HSBC to arrange financing for $1.49 bln expansion of Dung Quat refinery

HSBC to arrange financing for $1.49 bln expansion of Dung Quat refinery

Binh Son Refining and Petrochemical JSC (BSR), operator of the Dung Quat oil refinery, has selected HSBC to coordinate an export credit agency (ECA) arrangement for a $1.49 billion expansion.

Energy - Thu, May 16, 2024 | 6:31 pm

Operator of Vietnam’s first oil refinery sees Q1 profit fall 31%

Operator of Vietnam’s first oil refinery sees Q1 profit fall 31%

Binh Son Refining and Petrochemical JSC (BSR), the operator of the first oil refinery in Vietnam – Dung Quat, reported an after tax profit of nearly VND1.12 trillion ($44 million) in the first quarter of 2024, down 31% year-on-year.

Companies - Thu, May 9, 2024 | 8:30 am

Dung Quat refinery set for $1.49 bln expansion to increase output by 16%

Dung Quat refinery set for $1.49 bln expansion to increase output by 16%

Binh Son Refining and Petrochemical JSC (BSR), the operator of Dung Quat oil refinery and a subsidiary of state-owned Petrovietnam, is set to spend VND36,397 billion ($1.49 billion) on expanding the refinery.

Energy - Mon, April 1, 2024 | 10:37 am

Cash, bank deposits of Dung Quat refinery operator climb to $1.5 bln

Cash, bank deposits of Dung Quat refinery operator climb to $1.5 bln

Cash and bank deposits of Binh Son Refinery and Petrochemical JSC, which operates the Dung Quat oil refinery, reached nearly $36.47 trillion ($1.5 billion) by the end of Q3/2023, an increase of $446.5 million or 31.4% year-on-year.

Companies - Mon, November 6, 2023 | 11:00 pm

Dung Quat oil refinery expansion priced at over $1.2 billion

Dung Quat oil refinery expansion priced at over $1.2 billion

Vietnam’s government has decided to expand the Dung Quat oil refinery's capacity to 171,000 barrels a day by 2028 from the current 148,000 barrels, with an investment of more than $1.2 billion.

Energy - Sat, May 6, 2023 | 10:20 am

Dung Quat refinery operator expects 89% profit drop in 2023

Dung Quat refinery operator expects 89% profit drop in 2023

Binh Son Refining and Petrochemical JSC, operator of Vietnam's first oil refinery Dung Quat, aims for an after-tax profit of VND1,628 billion ($69 million) in 2023, down 89% year-on-year.

Companies - Wed, March 15, 2023 | 8:59 am

Dung Quat refinery operator expects $30 mln loss in Q4

Dung Quat refinery operator expects $30 mln loss in Q4

Binh Son Refining and Petrochemical JSC (BSR), the operator of Vietnam's first oil refinery Dung Quat, is estimated to lose about VND723 billion ($30.5 million) in the fourth quarter of the year, while it recorded a profit of $112.8 million in the same period last year.

Companies - Wed, December 21, 2022 | 7:19 pm

Petrovietnam to expand Dung Quat oil refinery with $1.2 bln investment

Petrovietnam to expand Dung Quat oil refinery with $1.2 bln investment

Petrovietnam has proposed an investment of $1.26 billion to expand the Dung Quat oil refinery's capacity to 171,000 barrels per day or 7.6 million tons a year, from the current figure of 6.5 million tons, subject to prime ministerial approval.

Investing - Sat, October 15, 2022 | 10:25 am

Dung Quat oil refinery owner reports six-fold profit increase

Dung Quat oil refinery owner reports six-fold profit increase

Binh Son Refining and Petrochemical JSC, owner of Dung Quat Oil Refinery, recorded an after-tax profit of VND9,910 billion ($424 million) in the second quarter, six times the year-on-year figure.

Companies - Wed, July 27, 2022 | 4:08 pm

Zarubezhneft, Gazpromneft seek opportunities from 1st Vietnam oil refinery

Zarubezhneft, Gazpromneft seek opportunities from 1st Vietnam oil refinery

Two Russian companies, Zarubezhneft and Gazpromneft, have sent their working missions to Petrovietnam-owned Dung Quat Oil Refinery to explore investment cooperation opportunities.

Energy - Tue, July 5, 2022 | 2:36 pm