Oil

BSR Opens International Financing Options for Dung Quat

BSR’s issuance of a Request for Proposal (RfP) for financing the Dung Quat Oil Refinery Expansion and Upgrade Project marks a critical transition from technical preparation to capital mobilization for a nationally important energy project. The proposed loan of about USD 600 million, equivalent to 40% of total investment, is designed not only to secure construction progress but also to optimize funding costs, allocate risk and bring the project closer to international financing standards.

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BSR Opens the Door to Commercial B5 Biodiesel

BSR Opens the Door to Commercial B5 Biodiesel

BSR’s first commercial shipment of B5 biodiesel from the Dung Quat Oil Refinery marks an important transition from research and trial blending to market deployment of a lower-carbon fuel. As Vietnam expands its biofuel ecosystem and energy-transition agenda, B5 adds a new product to BSR’s portfolio while creating room to decarbonize diesel transport and raise the value generated by the domestic refining chain.

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Dung Quat Accelerates E100 Supply for E10 Gasoline

Dung Quat Accelerates E100 Supply for E10 Gasoline

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan’s inspection of the Dung Quat Biofuel Plant on August 3, 2026 underscored the strategic role of fuel-grade ethanol (E100) in Vietnam’s E10 roadmap. The challenge now extends beyond restarting a single plant: it requires a resilient, competitive supply chain linking feedstock, ethanol production, blending, logistics and nationwide distribution.

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BSR Sets New Records Through Agile Management

BSR Sets New Records Through Agile Management

Amid sharp volatility in global oil markets and supply chains, BSR closed the first half of 2026 with its highest production and revenue since the Dung Quat Oil Refinery began operations. The result was driven not only by high throughput, but also by scenario-based management, feedstock and product optimization, and disciplined control of inventories, cash flow and price risk.

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BSR Builds a Domestic Foundation for Defense-Fuel Autonomy

BSR Builds a Domestic Foundation for Defense-Fuel Autonomy

From a refinery serving the civilian market, BSR has mastered the production of specialized fuels for military aircraft, warships and submarines. The achievement reduces Vietnam’s dependence on imports and lowers procurement costs, while creating a dual-use technology capability of strategic importance to energy security, national defense and resilience when global supply chains are disrupted.

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BSR Accelerates Investment on Its Path to Southeast Asia’s Top 8

BSR Accelerates Investment on Its Path to Southeast Asia’s Top 8

BSR’s ambition to rank among Southeast Asia’s eight largest refining and petrochemical companies by revenue by 2030 requires a shift from growth driven mainly by operational efficiency to growth led by investment. Supported by solid production and financial performance, the Dung Quat Refinery Expansion and Upgrade Project, together with petrochemicals, sustainable fuels, new technologies and M&A, is being positioned as a platform for value-chain expansion and stronger regional competitiveness.

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BSR Secures Fuel Supply, Accelerates Dung Quat Upgrade

BSR Secures Fuel Supply, Accelerates Dung Quat Upgrade

Amid volatile energy markets and mounting pressure to secure fuel supply, BSR is pursuing two major priorities: keeping the Dung Quat Oil Refinery safe, efficient and operating at high throughput, while accelerating its Upgrade and Expansion Project to build long-term capacity. Strong results in the first half of 2026 and the project’s transition into the EPC phase show that the company is reinforcing its role as a pillar of Vietnam’s energy system.

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BSR Broadens Crude Slate, Strengthens Competitiveness

BSR Broadens Crude Slate, Strengthens Competitiveness

The successful processing of Nigeria’s Erha crude and Sao Vang–Dai Nguyet condensate at the Dung Quat Oil Refinery in June 2026 did more than raise the number of feedstocks the facility can handle to 40. It also marked another advance in BSR’s command of refining technology, supply diversification, product-yield optimization and capacity to respond to increasingly complex shifts in the global energy market.

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BSR NAMED AMONG VIETNAM’S TOP 10 GREEN ESG ENTERPRISES 2026: A Refining and Petrochemical Mark in the Green Transition

BSR NAMED AMONG VIETNAM’S TOP 10 GREEN ESG ENTERPRISES 2026: A Refining and Petrochemical Mark in the Green Transition

BSR’s recognition among Vietnam’s Top 10 Green ESG Enterprises 2026 in the Energy - Oil and Gas sector is more than an award. It marks the transformation of a refining and petrochemical enterprise that plays a strategic role in national energy security while progressively integrating environmental, social and governance standards into its long-term development strategy. From Dung Quat Refinery to the ethanol value chain, E10 biofuel gasoline, sustainable marine fuel and sustainable aviation fuel

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BSR makes ESG a long-term growth driver: From a Pillar of Energy Security to a Green Enterprise in the Energy Transition Era

BSR makes ESG a long-term growth driver: From a Pillar of Energy Security to a Green Enterprise in the Energy Transition Era

As the global energy industry enters a period of profound transformation, Vietnam Refining and Petrochemical Corporation (BSR) is not only reaffirming its role as the operator of Dung Quat Refinery, a strategic facility in securing domestic petroleum supply, but is also actively redefining itself through the standards of sustainable development. From environmental governance, safety culture and digital transformation to E10 biofuel and the direction toward sustainable aviation fuel, ESG is becom

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Fuel surcharges are not a bargaining problem, but a supply chain design problem

Fuel surcharges are not a bargaining problem, but a supply chain design problem

For many import-export companies, fuel surcharges are treated as an extra burden to be negotiated down. But from a supply chain management perspective, BAF and inland fuel surcharges are in fact indicators of how lean - or fragmented - a logistics network really is. The more scattered the cargo organization, the more fuel volatility is amplified into direct cost pressure.

