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| Articles about Petrovietnam |
| | | Pertamina aims cooperation with PetroVietnam | | 2008-08-15 08:22:00 | | Indonesia’s State oil and gas company Pertamina is looking into the possibility of cooperation with PetroVietnam in managing oil and gas blocks in Iraq.
This was shared by Pertamina President Ari Soemarno following a meeting between Energy and Mineral Resources Minister Purnomo Yusgiantoro and PetroVietnam General Director Tran Ngoc Canh in Jakarta on August 14.
The Pertamina president was | | By: Vietnam Business Finance News | | |
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| PetroVietnam targets 16 million tonnes of crude oil | | 2008-07-04 10:14:00 | | The Viet Nam National Oil and Gas Group (PetroVietnam) is striving to pump out 15.5-16 million tonnes of crude oil this year in an effort to help the nation curb inflation.
PetroVietnam Chairman Dinh La Thang told reporters on July 4 that amidst growing crude oil prices in the world, ensuring exploitation output is most important to boost export turnover, and make more contribution to the state | | By: Vietnam Business Finance News | | |
| | PetroVietnam To Export 6.8 Million Tons Of Crude Oil In 1st Half | | 2008-06-19 21:12:00 | | State-owned PetroVietnam is expected to export 6.8 million metric tons of crude oil in the first half of this year, accounting for 58% of its full-year target.
The crude exports will be valued at $5.6 billion, indicating an average export price of $825/ton.
The company will produce 7.2 million tons of crude oil and 3.6 billion cubic meters of natural gas between January and June.
It produced | | By: Vietnam Business Finance News | | |
| | PetroVietnam Fertilizer Gains on Share Buy-Back Plan | | 2008-06-12 23:31:21 | | PetroVietnam Fertilizer & Chemical Joint-Stock Co. (PVFCCo), the Ho Chi Minh City Stock Exchange's second- biggest company by market value, gained for the second day after announcing it will buy back 400,000 shares beginning next week.
The stock rose 700 dong, or 1.93%, to 36,900 dong as of 10:07 a.m. in Hanoi. The...
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| | By: Vietnam Stock Market News | | |
| | Stocks: Hoa Phat, SGH, Vincom, PetroVietnam, Doan Xa | | 2008-06-10 06:33:09 | | Vietnam's benchmark stock index fell, extending its record losing streak to 24 days, dropping to the lowest since Feb. 23, 2006. The VN Index, a measure of 151 companies on the Ho Chi Minh City Stock Exchange, fell 6.12, or 1.6%, to 373. Among companies on the index, 120 dropped, 21 advanced and 10 were...
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam affiliates sign gas contract in the capital | | 2008-06-05 07:52:00 | | PetroVietnam Gas Corporation inked a deal yesterday in Ha Noi to provide gas to the Nhon Trach Power Plant No1, a subsidiary of the PetroVietnam Power Corporation.
Under the contract, the plant’s gas supply will come from Nam Con Son Pipeline Co, located offshore the southern Ba Ria - Vung Tau Province.
Nhon Trach factory is expected to consume 494 billion cu.m of gas per year, worth US$70 | | By: Vietnam Business Finance News | | |
| | PetroVietnam Transport arm sees profits rise 47 per-cent | | 2008-05-31 11:57:36 | | PetroVietnam Transportation (PVT) posted pre-tax profit of 12.32 billion VND in the first quarter of this year, up 47% from the last quarter of 2007.
PVT said the company benefited from three new subsidiaries and higher transportation fees in the first quarter.
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam Securities looks into financial options | | 2008-05-13 05:43:14 | | PetroVietnam Securities Joint Stock Co continues to raise capital in its second phase as it plans to carry out one of two financial options.
With the first, the company could increase its charter capital to VND500 billion (US$31.2 million) and plan for revenue of VND200 billion, after-tax profits of VND72 billion and...
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| | By: Vietnam Stock Market News | | |
| | New PetroVietnam affiliate bows | | 2008-05-04 11:07:00 | | PetroVietnam Construction Joint Stock Co, a subsidiary of the Viet Nam Oil & Gas Group (PetroVietnam), made its debut at a ceremony in Ha Noi last Thursday.
