BSR secures a strong international credit rating

BSR secures a strong international credit rating

Binh Son Refining and Petrochemical JSC has been issued an Issuer Default Rating of 'BB', accompanied by a positive outlook.
BSR's initial rating results in positive BB

BSR's initial rating results in positive BB

Binh Son Refining and Petrochemical JSC (BSR) has just been assigned a rating of BB – the outlook is positive – and a standalone credit profile of BB-.
Dung Quat Oil Refinery to increase capacity

Dung Quat Oil Refinery to increase capacity

Deputy Prime Minister Tran Hong Ha signed Decision No.482/QD-TTg on May 5 approving the investment planning to upgrade Dung Quat Oil Refinery located in the central province of Quang Ngai to increase output.
More oil refineries required in Vietnam

More oil refineries required in Vietnam

Highly volatile petroleum prices in the global market and a shortfall in domestic supply have underlined the need for more refineries in the country.
Businesses post buoyant profit picture in the year to date

Businesses post buoyant profit picture in the year to date

Amid the economic rebound post-pandemic, many businesses aspire rosy profit picture in the second quarter of this year.
Binh Son Refining withdraws HNX listing application

Binh Son Refining withdraws HNX listing application

Binh Son Refining and Petrochemical Joint Stock Company (BSR) has sent a document to the Ha Noi Stock Exchange (HNX) to withdraw its registration for listing shares on the northern bourse.
Hyundai E&C and Technip join bids for Dung Quat refinery expansion

Hyundai E&C and Technip join bids for Dung Quat refinery expansion

BSR has received bids for a $1.8 billion upgrade and expansion project from two consortiums led by Hyundai Engineering & Construction and Technip Italy.
Foreign ownership ratio in Binh Son Refinery slips

Foreign ownership ratio in Binh Son Refinery slips

From 4.74 per cent two years ago, foreign ownership in Binh Son Refining and Petrochemical Co., Ltd. has slipped to 0.07 per cent.
BSR to languish while waiting for capital for Dung Quat Refinery

BSR to languish while waiting for capital for Dung Quat Refinery

Dung Quat Oil Refinery has been struggling with mobilising investment capital to move forward.
SOCAR Trading becomes crude oil supplier of Dung Quat refinery

SOCAR Trading becomes crude oil supplier of Dung Quat refinery

BSR decided to add Azeri crude oil to the list of strategic materials in 2020 and upcoming years.
BSR acquired $58.2 million in nine-month pre-tax profit

BSR acquired $58.2 million in nine-month pre-tax profit

BSR reported $3.21 billion in net revenue, $90 million in gross profit, and $58.26 million in pre-tax profit in the first nine months of this year..
BSR seeks foreign partners for more multifaceted growth

BSR seeks foreign partners for more multifaceted growth

Binh Son Refining and Petrochemical Co., Ltd. (BSR), the managing unit of Dung Quat Oil Refinery, places top priority on international co-operation to attract more resources to increase the productivity and efficiency of its oil refinery operations.
PetroVietnam flies over 11-month targets

PetroVietnam flies over 11-month targets

In the first 11 months of 2018, PetroVietnam surpassed business targets, including profit, revenue as well as oil and gas production.
Four former leaders of PetroVietnam subsidiaries to be prosecuted

Four former leaders of PetroVietnam subsidiaries to be prosecuted

Four former leaders of PetroVietnam subsidiaries have just been prosecuted for “abuse of powers or position for appropriation of property.”
BSR may take one more year for the second share sale

BSR may take one more year for the second share sale

BSR will divest the state-owned stake on the stock exchange, giving room for non-strategic investors to participate.
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