Dung Quat oil refinery in the central province of Quang Ngai will be expanded to raise its capacity to 171,000 barrels per day, up from 148,000, with a total investment of US$1.26 billion.
The Vietnam Oil and Gas Group (PVN) recorded total revenue of VND931.2 trillion and pre-tax profit of over VND82.2 trillion (around US$3.5 billion), the highest in 61 years of the Vietnamese oil and gas industry’s history.
A grand ceremony commemorating the 100th birth anniversary of Prime Minister Vo Van Kiet (1922-2008) took place on November 23 in the Mekong Delta province of Vinh Long – the late leader’s native place.
VOV.VN - Binh Son Refining and Petrochemical JSc (BSR) that owns Dung Quat Oil Refinery made a profit after tax of VND12,899 billion, more than 3 times higher than the same period in 2021.
National Assembly Chairman Vuong Dinh Hue on July 25 asked the Binh Son Refining and Petrochemical JSC (BSR), a wholly-owned subsidiary of PetroVietnam, to mobilise all resources for the expansion and upgrading of the Dung Quat Oil Refinery.
Over-reliance on input material imports, small production value and outdated technology were among the major weaknesses of Vietnam's steel industry, said a recent report by the Ministry of Industry and Trade.
VOV.VN - Vietnam exported 13.1 million tonnes of iron and steel worth US$11.8 billion to the EU last year thanks to the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA), up 32.9% in volume and 124.3% in value compared to 2020.
VOV.VN - Representatives of the Electricity of Vietnam (EVN) and Sembcorp Utilities Pte Ltd of Singapore held online working sessions from March 1- 3 to discuss further co-operation in local power projects.
VOV.VN - In early February, Hoa Phat Dung Quat Steel Joint Stock Company signed a contract which will see the Vietnamese firm export an initial batch of hot rolled coil (HRC) to Italy with a volume of 35,000 tonnes.
VOV.VN - Dozens of experts and engineers on February 1-2 received and pumped 113,000 cubic metres of oil from Apollo oil tanker into Dung Quat oil refinery.