Energy giant Petrovietnam appoints new general director

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bright prospects for oil and gas stocks: top broker SSI

Bright prospects for oil and gas stocks: top broker SSI

Oil and gas stocks may experience a strong breakout in 2023 from their lows the previous year, said Saigon Securities (SSI), a leading brokerage house in Vietnam.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s Bitexco to buy stake in oil and gas Block 12W

Vietnam’s Bitexco to buy stake in oil and gas Block 12W

Bitexco Group’s Bitexco Energy Ltd. has struck a deal to acquire the entire stake of Ophir Vietnam in the Block 12W oil exploitation contract.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil and gas transportation companies are expected to enjoy significant second-half profit growth extending to next year, while container shipping firms see slower growth.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Oil sector investment crucial, but not at all costs

Oil sector investment crucial, but not at all costs

Attracting investment in Vietnam’s oil and gas industry is essential but not at all costs, and investment stimulation should transcend tax incentives, Vietnamese legislators said Wednesday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam fulfills 67% of full year revenue plan

Petrovietnam fulfills 67% of full year revenue plan

State-owned oil and gas group Petrovietnam reported consolidated revenue of VND372.2 trillion ($16.05 billion) in the first five months of 2022, fulfilling 67% of its full year plan.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam eyes US-based KBR involvement in Vietnam oil industry

Petrovietnam eyes US-based KBR involvement in Vietnam oil industry

The state-run Petrovietnam has suggested U.S. engineering and construction corporation KBR join investments in the mammoth Long Son Petrochemical Complex project in southern Vietnam.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7