Petrolimex

Update news Petrolimex

Petrolimex takes early action to secure fuel supply amid rising global risks

The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.

Petrolimex removes Dao Nam Hai from CEO position

Dao Nam Hai has been dismissed from his role as CEO and has also ceased to be a board member of Vietnam National Petroleum Group (Petrolimex) effective May 30.

Ministry suspends Petrolimex CEO Dao Nam Hai from key positions

Effective May 6, Dao Nam Hai was removed from his leadership duties until further notice from relevant authorities.

Petrolimex, ADB partner in energy transition

ADB will provide technical support for Petrolimex to carry out its work, including a preliminary assessment of the group's investment and business portfolio and potential energy transition roadmaps.

Petrolimex plans to fully divest its capital in Petrolimex Laos

The auction is expected to take place in the first quarter of 2025, with an initial price of over VNĐ68.1 billion and a 10 per cent deposit required for participation.