PetroVietnam earns over US$2.4 billion in first half
Tuesday, June 28,2016AsemconnectVietnam - The National Oil and Gas Group (PetroVietnam) garnered more than US$2.4 billion from selling 8.68 million tonnes of crude oil and condensate in the first half of this year, fulfilling 37.15% of the yearly target.
During the reviewed period, the group provided an estimated 3.73 million tonnes of crude oil for the Dung Quat Oil Refinery, raking in US$1.58 billion, equivalent to 38.13% of the target set for the whole year.
It is expected to deliver 7.09 million tonnes of crude oil and condensate in the last two quarters of this year, including 3.5 million tonnes to the Dung Quat Oil Refinery.
PetroVietnam Deputy General Director Nguyen Sinh Khang said the group has employed a host of measures to guard against the impacts of the global falling oil price since 2014.
Timely investment projects have helped the group’s member units overcome difficulties and create a firm foundation for its future operation, he said.
Khang added that PetroVietnam leaders have held working sessions with their domestic and foreign partners and mine managers in order to maximise exploitation programmes.
Reportedly, PetroVietnam grossed VND560 trillion (US$25.2 billion) in revenues in 2015 despite global declining oil prices. Over the past five years, the group contributed over VND836 trillion (US$37.62 billion) to the State budget.
Source: vov.vn
Banks record positive business indicators in Q1 2024
Vietjet offers speical promotions on its flights to Australia
OCB estimated to achieve about VND1,200 billion profit in Q1/2024
Cienco 4 (C4G) target 92% increase in profit after tax in 2024
PVTrans (PVT) plans for consolidated profit in 2024 to reach VND760 billion
MSB plans to profit VND6,800 billion and pay 30% dividend
Vinhomes (VHM): Promoting potential new projects, profit target of VND35,000 billion in 2024
Da Nang Rubber (DRC) plans profits go backwards in 2024
Positive business results, DNSE plans to pay 5% cash dividend
Petrolimex Import-Export (PIT) plans to close the petroleum segment, focusing on the spice industry
PVOIL (OIL)'s goal to become the number one enterprise in terms of quality of petroleum and non-petroleum business services
Novaland (NVL): Audited profit after tax VND199 billion different from the self-made report
VIX Securities (VIX) plans to grow in 2024
Viettel Post (VTP) targets delivery and logistics revenue to reach VND9,147 billion in 2024
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...