exchange rate
Major Vietnamese companies, including energy giant Petrovietnam, real estate developer Sun Group and national carrier Vietnam Airline, have asked the central bank to keep the VND/USD rate stable amidst global financial turbulence.
Banking - Fri, March 15, 2024 | 4:03 pm
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