Tag refinery
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Vietnam crude oil imports to hit record as refinery gets ready to start

August will mark the first month on record in which Vietnam is a net importer of crude oil.

Vietnam’s sole oil refinery hoping to strike it rich with $85 million stake sale: report

It plans to sell 4 percent stake this year and another 49 percent next year, tempting investors from Spain and the ...

Vietnam oil product prices slashed by highest margin since Jan 2016

The government is trying to curb inflation in 2017, and lower fuel prices might help it meet the annual target. 
March 22, 2017 | 03:09 pm GMT+7

Vietnam’s sole oil refinery plans to borrow $1.2 billion for expansion

The company is after a cheap loan to fuel expansion plans.
December 02, 2016 | 05:18 pm GMT+7

World's biggest energy company eyes joint venture in Vietnam

Saudi Aramco, the biggest energy firm in the world, is looking at potential joint ventures in several countries, including Vietnam, Indonesia, India, the United States, and China, ...
May 14, 2016 | 08:16 am GMT+7

Vietnam’s sole oil refinery asks to self-regulate import duties

The Dung Quat oil refinery, in an attempt to reduce losses after certain Free Trade Agreements (FTA) come into effect,  is seeking approval from the Ministry of Finance to ...
May 13, 2016 | 09:21 am GMT+7

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 ...
May 09, 2016 | 12:21 pm GMT+7

Vietnam’s sole oil refinery imports crude oil first time in nine months

State-owned PetroVietnam’s Dung Quat oil refinery for the first time in nine months imported 139,161 tons of crude oil for processing in March, customs data released Wednesday ...
April 14, 2016 | 07:59 am GMT+7

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 ...
March 29, 2016 | 01:51 pm GMT+7

State-run oil giant continues proposing tax cut for locally refined fuel

It is the third time PetroVietnam has appealed for a tax break to help clear the unsold stock at Vietnam’s sole refinery,  stressing that the plant will have to be temporarily ...
February 24, 2016 | 05:45 pm GMT+7