Export turnover of crude oil to Thailand soars

Export turnover of crude oil to Thailand soars

The export turnover of crude oil to Thailand reported an increase of 200 per cent in July
Dung Quat Oil Refinery to increase capacity

Dung Quat Oil Refinery to increase capacity

Deputy Prime Minister Tran Hong Ha signed Decision No.482/QD-TTg on May 5 approving the investment planning to upgrade Dung Quat Oil Refinery located in the central province of Quang Ngai to increase output.
Quang Ngai province to focus on development

Quang Ngai province to focus on development

The new mission of Quang Ngai province is to become the growth pole of the central region and significantly contribute to the development of the country.
More oil refineries required in Vietnam

More oil refineries required in Vietnam

Highly volatile petroleum prices in the global market and a shortfall in domestic supply have underlined the need for more refineries in the country.
Dung Quat Refinery exceeds design capacity to meet demand

Dung Quat Refinery exceeds design capacity to meet demand

Binh Son Refining and Petrochemical JSC is operating Dung Quat Oil Refinery at 109 per cent of the refinery’s design capacity.
Binh Son Refinery reports $130 million in profit in first half

Binh Son Refinery reports $130 million in profit in first half

Binh Son Refinery acquired VND3 trillion ($130.43 million) in profit in the first half thanks to the soaring price of West Texas Intermediate oil.
Foreign ownership ratio in Binh Son Refinery slips

Foreign ownership ratio in Binh Son Refinery slips

From 4.74 per cent two years ago, foreign ownership in Binh Son Refining and Petrochemical Co., Ltd. has slipped to 0.07 per cent.
PetroVietnam proposal to stop importing petroleum refused

PetroVietnam proposal to stop importing petroleum refused

The proposal to either stop or suspend petroleum imports by PetroVietnam was refused as it would impact importers and violate Vietnam's FTA and WTO commitments.
Dung Quat Oil Refinery may suspend operation due to COVID-19 pandemic

Dung Quat Oil Refinery may suspend operation due to COVID-19 pandemic

In the context of the COVID-19 pandemic, Binh Son Refining and Petrochemical Co., Ltd. (BSR) is considering suspending the operation of Dung Quat Oil Refinery due to overloaded stores until the market recovers.
BSR to languish while waiting for capital for Dung Quat Refinery

BSR to languish while waiting for capital for Dung Quat Refinery

Dung Quat Oil Refinery has been struggling with mobilising investment capital to move forward.
SOCAR Trading becomes crude oil supplier of Dung Quat refinery

SOCAR Trading becomes crude oil supplier of Dung Quat refinery

BSR decided to add Azeri crude oil to the list of strategic materials in 2020 and upcoming years.
BSR acquired $58.2 million in nine-month pre-tax profit

BSR acquired $58.2 million in nine-month pre-tax profit

BSR reported $3.21 billion in net revenue, $90 million in gross profit, and $58.26 million in pre-tax profit in the first nine months of this year..
BSR seeks foreign partners for more multifaceted growth

BSR seeks foreign partners for more multifaceted growth

Binh Son Refining and Petrochemical Co., Ltd. (BSR), the managing unit of Dung Quat Oil Refinery, places top priority on international co-operation to attract more resources to increase the productivity and efficiency of its oil refinery operations.
NSRP inaugurates Nghi Son Petrochemical Refinery

NSRP inaugurates Nghi Son Petrochemical Refinery

Between them, NSRP and Dung Quat will meet 80-90 per cent of domestic petroleum and diesel demand.
Nghi Son refinery starts commercial operations in November

Nghi Son refinery starts commercial operations in November

Nghi Son Petrochemical Refinery officially came into commercial operation on November 14, after more than four years of construction.
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