Search oil 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%

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

Indian conglomerate Kanoria eyes deep-water port, oil refinery investments in central Vietnam

Kanoria Foundation, one of the leading conglomerates in India, has shown interest in the Bai Goc deep-water port project located in Nam Phu Yen Economic Zone, Vietnam’s central province of Phu Yen.

Infrastructure - Wed, May 8, 2024 | 10:06 am

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

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, February 26, 2024 | 3:25 pm

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 - Wed, February 14, 2024 | 10:42 am

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