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Petrovietnam and ENE Vietnam : Exploring opportunities for cooperation in the green transition

Embracing the Energy Transition

The energy transition is a critical component of ENE’s strategy to achieve a net-zero emissions target. This involves shifting away from fossil fuels and towards cleaner, more sustainable energy sources. ENE is actively involved in the development and deployment of various green energy technologies, including solar, wind, and hydrogen fuel cells. • Key areas of focus include:

  • Developing and deploying advanced solar panel technologies
  • Investing in wind energy infrastructure
  • Exploring the potential of hydrogen fuel cells for transportation and power generation

    • Decarbonizing Agriculture

    Decarbonizing agriculture is another crucial aspect of ENE’s strategy. The company is working to reduce greenhouse gas emissions from agricultural activities through the use of advanced technologies and sustainable practices.

    The Birth of a Partnership

    The idea of collaboration between Petrovietnam and ENE was first conceived during a meeting between the two companies’ representatives. The meeting aimed to discuss potential areas of cooperation in the fields of green energy and renewable energy development.

    Petrovietnam is a leading energy company in Vietnam, with a diverse portfolio of businesses that include oil and gas production, refining, petrochemicals, and renewable energy.

  • Petrovietnam aims to reduce its greenhouse gas emissions by 50% by 2030, compared to 2015 levels.
  • The company will focus on increasing the use of renewable energy sources, such as solar and wind power, to generate 30% of its electricity by 2030.
  • Petrovietnam will also invest in energy efficiency measures, such as upgrading its refineries and reducing energy consumption in its operations.
    Supporting the Government’s Emissions Reduction Roadmap

    • Petrovietnam is committed to supporting the Vietnamese Government in implementing its emissions reduction roadmap.

    Further details on this topic will be provided shortly.

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