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Signing the Gas Purchase Agreement from Su Tu Trang Field (phase 2A)

05:45 |02/09/2020

Vietnam Oil and Gas Group (PVN) informed that on August 31, 2020, in Hanoi, PVN held a signing ceremony for gas purchase agreement (GPA) from Su Tu Trang (White Lion) field, Lot 15-1 (phase 2A).

For the first time, the 'reserve offset' factor of PVN has reached 1.19 times since 2016

08:13 |14/07/2020

Information from the Vietnam Oil and Gas Group (PVN) said: With the drastic implementation of "The package of solutions to cope with the double impact of the Covid-19 pandemic and deeply falling oil prices", in ...

PVN adjusted the budget for oil and gas investment in 2020

08:41 |10/07/2020

In response to the 'double impact' caused by the Covid-19 epidemic and the sharp decline in oil prices, the Vietnam Oil and Gas Group (PVN) has proactively made the plans to adjust the Program of ...

PVN sets the target for "stable development" even when oil price falling to 30 USD / barrel

13:00 |11/06/2020

At the Party Congress of the Vietnam Oil and Gas Group (PVN) in 2020-2025 term, on June 9,2020, in Hanoi, Mr. Le Manh Hung - PVN General Director proposed a target to decrease ...

Approving the planned targets on production, business and development investment of PVN in 2020

07:58 |29/05/2020

The State Capital Management Committee at Enterprises has just issued the Decision No. 237 / QD-UBQLV dated May 21, 2020 on approving the planned targets on production, business and development investment of Vietnam Oil and ...

The Prime Minister and Deputy Prime Ministers take measures to remove difficulties for PVN

08:22 |25/05/2020

Understanding the Covid-19 pandemic and the sharp decline of oil prices greatly affected the production and business activities of Vietnam Oil and Gas industry, Prime Minister (PM) Nguyen Xuan Phuc has asked the ministries and ...

The PVN has a plan to invite 1,600 international petroleum experts to Vietnam

08:08 |07/05/2020

In the near future, Vietnam Oil and Gas Group (PVN) has a plan to invite 1,600 international high-tech oil and gas experts to Vietnam to carry out the key projects deploying in situation of Covid-19 ...

Why PVN can’t buy oil at “bottom price” for reserve?

14:50 |23/04/2020

According to Vietnam Oil and Gas Group (PVN), it is not feasible to buy oil with “bottom price” because we do not yet have mechanisms and policies on risks for this activity (buying oil at ...

Suffering "double impact", the financial targets of PVN could not be achieved as planned

07:40 |09/04/2020

The Vietnam Oil and Gas Group (PVN) informed that its financial targets in the first quarter of 2020 could not reach as planned because of “double impact” from Covid-19 pandemic and low oil prices.

The goal of PVN on the overseas petroleum investment is facing difficulties

08:14 |30/03/2020

Information from the Vietnam Oil and Gas Group (PVN) shows: In the coming time, PVN will continue carrying overseas oil and gas searching, exploring and exploiting activities by the careful steps, suitable with the financial ...

PVN aims forwards to exploit 'non-traditional' petroleum

08:36 |25/03/2020

In the coming period, besides promoting search, exploration and exploitation of petroleum in deep-water, offshore areas in association with the national sovereignty protection at the sea in accordance with the development orientation of Vietnam’s Petroleum ...

PVN is studying to develop the infrastructural bases for LNG import

08:44 |18/03/2020

The Vietnam Oil and Gas Group (PVN) informed that the Group is currently studying to search the markets and build infrastructural bases for importing liquefied natural gas (LNG) and studying to develop the gas pipelines ...

PVN has completed many plan targets right in January 2020

13:04 |07/02/2020

According to the information from Vietnam Oil and Gas Group (PVN), the group has exceeded many plan targets right in January 2020 as: the turnover of the group reached 66,300 billion VND (16.2% over the ...

PVN has exceeded many targets of 2019 plan

12:14 |09/12/2019

Vietnam Oil and Gas Group (PVN) has completed over two months for the 4 targets in year plan as increasing the oil and gas reserves, total turnover, state budget payment and consolidated after- tax profits.

The Chairman of PVEP Member Council has been in charge of ASCOPE General Secretary

08:36 |04/12/2019

On November 29, in Hanoi, within the framework of activities of the 45th Session of the ASEAN Council on Petroleum (ASCOPE), a handover ceremony of the function of ASCOPE General Secretary between National Petroleum Company ...

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