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Ministry raises concern over funding for Dung Quat refinery upgrade
The Ministry of Industry and Trade is concerned about the ability of Dung Quat Refinery operator Binh Son Refining and Petrochemical to mobilize capital for its expansion plan due to low accumulated profit.
Refinery operator BSR back in the black
Binh Son Refining and Petrochemical Jsc has turned around after a disastrous 2020 and reported a pre-tax profit of VND1.85 trillion ($80.5 million) for the first quarter.
Refinery operator turns profitable
Binh Son Refining and Petrochemical Jsc turned profitable in the third quarter after two consecutive quarterly losses thanks to rising oil prices.
October 22, 2020 | 09:32 pm PT
Refinery operator Binh Son posts $184 mln loss
The Binh Son Refining and Petrochemical Jsc (BSR) posted a loss of VND4.3 trillion ($184 million) in the first half this year due to Covid-19 impacts.
September 8, 2020 | 08:32 pm PT
Fuel producer posts $181 mln loss
Binh Son Refining and Petrochemical Jsc has reported a loss of VND4.2 trillion ($181 million) in the first half due to lower fuel demand.
July 22, 2020 | 09:30 pm PT
Vietnam inks crude oil deal with Azerbaijan
Vietnam’s oil refinery operator BSR has struck a deal to import five million barrels of crude next year from Azerbaijan.
December 2, 2019 | 01:39 am PT
Petrovietnam reports 26 percent hike in revenues last year
Vietnam National Oil and Gas Group has announced its 2018 results, which show it exceeded its revenue and state budget contribution targets.
February 5, 2019 | 06:00 pm PT
Vietnam arrests four oil officials for violations linked to banking graft case
Officials of PetroVietnam were accused of accepting excessive interest payments from OceanBank.
June 21, 2018 | 03:42 pm PT
Vietnam arrests oil refinery officials as investigation into banking graft case widens
Officials from a PetroVietnam subsidiary allegedly accepted $840,000 in excessive interest payments from OceanBank.
May 10, 2018 | 06:54 pm 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