
Nearly 1.000 PVOIL gas stations have been selling E10 gasoline.
Petrovietnam's launch of E10 bioethanol fuel marks a major step in the development of biofuels and the green energy transition.

Petrovietnam's launch of E10 bioethanol fuel marks a major step in the development of biofuels and the green energy transition.

Along with the widespread sale of E10 bioethanol fuel, PVOIL will stop selling RON95 gasoline from May 15th.

V-Green and PVOIL announced a strategic cooperation agreement to deploy more than 3.000 electric motorbike battery swapping cabinets at PVOIL's chain of gas stations nationwide.

The Vietnam National Energy and Industry Corporation (Petrovietnam) has decided to appoint Mr. Cao Hoai Duong as Deputy General Director of the corporation.
From 7:8 AM on August 1st, Vietnam Petroleum Corporation (PVOIL) officially began selling E10 RON95 bioethanol fuel at 6 stores in Hanoi and Hai Phong.

From August 1st, 2025, PVOIL will pilot the sale of E10 RON95 bioethanol fuel at its gas stations in Hanoi and Hai Phong.

PVOIL has installed approximately 400 electric vehicle charging stations at its gas stations, but Chairman Cao Hoai Duong said that when electric vehicles first appeared, "we were very resentful."

The PVOil VOC 2024 offroad race, taking place on the morning of November 2nd in Hanoi, promises to be a gathering point for powerful vehicles and adventurous drivers.

This was shared by Mr. Cao Hoai Duong, Chairman of the Board of Directors of Vietnam Oil Corporation - JSC (PVOIL), at an event on the afternoon of September 30th.

PVOIL is one of 70 Vietnamese companies included in the Fortune Southeast Asia 500 list of the largest companies in Southeast Asia.

The information technology system of Vietnam Oil Corporation (PV Oil), which was targeted by a ransomware attack, has been restored to operation.

PV Oil resumed issuing electronic invoices at 3 PM today, April 3rd, through the IT system of a service provider, but the apps are still not working.

In a short period of time, a series of serious data encryption attacks occurred, affecting sectors such as stocks, energy, telecommunications, and healthcare.

On November 10, 2022, a delegation from Petrovietnam, led by Mr. Nguyen Hung Dung, Member of the Board of Directors, visited and worked with Sembcorp Group in Singapore.

In the first quarter, while Petrolimex saw a decrease in profits, PV Oil achieved a profit of 283 billion VND, an increase of 48%, thanks to soaring oil prices.

In the third quarter, PVOil's profit reached just over 56,5 billion VND, while cash flow from business operations was negative nearly 874 billion VND.

Vietnam National Oil Corporation (PVOil) has withdrawn its controversial directive requiring employees to take time off if they work overtime during the pandemic.

Nguyen Xuan Son, former General Director of PVOil, and Vu Trong Hai, former Chief Accountant, are accused of misappropriating a total of 4 billion VND in extra interest payments made by Ha Van Tham.

PV Oil believes that the market for Jet A1 aviation fuel still has huge potential as more airlines join, but currently there are only two main suppliers.

The COVID-19 pandemic caused a severe decline in consumer demand, pushing a number of petroleum businesses into a situation of reduced profits or significant losses.

Due to the drop in global and domestic fuel prices to their lowest levels in over 10 years, many producers and distributors of these commodities are incurring heavy losses.

In the morning trading session on April 28th, the stock market was volatile, with the VN-Index falling 5,62 points, the HNX index falling 0,5 points, and many large-cap stocks plunging into the red.

Mr. Nguyen Xuan Son, former General Director of Vietnam Oil Corporation (PVOil), has been arrested for abusing his position and authority to misappropriate assets.

The successful equitization of three member units simultaneously has affirmed the determination and effectiveness of the equitization policy of the Vietnam Oil and Gas Group (PVN).

On December 8, 2017, Deputy Prime Minister Vuong Dinh Hue signed Decision No. 1979/QD-TTg approving the equitization plan for the parent company - Vietnam Oil Corporation (PVOIL) under the Vietnam Oil and Gas Group (PVN).

Yesterday, Petrolimex and PVOil gas stations simultaneously discontinued the use of A92 gasoline.

Today, December 15th, the two largest petroleum companies, Vietnam National Petroleum Group (Petrolimex) and Vietnam Oil Corporation (PVOIL), began mass sales of E5 RON92 bioethanol fuel to replace RON92 gasoline.

PVOIL is ready for the comprehensive transition to completely replace RON92 gasoline with E5 RON92 bio-gasoline nationwide from January 1, 2018, in accordance with Directive No. 11/CT-BCT on strengthening the implementation of the roadmap for applying the blending ratio of biofuels with traditional fuels, issued on September 22 by the Ministry of Industry and Trade.

After 9 years of establishment, Vietnam Oil Corporation (PVOIL) has developed both in breadth and depth, with its scale and scope of operations expanding throughout Vietnam and into the markets of Laos, Singapore, and Cambodia.

Recently, the Vietnam Oil and Gas Group (PVN) held a conference to review crude oil operations during the first six months of the year and to implement plans for the last six months of 2017.