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, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s first oil refinery prepares for fifth, most comprehensive maintenance
Binh Son Refining and Petrochemical JSC (BSR), operator of Dung Quat, Vietnam’s first oil refinery, will conduct its fifth general maintenance from March 15 to May 1, or 48 days.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Operator of Vietnam’s first oil refinery sees 2023 profit drop 42% to $348 mln
Binh Son Refining and Petrochemical JSC (BSR), the operator of the first oil refinery in Vietnam – Dung Quat, reported a consolidated net profit of VND8.51 trillion ($348.5 million) in 2023, down 42.2% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch upgrades ratings of Petrovietnam, Vietnam Electricty, subsidiaries to ‘BB+’
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of state-owned oil-gas group Petrovietnam, state utility Vietnam Electricity (EVN), and subsidiaries of the two power giants to “BB+” with a “Stable” outlook.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
US firm strikes deal to settle Vietnam refineries corruption cases
American chemical maker Albemarle Corporation has struck a $218 million plus deal with the U.S. justice department to settle corruption cases in Vietnam, Indonesia and India.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Credit rating for Dung Quat refinery operator could reach positive level BB-/BB: Mizuho
Binh Son Refining and Petrochemical JSC, operator of Vietnam’s oil refinery Dung Quat, can see its credit rating reach the positive level of BB-/BB, according to the Singaporean branch of Japanese bank Mizuho.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dung Quat refinery operator doubles post-tax profit to $614 mln in 2022
Binh Son Refining and Petrochemical JSC, operator of Vietnam's first oil refinery Dung Quat, earned a post-tax profit of VND14,394 billion ($613.8 million) in 2022, up 115.4% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dung Quat refinery operator reports $519 mln profit in 9 months
Binh Son Refining and Petrochemical Company, the operator of Vietnam's first oil refinery Dung Quat, recorded an after-tax profit of VND12,899 billion ($519.4 million) in the first nine months of the year, 3.2 times year-on-year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Son refinery reports all-time high profit after tax
Binh Son Refining and Petrochemical Company (BSR), a Petrovietnam subsidiary, recorded a profit after tax of VND6,764 billion ($291.6 million) in the first five months of 2022, 5.2 times higher than its full year target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam seeks US partners for crude oil supply
Petrovietnam and Binh Son Refining have discussed the supply of crude oil to Vietnamese refineries with U.S. partners like Vitol, Tranfigura, and Shell Houston.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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