Five more people prosecuted for petroleum firm scam

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Báo Dân Trí English 1 week(s) ago

The Ministry of Public Security’s Investigation Police Agency on February 15 issued a decision to prosecute five people for being found to have involved in asset misappropriation of PetroVietnam Construction Joint Stock Corporation (PVC).

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Nghi Son Refinery may not be eligible for preferential selling price

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Báo Đầu Tư English 1 week(s) ago

PetroVietnam may not have to purchase the products of Nghi Son Refinery and Petrochemical Complex (NSRP), a joint venture between PetroVietnam, Kuwait Petroleum International, Idemitsu Kosan, and Mitsui Chemical International, at the preferential price earlier agreed upon.

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Shares mixed, energy stocks upbeat on oil prices

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Báo Đầu Tư English 1 week(s) ago

Vietnamese shares were mixed on the two local markets on Monday morning, with moderate market trading liquidity.

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State Audit issues 22-year record fines

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Báo Dân Trí English 3 week(s) ago

The State Audit Office of Vietnam has proposed VND35.9trn (USD1.6bn) in fines last year, the highest in 22 years, on local businesses for their violations, according to their report to the prime minister on February 2.

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BOT powering energy plans

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Báo Đầu Tư English 1 month(s) ago

Good signs for build-operate-transfer power projects arose early this year as foreign investors have gained the Vietnamese government’s growing trust to undertake construction of projects.

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$10bn ExxonMobil-developed gas project initiated off central Vietnam

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Báo Tuổi Trẻ English 1 month(s) ago

A massive US$10 billion project has been initiated on a gas field off the central Vietnamese coast, following agreements reached last week by a subsidiary of the country’s state-run energy giant PetroVietnam and the Vietnamese unit of ExxonMobil Corp.

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US group, PVEP sign gas project development framework agreement

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Báo Đầu Tư English 1 month(s) ago 1 related news

The Vietnam National Oil and Gas Group (PetroVietnam)’s Exploration Production Corporation (PVEP) and the Exxon Mobil Vietnam Company signed a framework agreement on the Blue Whale project development and gas sale in Hanoi on January 13.

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PetroVietnam, ExxonMobil sign gas purchase agreement

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Báo Dân Trí English 1 month(s) ago 1 related news

The PetroVietnam Exploration Production Corporation (PVEP) under the Vietnam National Oil and Gas Group (PetroVietnam) and ExxonMobil Vietnam signed a framework agreement on the Ca Voi Xanh field project development and a gas purchase agreement from the Ca Voi Xanh field on January 13.

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Vietnam tanker heads for conflict-hit Yemen

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Báo Tuổi Trẻ English 1 month(s) ago

A tanker operated by PVTRANS, the transportation arm of the state-run gas and oil giant PetroVietnam, departed on Monday for a New Year shipping trip, heading toward war-torn Yemen on the southern Arabian Peninsula.

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PetroVietnam to increase oil and gas reserves

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SaiGon GP English 1 month(s) ago

The Vietnam National Oil and Gas Group (PetroVietnam) strives to increase oil and gas reserves to 10-15 million tonnes this year, said Chairman of the Board of Directors Nguyen Quoc Khanh.

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Party’s Commission to focus on tackling major corruption cases

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SaiGon GP English 1 month(s) ago

Keeping a close eye on and providing consultancy for investigations and judging of serious economic and corruption cases is among major tasks defined by the Party Central Committee’s Commission for Internal Affairs in 2017 at a conference in Hanoi on January 5.

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Oil stocks lead market for second day

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Báo Đầu Tư English 1 month(s) ago

Shares rose for second day on Wednesday, boosted by strong gains in the oil and gas sector and investors’ continued faith in optimistic market prospects.

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Oil stocks lift the market

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Báo Đầu Tư English 1 month(s) ago

Shares continued to advance on Wednesday morning on the two markets, boosted by strong gains in oil and gas stocks.

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PetroVietnam tops list of 500 lead earners

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Báo Dân Trí English 2 month(s) ago

State-run Vietnam Oil and Gas Group (PetroVietnam) remains on top of the 500 largest Vietnamese enterprises list (VNR500) in 2016 in terms of revenue.

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Ministry to tighten control over junkets

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Báo Dân Trí English 2 month(s) ago

The Ministry of Industry and Trade (MoIT) has tightened control over overseas trips by leaders of its groups and corporations, particularly those from Vietnam National Oil and Gas Group (PetroVietnam).

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