Petrovietnam’s strategy & vision
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Petrovietnam’s strategy & vision

Updates, stories and category highlights from Petrovietnam.

Petrovietnam and NSRP maintain the energy supply chain amidst Middle East instability. 15/07/2026

Petrovietnam and NSRP maintain the energy supply chain amidst Middle East instability.

Against the backdrop of the geopolitical situation in the Middle East significantly impacting the global energy market, Petrovietnam and NSRP have proactively implemented a series of solutions, ranging from diversifying crude oil sources and maintaining maximum refinery operating capacity to leveraging the strengths of the entire energy ecosystem, contributing to maintaining domestic supply and ensuring national energy security.

Petrovietnam, Vitol deepen energy cooperation 09/06/2026

Petrovietnam, Vitol deepen energy cooperation

State-owned Petrovietnam and Singapore-headquartered Vitol Asia Pte. Ltd. in late May signed their first crude oil supply deal for the Nghi Son Refinery and Petrochemical complex, marking a concrete step in implementing a broader energy partnership.

Petrovietnam promotes green transition. 08/06/2026

Petrovietnam promotes green transition.

In the context of the inevitable trend of energy transition and emission reduction, the Vietnam National Energy Industry Corporation (Petrovietnam) has proactively "activated" the E10 bioethanol supply chain from production and blending to distribution, contributing to ensuring energy security and promoting a green transition.

PV Drilling invests in additional self-elevating drilling rigs. 03/06/2026

PV Drilling invests in additional self-elevating drilling rigs.

The Vietnam Oil and Gas Drilling and Services Corporation (PV Drilling) has just signed a contract to purchase an additional self-elevating drilling rig, tentatively named “PV DRILLING X”, marking an important step in the Corporation's investment and sustainable development strategy in the new phase.

Petrovietnam names Le Manh Cuong as CEO 20/05/2026

Petrovietnam names Le Manh Cuong as CEO

State-owned giant Petrovietnam has appointed Le Manh Cuong as CEO, elevating a longtime industry executive with more than three decades of experience across Vietnam’s offshore energy and oil-services sector.

$2.3 billion LNG project breaks ground in Southeast Asia 20/05/2026

$2.3 billion LNG project breaks ground in Southeast Asia

SK Innovation, an affiliate of South Korean conglomerate SK Group, Vietnam’s state-run power company PV Power (PetroVietnam Power), and local partner NASU, an affiliate of TH Group, have held a groundbreaking ceremony for a liquefied natural gas (LNG) project, which is anticipated to support Vietnam’s industrial advancement through artificial intelligence (AI) infrastructure and community engagement initiatives.