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Dung Quat
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Biofuel plant halts production
National petroleum giant PetroVietnam has temporarily suspended production at its 100 million liter/year ethanol plant in Dung Quat due to high production costs and low sales of bio-gasoline.
Vietcombank lends $90 million to Dung Quat oil refinery operator
Vietcombank has pledged loans worth a total of VND5 trillion ($224 million) to Binh Son Refining and Petrochemical Company, the operator of Vietnam's only working oil refinery and a subsidiary of state-owned oil giant PetroVietnam.
Vietnamese authorities may terminate $4.5 billion Taiwanese steel project
South-central Vietnamese province of Quang Ngai has requested the central government on June 6 to terminate a $4.5 billion Taiwanese steel project.
June 6, 2016 | 05:14 pm PT
PetroVietnam expects approval for Exxon gas field this month
The field is expected to produce about 10 billion cubic meters of natural gas per year.
July 13, 2016 | 10:11 pm PT
Vietnam’s Dung Quat refinery sees 2017 gross profit down on lower oil prices
The refinery's shorter production period due to routine maintenance will also contribute to falling revenues.
February 20, 2017 | 12:20 am PT
Vietnam’s Dung Quat oil refinery meets one-third of 2017 revenue target in Q1
The refinery has projected its annual revenue target for this year to fall 17 percent.
March 28, 2017 | 04:59 am PT
Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt
Lower tax will help boost 2017 Dung Quat output by 20 percent.
July 25, 2017 | 06:18 pm PT
Vietnam energy giant tries to bail from sinking shipyard after years of debts and losses
PetroVietnam does not expect to recoup its million-dollar investment in the business.
August 28, 2017 | 07:07 pm PT
Vietnam’s sole oil refinery operator aims to raise $155 mln from January IPO
Binh Son also plans to offer a 49 percent stake in the refinery to strategic investors.
December 21, 2017 | 12:00 am PT
Vietnam raises $245 mln from refinery operator Binh Son's IPO
Overseas investors bought a 4.77 percent stake in the company at the IPO.
January 17, 2018 | 08:30 am PT
Vietnam's Nghi Son oil refinery ready for start-up from Feb. 28
The 200,000 barrel-per-day Nghi Son plant along with Dung Quat will help Vietnam meet 80 percent of its fuel demand.
February 26, 2018 | 05:56 pm PT
Nghi Son refinery seeks permit to export petroleum products
Nghi Son has sought a license to export a few hundred tons of petroleum products at market prices, the trade ministry has confirmed.
September 3, 2018 | 05:05 am PT
Dung Quat oil refinery seeks same treatment from government as rival
Authorities in central Quang Ngai Province want more concessions for their Dung Quat oil refinery to match those given to a competitor.
November 7, 2018 | 12:09 am PT
New oil refineries to quadruple Vietnam capacity 2023
Vietnam’s total oil refining capacity will nearly quadruple by 2023 as two new refineries go on stream, market data provider Fitch Solutions reports.
November 21, 2018 | 02:16 am PT
Vietnam mulls zero tariff on oil, mineral imports
Vietnam is considering scrapping import tariffs on crude oil and minerals.
February 18, 2019 | 11:03 pm PT
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