Dung Quat Oil Refinery processes 53 percent of crude oil Business

Dung Quat Oil Refinery processes 53 percent of crude oil

The crude distillation unit (CDU) at the Dung Quat Oil Refinery, located in the Dung Quat Economic Zone, Binh Son district, central Quang Ngai province, on February 10-13 processed 53 percent of imported crude oil for the first time.
Doubts remain over EVN’s sub-unit IPOs Business

Doubts remain over EVN’s sub-unit IPOs

The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPOs of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.
Binh Son refinery reports high profit Business

Binh Son refinery reports high profit

The Binh Son Refining and Petrochemical Company (BSR) reported pre-tax profits of 1.3 trillion VND (57.1 million USD) in the first quarter of 2018, up 46 percent compared to the quarterly target.
Three PetroVietnam subsidiary IPOs in three months Business

Three PetroVietnam subsidiary IPOs in three months

Three big companies of the Vietnam National Oil and Gas Group (PetroVietnam) will make their initial public offerings (IPOs) in the next three months, under equitisation plans approved by Deputy Prime Minister Vuong Dinh Hue late last week.
 Sovico, BSR in investment talks Business

Sovico, BSR in investment talks

Investment firm Sovico Holdings is in talks with the Binh Son Refining and Petrochemical Company (BSR Co Ltd) on exploiting opportunities arising out of the latter’s equitisation process.
Central region takes biofuel lead Business

Central region takes biofuel lead

The National Oil and Gas Group (Petro Vietnam) has opened three biofuel plants with total capacity of 300 million litres per year in order to meet increasing demand for green energy.
Business

Foreign investors interested in Dung Quat refinery

As much as 49 percent of Dung Quat oil Refinery shares is likely to be sold to foreign firms, according to Nguyen Hoai Giang, General Director of Binh Son Refining and Petrochemical Company (BSR), which is in charge of Dung Quat.