A delegation of officers from PetroVietnam and Binh Son Oil Refining and Petrochemical JSC has attended a thematic seminar on export funding – TXF Asia 2022 – in Singapore.

The Ministry of Industry and Trade (MOIT) has asked Binh Son Refining and Petrochemical JSC (BSR) to clarify some issues related to its project on expanding Dung Quat Oil Refinery.

The government of Quang Ngai Province has written to the Government and ministries proposing not applying a regulatory charge of 7% to Dung Quat Oil Refinery and approving the refinery expansion project, 

VietNamNet Bridge - The shares of oil and gas companies have seen a price decrease of 49 percent by November compared with the same period last year, the sharpest so far.

VietNamNet Bridge - Some years ago, investors flocked to Vietnam to register petrochemistry and oil refinery projects, which raised concerns about oversupply. But things are quite different now.

The inventory at the Dung Quat Oil Refinery has risen to such a level that it may go beyond the refinery’s maximum storage capacity, a source from the national oil and gas group PetroVietnam has said.

VietNamNet Bridge – Vietnam National Oil and Gas Group and Gazprom Neft have not reached agreement on the latter’s acquisition of a 49% stake at Binh Son Refining and Petrochemical Co. Ltd,

VietNamNet Bridge - In 2010-2014, the preferential import tariff helped Dung Quat Oil Refinery escape from a VND27.6 trillion loss, according to PetroVietnam.

VietNamNet Bridge - The Dung Quat Oil Refinery has shouted for help, saying it will not be able to sell its products and might have to shut down because of the new import tax policy in 2015. Will it be rescued?

 VietNamNet Bridge – Many National Assembly deputies yesterday agreed with the need to build a new modern but costly international airport, but said careful study was needed to ensure both economic and social efficiency of the project.

August CPI growth hits 9-year low; PetroVietnam becomes largest Ha Noi stock; Thai investor buys Vinamilk shares; Foreign accounts rise in first seven months; Local company joins South East Asia’s largest law firm

 VietNamNet Bridge – The Dung Quat Oil Refinery needs up to US$2 billion to raise its annual processing capacity from its current 6.5 million tonnes to 10 million tonnes in the future.

 VietNamNet Bridge – Russian firm Rosneft will provide six million tonnes of oil annually via the Kozmino terminal during the 2014-39 period for the Dung Quat Oil Refinery in Viet Nam.

 Vietnam in global top 10 for foreign remittances; Vietnam wins rice export contract to Philippines; Switzerland backs Vietnam business reforms; Dung Quat Oil Refinery sets new safety record

 VietNamNet Bridge – Wastewater and gas discharged from the Dung Quat Oil Refinery in the central province of Quang Ngai did not cause environmental pollution,

 VietNamNet Bridge – Local people in Quang Ngai province have complained that gas from the Dung Quat Oil Refinery is polluting their air. But the refinery’s managers deny this.