The Dung Quat oil refinery produced about 5.18 million tonnes of petrol and oil during January - September, up 6% from the nine-month plan and equivalent to 80% of this year’s target, its operator – Binh Son Refining and Petrochemical JSC (BSR) - said.
Dung Quat Refinery will undertake the fifth maintenance that will last for 50 days from June 22, 2023, according to Binh Son Refining and Petrochemical Joint Stock Company (BSR).
As a big State-owned enterprise, the Vietnam Oil and Gas Group (PetroVietnam) has the mission of supporting economic development in disadvantaged regions and localities.
Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), exceeded both of its production and financial targets in the first quarter of this year.
Binh Son Refining and Petrochemical JSC (BSR) has operated Dung Quat Oil Refinery at 108 percent of the refinery’s design capacity in a safe and stable fashion in February to meet the domestic market’s increasing demand during traditional Lunar New Year.
Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), has set a target to earn about 864 billion VND (37.45 million USD) in after-tax profit this year.
The success application of a solution to analysearsenic content in samples at Dung Quat Refinery to prevent and control the effects of arsenic at the workshop has savedabout 1 billion VND per year.
The Dung Quat oil refinery, based in the central province of Quang Ngai, exceeded its designed capacity by 7 percent in the first quarter of 2019, helping it gain over 606 billion VND (26 million USD) in post-tax profit during the period.
Petrol imports this year should be sharply reduced as the Nghi Son Refinery comes into operation and the output of Dung Quất Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Do Thang Hai.
Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, sold 7.79 percent of its charter capital, equivalent to 241.5 million shares during its IPO on January 17.
Binh Son Refining and Petrochemical Co Ltd (BSR), the operator of Dung Quat Refinery, will conduct Vietnam’s biggest-ever initial public offering (IPO) on January 17 next year.
Representatives from Spanish energy company Repsol have met with leaders of the Binh Son Refinery and Petrochemical Co Ltd (BSR) to seek opportunities to invest in the Dung Quat Refinery.
The stock market will feature a series of initial public offerings (IPOs) by State-owned enterprises (SoEs), including mega corporations, this year-end.
The Vietnam National Petroleum Group signed an agreement with the Binh Son Refinery and Petrochemical Co Ltd (BSR) on cooperation in boosting sales of petrol products produced by Dung Quat Refinery.
The Vietnam National Oil and Gas Group (PVN) has exported 355 million tonnes of crude oil, worth 145 billion USD, since the shipment of its first barrel from Bach Ho field in April 1987.
Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 percent of its capital in the fourth quarter of the year.
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.
Dung Quat Refinery in the central province of Quang Ngai is aiming to decrease its turnover by 17 percent this year, a 2017 target of 62.4 trillion VND (2.77 billion USD).
The Binh Son Refining and Petrochemical Company will produce more than 1 million tonnes of products between now and the year-end, increasing its total yearly output to 6.91 million tonnes of products.
The Management Board of the Dung Quat Economic Zone in the central province of Quang Ngai received the Labour Order, first class, during a ceremony to mark the 20th anniversary on August 16.
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