Nestled amidst an arid landscape spanning five provinces, few would have guessed that the Ordos Basin contains China's largest oil reserve, sufficient for 200 years of use.
The Ministry of Industry and Trade has just submitted a draft proposal to establish the Department of Energy and Oil and Gas, based on the Department of Oil, Gas and Coal.
The Strait of Hormuz was paralyzed, disrupting 20% of global oil and liquefied natural gas supplies, increasing the risk of a widespread energy crisis.
In 2024, the Vietnam Oil and Gas Group achieved unprecedented success in nearly 50 years of development, laying the foundation for its transformation into the National Energy Industry Group.
A monkey unexpectedly jumped down from a tree, clung to the head of a male tourist at the Qianling Mountain scenic area (China), and playfully ripped off his wig.
With unwavering determination, the Vietnam National Petroleum Group strives to become a leading industrial and energy group in the country and the region.
Given the strategic role of the Block B project chain in providing energy for socio-economic development, Petro Vietnam is determined to successfully implement this project chain.
The Ministry of Industry and Trade has just issued new regulations on working hours for employees performing jobs of a special nature in the field of offshore oil and gas exploration and exploitation.
The five major oil and gas companies reported huge profits, with most exceeding their annual profit targets, and the multi-billion dollar gas-electricity mega-project in Block B-O Mon made new progress.
With an impressive production and business record, Cuu Long Joint Operating Corporation (Cuu Long JOC) is the second-largest oil and gas operator in Vietnam in terms of production volume.
As of the end of August 2023, the Vietnam Oil and Gas Group (Petro Vietnam) had achieved its full-year targets for two major indicators: contributions to the state budget and consolidated pre-tax profit.
Deputy Head of the Central Economic Committee Nguyen Duc Hien chaired the workshop to evaluate the implementation of the policy and strategic direction for the development of the oil and gas industry according to Resolution No. 41.
Since its establishment, the Vietnam National Oil and Gas Group (Petro Vietnam) has carried the mission of pioneering and leading the way in the energy sector in general and oil and gas in particular.
PV Gas recorded a revenue increase of over 25%, surpassing 100.000 billion VND for the first time, and after-tax profit increased by 1.5 times, reaching 13.300 billion VND.
Petrovietnam General Director Le Manh Hung said that by November, the group had achieved all its financial targets and oil and gas production targets for the year ahead of schedule.
Amid the energy crisis, Romanian Prime Minister Nicolae Ciuca said the country is accelerating preparations to build energy reserves for the upcoming winter.
In the first nine months of 2022, the Vietnam National Oil and Gas Group (Petrovietnam) exceeded its production and business targets, achieving four key indicators ahead of schedule.
Oil and gas contracts should be signed in a foreign language that is commonly used at the time of signing, facilitating access to the contract for potential bidders.
PVN and ExxonMobil are committed to continuing the implementation of the Blue Whale project in order to achieve the final investment approval deadline.
Every year, as Tet approaches, the leaders of the Vietnam Oil and Gas Group (Petrovietnam) take time to inspect the situation, visit, and encourage employees at offshore oil and gas projects.
By the end of November, PetroVietnam Transportation Corporation (PVTrans) had completed its 2020 profit plan approved at its annual general meeting of shareholders.
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) has just won the Top 5 award for best corporate governance among listed companies in the midcap group.
On November 24th, the Vietnam Oil and Gas Group (Petrovietnam), in collaboration with the Lao Dong Newspaper, organized a seminar titled "Innovation and Mastering Technology in the Maintenance of Oil and Gas Facilities".