With charter capital of US$ 32.8 million and nearly 3,000 employees, PVC designs and supplies steel structures, pipelines and petroleum storages for onshore and offshore oil and gas projects. | | By: Vietnam Business Finance News | | |
| | PetroVietnam Drilling to pay 2007 dividend | | 2008-04-28 18:46:50 | | PetroVietnam Drilling and Well Services Joint Stock Co (PV Drilling) recently announced that it would pay 2007 dividend of 18.51% in cash on May 30.
The registration deadline is on May 12.
The ex-interest date is on May 8.
PV Drilling plans to offer 20,027,946 ordinary shares at 10,000 dong par to the existing...
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam proposal fuels Oman cooperation | | 2008-04-17 07:38:00 | | The Viet Nam National Oil and Gas Group (PetroVietnam) has proposed cooperation with state-owned Oman Oil Company (OOC) in four main areas of the oil and gas industry.
The suggested fields of oil and gas cooperation include building storage and distribution systems in Viet Nam, supplying technical services, trading in products and establishing joint ventures to invest in a third country.
The | | By: Vietnam Business Finance News | | |
| | PetroVietnam kick-starts oil projects | | 2008-04-05 05:15:00 | | PetroVietnam has signed joint-venture contracts with Japanese and Kuwaiti partners to build the Nghi Son Oil Refinery and Petrochemical Complex.
The $2.5 billion, 7 million-ton complex will be built in Nghi Son commune in the northern Thanh Hoa province.
Once operational, the plant will produce liquefied petroleum gas, petrol, kerosene, diesel, jet fuel and other petrochemical products, | | By: Vietnam Business Finance News | | |
| | PetroVietnam hopes to subdue inflation | | 2008-04-04 12:59:00 | | The Viet Nam National Oil and Gas Group (PetroVietnam) has committed to taking bold measures to stabilise its prices yesterday in acknowledgement of Prime Minister Nguyen Tan Dung’s directive to tame inflation.
PetroVietnam unveiled the measures at a press conference held in Ha Noi to announce its business performance so far this year.
The corporation’s core products include nitrogenous | | By: Vietnam Business Finance News | | |
| | PetroVietnam Drilling: Audited Consolidated Business Result in 2007 | | 2008-03-28 13:39:34 | | PetroVietnam Drilling and Well Services Joint Stock Company announces the audited consolidated business results in 2007.
Unit: VND1,000
Items
2007 2006
Revenue
2,738,605,347
1,348,769,805
Pretax profit
579,875,305
161,623,181
Net profit
576,385,025
116,419,828
EPS
6.192
1.712
(HOSE)
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam to launch big projects in Quang Binh | | 2008-03-17 04:29:00 | | The Viet Nam National Oil and Gas Group (PetroVietnam) will invest in deep water seaport system, shipbuilding, thermoelectricity, LPG entrepot and fertiliser projects in central Quang Binh province’s Hon La area.
To this effect, an agreement to boost investment cooperation in the Hon La area was signed between PetroVietnam and the provincial People’s Committee in Dong Hoi city on March 16. | | By: Vietnam Business Finance News | | |
| | Petrovietnam's PVFC seeks share listing licence | | 2008-03-12 07:06:37 | | Petrovietnam Finance Corporation (PVFC), 10% owned by Morgan Stanley, has sought permission to list shares on the Ho Chi Minh Stock Exchange, the exchange said in a statement on Wednesday.
The Ho Chi Minh Stock Exchange said Hanoi-based PVFC submitted an application to list all its 500 million shares. Saigon...
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam Finance Joint Stock Corporation licensed | | 2008-03-03 05:45:00 | | The PetroVietnam Finance Company, after being equitised, has been licensed under the name PetroVietnam Finance Joint Stock Corporation.
The corporation will operate according to the Corporate Law and other related legal regulations, according to a document by the Governmental Office announcing the Deputy Prime...
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam finance arm to list in 2008 | | 2008-02-21 20:01:22 | | PetroVietnam Finance Joint Stock Corp (PVFC) on February 19 reported that PetroVietnam group approved it to list on the stock market in 2008 and the listing time will be selected so as to be matched with the market situation.
