Japan, Korea, Thailand firms compete for $2.4 bln LNG power project
Companies from Japan, South Korea, Thailand, and Vietnam have filed bids to build the $2.4 billion Nghi Son LNG-fired power complex in the central province of Thanh Hoa.
Energy - Fri, March 1, 2024 | 2:15 pm
JBIC asked to help restructuring of loss-making oil refinery in Vietnam
Vietnamese Prime Minister Pham Minh Chinh has asked the Japan Bank for International Cooperation (JBIC) to get involved in the restructuring of loss-making Nghi Son Refinery and Petrochemicals LLC (NSRP), the second oil refinery in the country.
Economy - Tue, December 19, 2023 | 10:04 am
Nghi Son oil refinery needs to cut losses quickly: Vietnam PM
Japan’s Idemitsu Group and its partners need to improve governance, develop efficient operational processes, and apply modern technology to reduce input costs, cutting losses at the Nghi Son oil refinery as soon as possible, said Prime Minister Pham Minh Chinh.
Industries - Mon, December 18, 2023 | 8:08 am
Vietnam’s Nghi Son refinery can move into the black soon: Idemitsu Kosan
The Nghi Son oil refinery, the second of its kind in Vietnam, can achieve positive profits in the fiscal year 2023 (ending March 2024), according to Japan’s Idemitsu Kosan, which holds a 35.1% stake in the facility.
Energy - Thu, November 16, 2023 | 4:13 pm
Nghi Son oil refinery needs personnel, financial restructuring: Prime Minister
Nghi Son Refinery and Petrochemical LLC (NSRP), which operates the Nghi Son oil refinery in central Vietnam, needs to push ahead with personnel, governance and financial restructuring, said Prime Minister Pham Minh Chinh.
Industries - Sun, November 12, 2023 | 4:03 pm
World’s No. 1 oil firm Aramco eyes petrochemical plant in Vietnam
State-owned Saudi Arabian Oil Group, or Aramco – the world’s largest oil producer, has expressed interest in building a petrochemical plant in Vietnam, which has been a net energy importer for years.
Energy - Fri, October 20, 2023 | 9:54 am
Nghi Son oil refinery beats maintenance schedule
Maintenance work at the Nghi Son oil refinery in Thanh Hoa province, central Vietnam was completed Wednesday, seven days ahead of the 55-day schedule.
Energy - Thu, October 12, 2023 | 7:32 pm
Japan’s Jera strives to fire up Nghi Son LNG power plant by 2030
Japanese energy company Jera and its Vietnamese partner plan to put the Nghi Son LNG-fired power plant into operation in the fourth quarter of 2030.
Energy - Fri, July 28, 2023 | 4:26 pm
Nghi Son oil refinery to pause operations for maintenance
The Nghi Son oil refinery will pause operations for 55 days starting August 25, as it undergoes its first major maintenance after five years of operation.
Energy - Tue, July 25, 2023 | 10:20 pm
Vietnam firms ship cement to US amid domestic market gloom
Major Vietnamese cement manufacturers Xuan Thanh and Nghi Son have penetrated the U.S. market as the construction sector at home remains quiet due to the ailing property market.
Companies - Tue, July 18, 2023 | 6:48 pm
Vietnam’s largest refinery avoids suspension with improved cash flow
Nghi Son, Vietnam’s largest refinery, is expected to avoid a prolonged suspension with improved cash flow enabling a November debt repayment, a Nikkei Asia report said Thursday.
Energy - Thu, June 22, 2023 | 4:30 pm
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
Major steel producer VAS exports first batch to US
VAS Group, one of the biggest steel producers in Vietnam, has exported its first batch to Houston, the U.S. from Nghi Son International Port in the central province of Thanh Hoa.
Investing - Wed, April 19, 2023 | 3:48 pm
Expansion of gas & LNG complex in Nghi Son economic zone begins
Anh Phat Investment Construction-Trading JSC kicked off the VND3.94 trillion ($168 million) expansion of its gas & LNG complex in the central province of Thanh Hoa on Sunday.
Energy - Mon, April 3, 2023 | 6:42 pm
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
