PTSC Quảng Ngãi to list on UPCoM The Hà Nội Stock Exchange (HNX) has allowed PTSC Quảng Ngãi Petroleum Services Joint Stock Company to list 30 million shares on the Unlisted Public Company Market (UPCoM) under stock code PQN.

Việt Nam forecast to face net imports of crude oil Việt Nam’s self-sufficiency for crude oil could come to an end due to exploitation that could turn the country into a net importer of crude oil for the first time, experts warned.

Dung Quất refinery earns $26m in Q1 post-tax profit In Q1, the factory turned out more than 1.7 million tonnes of products and earned over VNĐ23.05 trillion in revenue.

Petrol imports to be reduced this year

Petrol imports this year should be sharply reduced as the Nghi Sơn Refinery comes into operation and the output of Dung Quất Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Đỗ Thắng Hải.

Dung Quất wants equal incentives to Nghi Sơn Refinery

The central province of Quảng Ngãi urged the Government to provide policy incentives for Dung Quất Refinery equal to those enjoyed by Nghi Sơn Refinery to ensure fair competition.

Ministries propose revisions to petrol trading decree

The country should revise Decree 83 on petrol trading, especially regulations related to the calculation of output prices to ensure a transparent petroleum market, said Đỗ Hoàng Anh Tuấn, deputy minister of Finance Ministry.

Nghi Sơn Refinery permitted to export petrol during trial run

The Ministry of Industry and Trade has given permission for Nghi Sơn Oil Refinery and Petrochemical LLC to export fuel products from its new plant, which is operating on a trial basis.

Petrol shares positive in 2018 despite volatility

Despite a volatile market that caused stocks to drop in recent months, the prospects for shares in the three largest Vietnamese petrol retailers remains positive for 2018, according to Viet Capital Securities Corp (VCSC).

PV Oil stakes entice eight foreign investors

Eight investors have registered to become strategic shareholders of the Vietnam Oil Corporation (PV Oil) as of January 10, PV Oil CEO Cao Hoài Dương confirmed on the sidelines of the corporation’s roadshow.

BSR targets over VNĐ3.47 trillion profit next year

Bình Sơn Refining and Petrochemical Co Ltd (BSR), operator of Dung Quất Refinery, has targeted total revenue of nearly VNĐ78.4 trillion (US$3.44 billion), State budget contribution of some VNĐ8.33 trillion and profit-after-tax of more than VNĐ3.47 trillion in 2018.