PVEP completes business targets for year

PVEP completes business targets for year

Petroleum Exploration and Production Corporation has hit its annual targets despite difficulties.
PVEP to expand oil and gas operations by $380 million in 2021

PVEP to expand oil and gas operations by $380 million in 2021

PetroVietnam Exploration Production Corporation (PVEP) will invest $380 million to explore new oil and gas fields this year.
Hanoi court begins trial on power-abusing case at PVEP

Hanoi court begins trial on power-abusing case at PVEP

The People’s Court of Hanoi on May 6 opened a trial for the case of “abusing position and power to appropriate assets” that happened at the PetroVietnam Exploration Production Corporation (PVEP).
Former PVEP officials prosecuted for taking under-the-table interest

Former PVEP officials prosecuted for taking under-the-table interest

PVEP received nearly VND52 billion ($2.26 million) in under-the-table interest paid by OceanBank during 2011-2014.
Deputy general director of PVEP arrested in OceanBank case

Deputy general director of PVEP arrested in OceanBank case

Vu Thi Ngoc Lan, deputy general director of PVEP has been arrested for charges of the appropriation of property in the OceanBank case.
PVD in nosedive after arrest of former chairman

PVD in nosedive after arrest of former chairman

PVD stock plunged since the news of arresting former chairman to investigate abuse of position as PVEP’s CEO to receive money of Oceanbank.
Four former leaders of PetroVietnam subsidiaries to be prosecuted

Four former leaders of PetroVietnam subsidiaries to be prosecuted

Four former leaders of PetroVietnam subsidiaries have just been prosecuted for “abuse of powers or position for appropriation of property.”
PVEP expands operations in South America

PVEP expands operations in South America

The PetroVietnam Exploration and Production Corporation (PVEP) has expanded its presence in South America by acquiring over 50 per cent of a project to explore for oil in Peru, from the London based oil and gas company Perenco SA.