With the price of oil hitting rock bottom for the past 11 years and COVID-19 disrupting transport, PVOil reported a loss of nearly VND538 billion ($23.4 million) in this year’s first quarter.
PetroVietnam Oil Corporation (PVOIL) has strengthened the quality control of petroleum in its storage, transport and distribution system to ensure the best interests of customers.
Drivers in Viet Nam will be able to buy products from PetroVietnam Oil Corporation (PVOIL) using their mobile with the e-wallet service provider MoMo from November 1.
PetroVietnam Oil Corporation (PVOIL) has set a target of doubling the volume of fuel sold through cashless payments over the next six months with the cooperation of ewallet service provider MoMo, in line with a government resolution promoting cashless payments for public services.
PetroVietnam Oil Corporation and Dubai-based oil conglomerate Taleveras signed a cooperation agreement on July 25 to expand their business in the oil and gas industry.
PetroVietnam Oil Corp is in talks to sell a 44.72 percent stake to strategic investors later this year, after its $184 million initial public offering in January, its parent Vietnam Oil and Gas Group, or PetroVietnam, said on Wednesday.
PetroVietnam Oil Corporation (PVOil) on Tuesday launched PV Oil Easy, an application for smartphones and tablets that allows users to buy petrol and manage their purchases via a QR code.
The Vietnamese government raised 4.18 trillion dong ($184 million) through the sale of a 20 percent stake in state-owned Petrovietnam Oil Corp (PVOIL) in an initial public offering (IPO), the company said on Thursday.