Updates, stories and category highlights from Petrovietnam.
Updates, stories and category highlights from Petrovietnam.
10/08/2025
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market.
31/07/2025
For the first time in Vietnam, a technological solution to enhance oil recovery factor has been implemented in a systematic and scientific manner, in line with the global roadmap for researching and applying advanced technologies. This initiative integrates Vietnam’s oil and gas exploration and production expertise with modern simulation technologies, artificial intelligence (AI), and machine learning algorithms to develop the VPI SP chemical system—a highly intellectual and valuable product.
23/07/2025
On July 8, 2025, at Dung Quat Refinery, Binh Son Refining and Petrochemical Joint Stock Company (BSR) held a launch ceremony for its new product, Sulfur Pastilles. This marks a significant milestone in BSR’s journey of research, technological innovation, and strategic development of by-products from the refining and petrochemical process.
23/07/2025
Despite continued volatility in the global oil market due to escalating geopolitical conflicts, adverse impacts of U.S. tax policies, sharp fluctuations in crude oil prices, and mounting competitive pressures, Binh Son Refining and Petrochemical Joint Stock Company (BSR) recorded a strong performance in the first half of 2025.
23/07/2025
The preliminary business performance report for the first 6 months of 2025 shows that PV Drilling’s consolidated revenue and profit both increased compared to the plan and the same period last year.
23/07/2025
With the goal of diversifying product offerings, optimizing the value chain, and enhancing business efficiency, Binh Son Refining and Petrochemical Joint Stock Company (BSR) - the operator of Dung Quat Refinery - has successfully developed and launched a new product, Sulfur Pastilles, to the market in July 2025. This strategic step aims to enhance the commercial value of by-products while unlocking larger consumption potential in both domestic and international markets.
14/07/2025
At 7:09 a.m. on July 14, 2025, the Kinh Ngu Trang – Kinh Ngu Trang Nam (KNT-KTN) field development project successfully opened four wells on the WHP-KTN platform to receive the first oil flow (First Oil). Later, at 10:34 a.m. the same day, the CPP-KNT platform received the incoming crude, which is subsequently transported to the MSP-10 platform for processing via a 38-kilometer subsea pipeline.
14/07/2025
For the full year, output is forecast to reach 6.15 billion kWh, meeting the assigned target, with revenue estimated at VNĐ12.3 trillion, or 98 per cent of the plan.
01/07/2025
On June 27, 2025, in Hanoi, the Announcement and Honoring Ceremony of “Top 100 Green ESG Enterprises of Vietnam 2025”, “Top 50 Innovative and Effective Enterprises 2025” and many other categories took place in a solemn atmosphere, gathering representatives of excellent enterprises and economic experts. In particular, the Vietnam National Energy - Industry Group (Petrovietnam) and its member units: BSR, PV Drilling, PTSC, were honored in many important categories, making a strong mark for their efforts in green transformation and innovation.
30/06/2025
The event took place at 13:55 on June 27, 2025.
19/06/2025
This is an important milestone as it marks the first time the PTSC has successfully manufactured and exported large-scaled wind power foundations.
06/06/2025
(PetroTimes) - On June 4, Binh Son Refining and Petrochemical Joint Stock Company (BSR) held a ceremony to launch and successfully deliver its first commercial batch of Sustainable Aviation Fuel (SAF). This event marks a significant milestone in BSR’s journey toward researching and developing green and sustainable energy products.
30/05/2025
Emerging from historical challenges, PetroVietnam Shipbuilding and Mechanical Company Limited (PVSM) has steadily asserted its position in the shipbuilding and offshore engineering sector. With a series of successful high-profile projects—ranging from constructing vessels for European clients to overhauling massive offshore rigs—PVSM is demonstrating its internal capabilities while repositioning itself as a major player in Vietnam’s shipbuilding industry.
29/05/2025
At the 2024 Vietnam Science and Technology Innovation Awards (VIFOTEC), held on May 28 in Hanoi, the project titled “Design of a Well Completion Assembly for Repairing Oil and Gas Wells Under Complex Conditions” by a research team from the PetroVietnam Exploration Production Corporation (PVEP) was awarded First Prize.
22/05/2025
Petrovietnam delivered strong results in the first four months of 2025, exceeding most key production targets despite global market headwinds.
18/05/2025
Việt Nam’s stated-owned oil and gas group PetroVietnam on Friday has officially celebrated the first commercial oil flow from the Đại Hùng oilfield Phase 3 project, underscoring the domestic capacity in energy development towards a new era.
23/04/2025
On April 21, Dung Quat Oil Refinery reached a significant milestone, surpassing 100 million tons of cumulative product output since it began commercial operations in 2009. This historic achievement marks a resilient journey of growth and highlights the sustainable production capacity of Binh Son Refining and Petrochemical Joint Stock Company (BSR) — the entity responsible for operating the refinery for over 16 years.
08/04/2025
On April 3, 2025, Petroleum Equipment Assembly and Metal Structure Joint Stock Company (PV Shipyard) successfully launched and handed over the jacket structure and four foundation piles for an offshore substation (OSS), part of a wind power project located in the waters off Taiwan (China).
31/03/2025
The land rig PV DRILLING 11 has spent 17 years pioneering its way to the ocean and achieving numerous successes in the North African market, making a significant contribution to actualizing the vision of “Becoming a reliable and reputable oil and gas drilling contractor and technical service provider worldwide”. Currently, the PV DRILLING 11 has successfully completed its mission and concluded its pioneering journey.
31/03/2025
On February 27, 2025, the work hour counter of Binh Son Refining and Petrochemical Joint Stock Company (BSR) reached the milestone of 50,000,000 safe work hours with no lost-time incidents.
