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Refineries face closure due to plunging fuel demand
Plunging fuel demand caused by Covid-19 restrictions is increasing inventory at Vietnam’s two major oil refineries and could force them to shut down soon.
Petroleum Tin tức
Malaysian oil company to enter Vietnam market
Malaysia’s Hibiscus Petroleum Berhad has acquired the assets of Spanish oil exploration and drilling firm Repsol Exploración, S.A. in Vietnam.
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21/01/2021 - 16:47Binh Son Refinery posts Q4 after-tax profit at $54 mln
The Binh Son Refining and Petrochemical JSC, operator of Dung Quat Refinery, posted over VND1.25 trillion ($54 million) in after-tax profit in the fourth quarter of 2020, according to its financial report.
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14/01/2021 - 11:03Petrolimex 2020 pre-tax profit falls to five-year low at $55 mln on ...
Vietnam’s largest petroleum retailer Petrolimex (HoSE: PLX) sees VND1,268 billion ($55 million) in pre-tax profit in 2020, a reduction of nearly 76 percent from 2019, the company reported.
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12/01/2021 - 11:05PetroVietnam reports 2020 oil production at 11.47 mln tons, beating target by ...
Vietnam National Oil & Gas Group produced 11.47 million tons of crude oil in 2020, exceeding the whole-year goal by 8% despite pandemic, CEO Le Manh Hung told Friday conference in Hanoi.
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08/01/2021 - 16:36Binh Son Refinery targets 2021 after-tax profit at $37.45 mln
Binh Son Refining and Petrochemical, targets $864 billion ($37.45 million) after-tax profit in 2021, parent company PetroVietnam said.
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27/12/2020 - 10:10Petrol prices rise by over VND380 in final review of the year
The retail price of petrol rose slightly from 3 p.m. on December 26 after the Ministry of Industry and Trade and the Ministry of Finance conducted the last review of the year.
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25/11/2020 - 16:29Binh Son Refining and Petrochemical withdraws exchange listing ...
Binh Son Refining and Petrochemical Corporation has withdrawn its listing document submitted to the Hanoi Stock Exchange, market regulator announced.
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09/11/2020 - 21:08$6 bln LNG-fired power plant planned in central Vietnam
A U.S.-Vietnamese joint venture wants to build a $6 billion liquefied natural gas-fired power plant in the central province of Thue Thien Hue.
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04/09/2020 - 10:07PetroVietnam reports nearly $489mln after-tax profit in eight months
Vietnam’s State oil firm PetroVietnam reported VND11.4 trillion ($488.7 million) after-tax profit in the first eight months of 2020, according to a posting on its website.
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22/07/2020 - 21:02Seven Russian oil experts test COVID-19 positive, tally hits 408
Seven newly-imported COVID-19 patients confirmed on Wednesday afternoon are Russian oil experts, raising the patient tally to 408, reported the National Steering Committee for COVID-19 Prevention and Control.
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19/06/2020 - 10:48Petrolimex targets 2020 pretax profit to fall 72% on global ...
Vietnam National Petroleum Group, known as Petrolimex (HoSE: PLX), sees 2020 pretax profit at VND1,570 billion ($67.5 million), down 72% from 2019 due to coronavirus, trade war, oil price war.
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07/01/2020 - 15:10PetroVietnam targets 2020 revenue at $27.6 billion, 13% less than 2019's ...
State-owned Vietnam Oil and Gas Group has planned 2020 revenue at over VND640 trillion ($27.6 billion), 13% less than its revenue in 2019.
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20/12/2019 - 17:42Russia's Gazprom, PetroVietnam to sign strategic cooperation agreement: ...
Russian gas giant Gazprom will soon sign a 10-year strategic cooperation agreement with Vietnam’s state oil firm PetroVietnam, the Vietnamese government said on Friday in a statement posted on its website.
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19/12/2019 - 21:08Foreign petroleum retailers could have chance to join Vietnamese ...
Ministry of Industry and Trade is drafting a government decree that allows foreign-invested enterprises to retail petroleum in domestic market.
