The Dung Quat Oil Refinery Plant in the central province of Quang Ngai, operated by the Binh Son Refining and Petrochemical Company (BSR), processed more than 100 million tonnes of crude oil and materials after 15 years of operations.

Over 1.2 billion USD will be poured into a project to upgrade and expand Dung Quat Oil Refinery of Binh Son Refining and Petrochemical JSC (BSR), according to a decision signed by Deputy Prime Minister Tran Hong Ha.

Deputy Prime Minister Tran Hong Ha signed a decision on May 5 approving the upgrade of the Dung Quat Oil Refinery in Quang Ngai Province with an estimated investment of nearly US$1.2 billion, the local media reported.

The Ministry of Finance has just published its official stance on the Ministry of Industry and Trade's proposal on supplementing the project on building an underground petroleum storage facility for commercial purposes at Dung Quat Economic Zone. 

  Bio-Ethanol Dung Quat, a bio-fuel factory owned by the Viet Nam Oil and Gas Group (PetroVietnam), has halted operations due to continuing losses.

 Dung Quat refinery may have to close temporarily because its main products, diesel and Jet A1 fuel, cannot compete with imported counterparts since the tariff on diesel and Jet A1 from ASEAN member states has been eliminated, starting from 2016.

 VietNamNet Bridge - After long negotiations, Gazprom Neft has officially proposed to stop the process of negotiation on the transfer of a 49% stake of the Dung Quat oil refinery with the National Oil and Gas Group.

 VietNamNet Bridge - Multi-billion USD refinery projects are being implemented very slowly while the operating Dung Quat oil refinery project has constantly asked the Vietnamese government for support and incentives.

Ministry aims for SOEs equitisation completion in 2015; EVN commits to meeting increased demand in 2015; Vietsovpetro targets 5.1 million tonnes of crude oil in 2015; Ministry of Transport, Bechtel to cooperate on Ca Mau port

 VietNamNet Bridge – Many oil refinery projects have been put forth recently, arousing concerns over a glut in supply as well as potential hazards to the environment caused by production on outdated technology.

 Leading Russian energy group Gazprom and leading Vietnamese oil and gas group PetroVietnam have reached an agreement on operating and developing Vietnam’s Dung Quat oil refinery.