Last year PVFC posted nearly 3.2 trillion dong in revenue, over 636 billion dong in pre-tax...
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| | By: Vietnam Stock Market News | | |
| | PetroVietnam to sell Rang Dong crude oil from May to September | | 2008-02-15 23:12:00 | | PetroVietnam Trading Co., a unit of state-owned Vietnam Oil & Gas Corp., offered to sell Rang Dong crude oil under a five-month contract from May to September, said a trader who received the offer document.PetroVietnam plans to sell between 20,000 barrels a day and 25,000 barrels a day of the crude oil under the contract.The state oil producer last year agreed to sell 21,000 barrels a day for loading between November 2007 and April 2008, the trader said, who declined to be identified, citing company rules.Rang Dong is pumped from an offshore field located southeast of Vietnam.Details of the offer are as follows:Crude: Rang DongQuantity: 20,000 to 25,000 barrels a day (600,000 to 750,000 barrels a month)Loading: May to September 2008Price offer: (+/-) US$6.53 a barrelOffers close: February 15Validity: February 22(Bloomberg) | | By: Vietnam Business Finance News | | |
| | | PetroVietnam fertiliser maker's profit above target | | 2007-12-11 04:34:50 | | PetroVietnam fertiliser maker PVFCCo , Vietnam's third-largest listed firm, said on Tuesday its gross profit in the first 11 months of 2007 had exceeded the target for the whole of the year.
PVFCCo, or Petrovietnam Fertiliser and Chemicals Company,...
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| | By: Vietnam Stock Market News | | |
| | ASIA: PetroVietnam launches new tanker subsidiary | | 2007-06-12 00:42:00 | | PetroVietnam Transportation Co (PV Trans) signed with three local partners on June 7 to form the Crude Oil Transportation Joint Stock Co with an investment of 190 million USD. Partners include the PetroVietnam Finance Co, PetroVietnam Insurance and Vietcombank, which each will hold a 10-per-cent stake in the new company. The new firm is expected to help PetroVietnam meet the increasing demand for crude oil transportation in the local and global market, according to PV Trans CEO Bui Tho Manh. Manh said the new company would initially operate three crude oil tankers with a capacity of 105,000 tonnes each, which will be built by the country’s leading ship-builder, Vinashin. Vinashin will deliver the first tanker in February 2009 and the two others in early 2010, Manh said at the signing ceremony in Ha Noi. “Those tankers will transport crude oil from offshore oil platforms to oil refineries at Dung Quat, Nghi Son and Long Son,” he said. Manh said the new company would increase | | By: energy BLOG | | |
| | ASIA: PetroVietnam orders deep-sea rig | | 2007-06-04 14:12:00 | | A subsidiary of State owned oil giant PetroVietnam has signed an agreement with Singapore-based Keppel Fels, to purchase a deep-sea oilrig capable of drilling to 9,000m. PetroVietnam Drilling Investment Corporation came to terms on the 191 million USD jack-up rig that can operate in water depths of up to 114m, on May 28. Previously, Keppel Fels supplied another PetroVietnam subsidiary, the PetroVietnam Drilling and Well Service Company, with a similar rig that is now being used in the offshore Te Giac Do (Red Rhino) field in the southern coastal province of Vung Tau. Keppel Fels is a wholly owned subsidiary of the Keppel Offshore & Marine Corporation, one of the world’s leading designers and builders of jack-up rigs. Completion of the oil rig is scheduled for October, 2009.Vietnam Economic TimesVietnam, AsiaPUT Your ADVERTASING Here | | By: energy BLOG | | |
| | VIETNAM: petrol price up by VND800/litre and Petrovietnam go to SouthAmerica | | 2007-05-11 00:44:00 | | As expected, key petrol importers have decided to raise the petrol retail price by VND800 per litre, commencing from 0 am May 7. With the price increases, A92 petrol is now selling at VND11,800/litre, A90 at VND11,600/litre, and A83 at VND11,400/litre. Meanwhile, kerosene, mazut and diesel prices remain unchanged as the State still keeps subsidization over these products. In fact, people had | | By: energy BLOG | | |
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