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The Ministry of Industry and Trade (MOIT) has submitted to the Prime Minister (PM) the proposal of equitization plan for Vietnam Oil and Gas Corporation (PV Oil) of Vietnam Oil and Gas Group (PVN).

Petrovietnam Transportation Corporation (PV Trans) has just announced the completion of investing the first oil tanker in 2016 by receiving PVT Saturn oil tanker in Singapore. Rightly after receiving PVT Saturn PV Trans has signed a contract for shipping the first consignment to India on June 26, 2017 and expected to exploit the international markets as Northern Asia, India, Middle East.

PetroVietnam Drilling & Well Services Corporation (PV Drilling) (Securities Code: PVD) said that it is estimated that business results in the 3rd quarter of 2015, in which profit after tax is estimated at 567 billion VND, decrease 5.0% over the same period (Q3 / 2014) but increased by 7.9% comparing to the previous quarter (Q2 / 2015). 

From September 9 to 12, 2019, the delegation of Binh Son Petrochemical Joint Stock Company (BSR) led by General Director Bui Minh Tien attended the 35th APPEC Conference in Singapore. This is an opportunity for BSR to contact and discuss with partners to expand opportunities for importing crude oil for Dung Quat Oil Refinery.

At the working meeting with the key leaders of Quang Ngai province on Feb 22, President Truong Tan Sang affirmed: Although the crude oil prices in the world continue sharp fall, Vietnam still is determined to upgrade and expand Dung Quat oil refinery Plant in coming time.

In fact, Because the capacity for producing gasoline and oil products is much lower than its consumption demand, Vietnam still has to spend billions of dollars to import petrochemical products for domestic demand and according to the demand forecast, Vietnam will lack a large amount of gasoline and oil products in the future...

Bulgaria’s Prista Oil will co-operate with the state-run PetroVietnam to set up an oil recycling plant to manage and treat used oil in Vietnam.

In context of facing many difficulties and challenges of of oil and gas drilling industry, PetroVietnam Drilling & Well Services Corporation (PV Drilling) continuing to receive the prize "The best Asian Drilling Contractor 2015" from World Finance at the London stock market, the Kingdom Britain recently has continued to assert the brand name value of PV Drilling. This achievement is due to processes of establishment and development in 14 recent years (November 26, 2001 - November 26, 2015) of all staffs of PV Drilling across generations, across the stages.