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Increase regulation capital to balance investment for projects of PetroVietnam (PVN)
06:50 | 07/05/2014
The Prime Minister has approved to increase the regulation capital of PVN to balance investment capital for its projects in 2011 – 2015 period, according to that, the regulation capital of PVN on December, 31st 2015 expected as a VND 31,400 billion obtained from the sources: Investment and Development Fund; Financial Provision Fund; oil and gas profit of the host and the trivial things left in Corporation by the regulations; Enterprise Arrangement in Corporation; the other capitals of the owner and after-tax profit distribution source of the Corporation, according to the regulations of the laws.
Gazprom Neft to acquire Dung Quat oil refinery stake
11:24 | 10/04/2014
Gazprom Neft, one of the leading oil producers in Russia, is concluding a deal with a Vietnamese partner acquire a stake at the Dung Quat oil refinery and to modernise the plant.