PV GAS moves to secure LNG, LPG supply amid Middle East tensions

PV GAS said it has proactively arranged three LNG import cargoes for the first half of 2026 to maintain stable supply for power generation and industrial production.

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 demanding import markets.

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.

EVN and PVN 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.

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.

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. The deal marks a strategic pivot in Vietnam’s energy market from spot purchases toward longer‑term contracting, with implications for fuel security, power sector financing and regional LNG flows.

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.

Mr. Le Ngoc Son is the new Chairman of Petrovietnam

Prime Minister Pham Minh Chinh has just issued a decision to appoint Mr. Le Ngoc Son to hold the position of Chairman of the Member Council of Petrovietnam.

Oil and gas firms post strong 2025 results

Local oil and gas firms posted robust 2025 earnings across upstream, midstream, and downstream segments, driven by operational efficiency and rising overseas activity, while industry prospects for 2026 point to growing divergence.

Vietnam Replaces Trade Minister as Leadership Review Begins

Prime Minister appoints acting industry and trade minister

Prime Minister Pham Minh Chinh has appointed Le Manh Hung as acting Minister of Industry and Trade.

Petrovietnam and SCG expand cooperation, aiming for sustainable development.

The signing of the Memorandum of Understanding (MOU) between the two parties aims to expand the framework of strategic cooperation, towards the sustainable development of the industrial-energy value chain.

Petrovietnam's STEM Innovation contributes to promoting modern education and developing human resources in science and technology.

Following a period of rapid construction, the STEM rooms at Buon Ma Thuot High School (Buon Ma Thuot, Dak Lak) and Nguyen Du Secondary School (Dien Hong Ward, Gia Lai) have been completed and officially put into use. The sponsorship of the Vietnam National Energy and Industry Corporation (Petrovietnam) for the construction of STEM rooms in Dak Lak and Gia Lai provinces has contributed to the localities' efforts to promote the goal of building "smart schools" and fostering the development of high-quality science and technology human resources.

Petrovietnam BASF cooperates in developing green methanol, pioneering the energy transition

Petrovietnam and BASF have just organized a "Green- met metals policy conference, orientation for green fuel conversion in Vietnam".

Petrovietnam STEM initiative drives nationwide push for future tech talent

The programme, launched during the group’s 50th anniversary celebrations and aligned with recent Government directives on education reform, aims to build 100 international-standard STEM rooms in 34 provinces and cities.

Rapid push to build 100 international-standard STEM laboratories in 2025

The Viet Nam National Oil and Gas Group (Petrovietnam) coordinated with the Ministry of Education and Training to hold a conference to implement the Petrovietnam STEM Innovation Programme, which aims to build 100 international-standard STEM laboratories in 2025 across 34 provinces and cities nationwide.

STEM Innovation Petrovietnam launched to power Vietnam’s future workforce

It plans to build 100 standardised STEM labs in 34 cities and provinces, marking the biggest education project ever undertaken by a Vietnamese state-owned enterprise.