Vietnam’s first oil refinery prepares for fifth, most comprehensive maintenance

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

Fuel retail giant Petrolimex’s net profit nearly doubles in 2023

Fuel retail giant Petrolimex’s net profit nearly doubles in 2023

Fuel retail giant Petrolimex reported a consolidated net profit of VND2.8 trillion ($114.64 million) in 2023, up 94% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam gasoline prices down after two hikes

Vietnam gasoline prices down after two hikes

Gasoline prices in Vietnam dropped VND340-390 (1.6 U.S cents) per liter and oil products by VND620-1,060 (4.3 U.S cents) per kilogram or liter, starting at 3 p.m. Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son oil refinery needs personnel, financial restructuring: Prime Minister

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son oil refinery beats maintenance schedule

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam gasoline prices fall for first time since July 21

Vietnam gasoline prices fall for first time since July 21

Retail gasoline prices in Vietnam were reduced by VND690-900 ($0.04) per liter on Monday, marking the first reduction after seven consecutive hikes since July 21.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam gasoline prices up for 7 straight times in two months

Vietnam gasoline prices up for 7 straight times in two months

Retail gasoline prices in Vietnam were raised by VND140-630 ($0.03) per liter on Thursday, the seventh hike since July 21.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam targets 118 mln tons of bauxite a year in minerals exploitation plan

Vietnam targets 118 mln tons of bauxite a year in minerals exploitation plan

Vietnam plans to exploit 114.5 million tons of bauxite yearly in 2021-2030 and increase this to 118 million tons a year in 2031-2050, the Ministry of Industry and Trade announced Wednesday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gasoline stocks rally on rising world oil prices

Gasoline stocks rally on rising world oil prices

Stocks of gasoline companies in Vietnam enjoyed strong gains on Tuesday thanks to rising global oil prices.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Major Mekong Delta fuel supplier about to open storage facility

Major Mekong Delta fuel supplier about to open storage facility

NSH Petro JSC, a major fuel supplier based in Vietnam’s Mekong Delta, is set to inaugurate the first phase of its Soai Rap-Hiep Phuoc fuel storage depot in Tien Giang province on April 30.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Expansion of gas & LNG complex in Nghi Son economic zone begins

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, Dec 22, 2021 | 11:30 am GMT+7

Laos, US firms eye fuel storage facility in central Vietnam

Laos, US firms eye fuel storage facility in central Vietnam

Quang Tri province authorities have agreed in-principle with a proposal to invest in a bonded warehouse for fuel by a joint venture of firms from Laos, Vietnam, and the U.S.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam spends $9 bln to import gasoline, oil in 2022

Vietnam spends $9 bln to import gasoline, oil in 2022

Vietnam spent $8.97 billion to import nearly 8.9 million tons of gasoline and oil of all kinds in 2022, up nearly 28% in volume and 118.5% in value compared to 2021.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son oil refinery resumes full capacity on Sunday

Nghi Son oil refinery resumes full capacity on Sunday

The Nghi Son oil refinery in central Vietnam completed repairs last Friday and resumed full capacity from Sunday afternoon, in line with the request of Minister of Industry and Trade Nguyen Hong Dien.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son refinery must fix technical issues, resume full capacity by Sunday: minister

Nghi Son refinery must fix technical issues, resume full capacity by Sunday: minister

Nghi Son Refinery and Petrochemical Complex must fix its technical issues and resume full capacity by Sunday, Minister of Industry and Trade Nguyen Hong Dien made the request while working with the complex on Thursday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nghi Son refinery output may fall 25% due to technical issues

Nghi Son refinery output may fall 25% due to technical issues

Nghi Son Refinery and Petrochemical complex in Thanh Hoa province may have its output reduced by 20-25% in the first 10 days of January due to technical issues at its residue fluid catalytic cracking (RFCC) section.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam revenue hits all-time high in 11 months

Petrovietnam revenue hits all-time high in 11 months

Petrovietnam earned a revenue of VND854 trillion ($36.22 billion) in the past 11 months, a record high since the state giant's establishment in 1977.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7