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Responding to Middle East conflict risks: Flexible price management and crude oil export controls
Restricting crude oil exports, prioritizing domestic stockpiling, and flexibly managing selling prices are critical solutions to safeguarding national energy security amid escalating tensions in the Middle East. -
PV DRILLING III rig awarded as 2023 Best Rig in Malaysia
On March 7 2024, Petrovietnam Drilling & Well Service Corporation (PV Drilling)’s jack-up drilling rig PV DRILLING III had just received the ‘Best Rig’ award (2023 Performance Focused Recognition) in Malaysia. -
Vietnamese firm successfully exports first 40,000 tonnes of fertiliser to US
Petrovietnam Ca Mau Fertiliser Corporation (PVCFC), a subsidiary of Vietnam National Industry – Energy Group (Petrovietnam), has successfully exported its first shipment of 40,000 tonnes of fertiliser to the US, one of the world’s largest and most demandi -
Vietnamese, US firms sign energy cooperation documents
Vietnam’s Binh Son Refining and Petrochemical JSC. signed memorandums of understanding (MoU) with leading US energy partners, in Washington, D.C on Wednesday. -
SMFO: A new milestone in product diversification toward green and sustainable development
BSR has officially launched its Sustainable Marine Fuel Oil (SMFO). -
Site clearance work launched for Dung Quat refinery upgrade
Binh Son Refining and Petrochemical JSC and Petrovietnam Construction JSC held a ground-breaking ceremony on February 2 as part of the site clearance package for the Dung Quat refinery expansion in Quang Ngai province. -
The Phu My Fertilizer Plant successfully completed its comprehensive maintenance, more than 4 days ahead of schedule, and has resumed operations at over capacity
The PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My, stock code: DPM) announced that the Phu My Urea Plant has completed its major maintenance (BDTT) and resumed operations on January 24, 2026, four days ahead of schedule. -
EVN and Petrovietnam granted rights to 64,000 ha of sea for offshore wind surveys
During the utilization of the marine areas, the two groups must ensure the sites are used for the correct purposes and stay within the designated boundaries, area size, depth, altitude, and timeframe. -
Phu My - AgriS Attapeu: A green journey elevating Southern Lao sugarcane to new heights
In the early days of 2026, a delegation from PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo - Phu My), in collaboration with Thien Long Trading Co., Ltd (Phu My’s distributor in Central Vietnam), departed for Laos to implement a series of surve -
Fugro extends MoU with PTSC G&S to support offshore wind growth
Vietnam’s offshore wind (OSW) ambitions are driving rising demand for high-quality marine data to support energy development. Fugro and PTSC Geos and Subsea Services are expanding their long-standing partnership to help meet that need. -
PVFCCo - Phu My (DPM) sets double-digit growth plan for 2026
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo - Phu My - stock code DPM) has just announced its business plan for 2026 with a consolidated business target of VND 17,600 billion in total revenue, a 10% growth compared to 2025. -
Petrovietnam Gas awards first multi‑year LNG deal to Shell - 2027‑31
State‑owned Petrovietnam Gas has signed its first multi‑year LNG supply contract, a five‑year agreement with Shell delivering about 400,000 tonnes per year to the Thi Vai terminal from 2027 through 2031. -
GE Vernova powers up Vietnam with first 9HA gas power plant in the country
GE Vernova Inc has announced the start of commercial operations of Petrovietnam Power Corporation (PV Power)’s Nhon Trach 3&4 1.6-GW power plant in Ong Keo Industrial Park, 70 km southeast of Ho Chi Minh City. -
Emulation and innovation - a key driving force for Petrovietnam's sustainable development
Innovation emulation plays a key role in completing the production and business plan of the Vietnam National Industry - Energy Group. -
Petrovietnam overcomes difficulties in 2025: Flexible adaptation, maintaining growth rhythm
Vietnam National Industry - Energy Group has passed the 2025 with clear marks, flexible operations and the ability to maintain growth momentum.
