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In the morning of September 9, Vung Ro Refinery and Petrochemical Plant – A large industrial project with  the latest in state-of-the-art technologies in the world has been officially broken ground.

The UK’s Technostar Management Limited – developer of the $3.18 billion oil refinery and petrochemical project in the central Phu Yen province last week refused the cleared land handed over by provincial authorities.

From September 9 to 12, 2019, the delegation of Binh Son Petrochemical Joint Stock Company (BSR) led by General Director Bui Minh Tien attended the 35th APPEC Conference in Singapore. This is an opportunity for BSR to contact and discuss with partners to expand opportunities for importing crude oil for Dung Quat Oil Refinery.

At the working meeting with the key leaders of Quang Ngai province on Feb 22, President Truong Tan Sang affirmed: Although the crude oil prices in the world continue sharp fall, Vietnam still is determined to upgrade and expand Dung Quat oil refinery Plant in coming time.

In fact, Because the capacity for producing gasoline and oil products is much lower than its consumption demand, Vietnam still has to spend billions of dollars to import petrochemical products for domestic demand and according to the demand forecast, Vietnam will lack a large amount of gasoline and oil products in the future...

In the morning of February 24th, in Long Son communa, Vung tau town Ba Ria - Vung Tau province, the Prime Minister (PM) Nguyen Xuan Phuc attended the groundbreking ceremony of Southern Oil Refinery Complex (Long Son Petrochemicals - LSP) – a key project of the country.

On August 22, 2017 Nghi Son Refinery and Petrochemical Limited Liability Company (RPLLC) received the first batch of Kuwait crude oil of 270 thousand ton (nearly 2 million barrels) from Millennium oil tanker. This crude oil amount will be used for test running of Nghi Sơn Refinery in coming time.

Gazprom Neft, one of the leading oil producers in Russia, is concluding a deal with a Vietnamese partner acquire a stake at the Dung Quat oil refinery and to modernise the plant.

After nearly a year of changing the operating model to a joint stock company, Binh Son Refinery Joint Stock Company (BSR) has shown the strong steps even in the most difficult times of the market to affirm as a leading company in backyard of  PetroVietnam (PVN) with a good result “stable production and efficient business”.

Authorities in central Quang Ngai Province want more concessions for their Dung Quat oil refinery to match those given to a competitor.

Recently, at working meeting with Mr. Yota ONO, the Director of National Resources and Environment Department (Ministry of Trade and Industry of Japan) on progress of development of Nghi Son Refinery and Petrochemical Complex Project (Nghi Son Refinery), leaders of Thanh Hoa province asked Idemitsu Kosan Company (Japan) and other constructors to hasten progress of the project.

The Prime Minister allows Binh Son Single Member Ltd – The Dung Quat Oil Refinery Management Company to have the self-control in price mechanism for import oil competition.

The Gazprom Neft Corporation of Russia has officially sent a letter with a proposal to stop the negotiation process on transferring a 49% stake of Dung Quat Oil Refinery Plant (ORP).

By this February, 5 years has gone since Dung Quat oil refinery plant produced its first commercial product in February 2009. Prime Minister Nguyen Tan Dung previously assessed that Dung Quat oil refinery plant’s putting into operation had importance in terms of political and economic – social aspects, defense and security in the process of industrialization and modernization of the country, contributed to ensuring national energy security; confirmed that the selection of location and construction of the plant was the right investment decision of the Party and the State...

The central committee of the Vietnam Environmental Economics Association (under the Ministry of Natural Resources and Environment) has just recognized Dung Quat Oil Refinery Plant, which has achieved the Top 10 of "Friendly Green Plants" and the product line of unleaded petrol: RON 95-III, RON 92-II, E5 RON 92-II and diesel fuel (DO 0,005S) of Dung Quat Oil Refinery has achieved the Top 20 of “Environmentally Friendly Products” in 2018.