FOCUS
Polypropylene Plant to be handed over to Petrovietnam
Consortium contractor of Hyundai Engineering/LGI/PVC and PVE are finalizing procedures of official hand-over of the Polypropylene Plant to Vietnam Oil and Gas Group (Petrovietnam) on coming August 25th. ...
Holding Company of Petrovietnam transformed into single member LLC
Dung Quat Refinery handed over to Petrovietnam
NEWS & EVENTS
KEY PROJECTS
US $ 180 million granted for Ca Mau Fertilizer Plant project

On June 17th, Vietnam Oil and Gas Group and Vietnam Development Bank signed a loan contract worth of US 0 million to finance Ca Mau Fertilizer Plant project. ...

COMMUNITY
Petrovietnam gives scholarships to ethnic students

Petrovietnam has sponsored 150 million VND as scholarship for students from ethnic minority group to overcome difficulties in their learning in order to have good results at school. ...

BUSINESS
Can oil price hold?

The strength of the recovery in oil prices was the major surprise of last year. After several months of demand downgrades, the International Energy Agency (IEA) in the fourth quarter admitted that its forecasts for 2009 and 2010 were too negative. Robust growth in China combined with the global fiscal and monetary stimuli resulted in the forecast cut in demand in 2009 being reduced from 2% to 1.6%. This was the first reduction in global oil demand since 1993. ...

OTHER NEWS
Subsea power switch adds flexibility to production operations

Bennex has completed its second delivery of the Anguila high-power changeover switch (HPCS), which switches power between two subsea consumers without the need for costly or time-consuming intervention. ...

PERSONALITIES
{nguoidk_brief_1}