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Vietnam and the endurance test of global logistics

Vietnam and the endurance test of global logistics

Vietnam is not at the epicentre of major geopolitical conflict, but it is highly exposed to the economic aftershocks of almost every major logistics disruption. With one of the highest trade-to-GDP ratios in the region, turbulence in Hormuz, Suez, the Red Sea or other strategic corridors can quickly feed into Vietnam through fuel costs, ocean freight, transit time, delivery schedules, export orders and multinational expectations. When Vietnam is placed in the context of global supply chains shif

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Hormuz: a late warning for global trade

Hormuz: a late warning for global trade

The Strait of Hormuz usually dominates headlines only when the Middle East turns volatile. Yet from a logistics and trade-structure perspective, Hormuz is not a “new shock” at all. It is a repeated reminder of a deeper weakness in globalization: too much of the world’s energy and strategic cargo still moves through too few gateways. That is the core argument running through the uploaded document, and it becomes even more compelling

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Dung Quat Refinery Runs Steadily at 124-125% Capacity, Securing Fuel Supply During Tet

Dung Quat Refinery Runs Steadily at 124-125% Capacity, Securing Fuel Supply During Tet

Amid forecasts of surging fuel demand during Lunar New Year (Tet) - the Year of the Fire Horse 2026 and the regulator’s strict requirement to prevent any localized shortages, Binh Son Refining and Petrochemical Joint Stock Company (BSR) has implemented an assertive operating plan: maintaining safe, efficient and continuous operations at the Dung Quat Refinery at 124-125% of “equivalent capacity”

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Vietnam towards the sea: Cai Mep-Thi Vai - Opportunities & Actions

Vietnam towards the sea: Cai Mep-Thi Vai - Opportunities & Actions

On December 26, 2025, at the Tan Cang – Cai Mep port cluster, Saigon Newport Corporation (SNP), in coordination with the Ho Chi Minh City Logistics and Seaports Association (HLA), hosted the seminar “Vietnam Towards the Sea: Cai Mep–Thi Vai – Opportunities & Action.” The seminar brought together representatives from state management agencies, industry associations, shipping lines, and domestic and international logistics and import–export enterprises, both in person and online.

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“Green Skies” 2050: Decarbonization Pressure on the Air Cargo Supply Chain

“Green Skies” 2050: Decarbonization Pressure on the Air Cargo Supply Chain

As air cargo volumes keep rising, the industry’s emissions picture is heating up. Aviation currently accounts for around 2.1% of human-made CO₂ emissions and about 12% of transport-related emissions overall. In 2024, airlines emitted roughly 942 million tonnes of CO₂, and only about 1% of that was mitigated through carbon credits and sustainable aviation fuel (SAF).

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Methanol - Ammonia: A Transition Pathway for Vietnam’s Fleet?

Methanol - Ammonia: A Transition Pathway for Vietnam’s Fleet?

No longer confined to demonstration models, methanol and ammonia are moving into practical deployment at ever-larger scales.

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Malaysia Tightens AIS and Anchorage/STS: A Lesson for Fighting Illicit Ship-to-Ship Transfers in the South China Sea

Malaysia Tightens AIS and Anchorage/STS: A Lesson for Fighting Illicit Ship-to-Ship Transfers in the South China Sea

From the start of Q3/2025, a string of signals from Malaysia shows the authorities have moved from “advice” to “tightening” with respect to anchorage and ship-to-ship (STS) transfers in waters under Malaysian jurisdiction.

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Panama Blocks Ships Over 15 Years Old: Raising the Compliance Bar

Panama Blocks Ships Over 15 Years Old: Raising the Compliance Bar

Panama has “closed the books” on registering oil tankers and bulk carriers more than 15 years old. Experts say this move is aimed at blocking the “shadow fleet,” lifting the compliance bar, and signaling what Vietnamese businesses need to prepare for.

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From Oil Sanctions to Container Shipping: “Red Lines” of Compliance for Vietnamese Businesses

From Oil Sanctions to Container Shipping: “Red Lines” of Compliance for Vietnamese Businesses

Over the past three years, the maritime world has operated within a “new risk band”: from the G7’s oil price cap to crackdowns on the “shadow fleet” carrying Iranian and Russian oil. What changed in 2024–2025 is that sanctions are no longer confined to tankers; enforcement has been “spilling over” into the container supply chain via AIS monitoring, rules on anchorage/ship-to-ship (STS) transfers, insurance paperwork, legal attestations, and partner screening.

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The Sanctions Trap in Maritime Shipping – From Oil to Containers

The Sanctions Trap in Maritime Shipping – From Oil to Containers

Sanctions once targeted oil tankers have now expanded into the container shipping industry. This shift has unwittingly created a new legal punch, full of risk. It’s no longer just a matter of cargo; it’s a test of logistics chain governance in a deeply globalized and politicized world.

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Quy hoạch chi tiết phát triển vùng đất, vùng nước cảng biển Huế thời kỳ 2021-2030, tầm nhìn đến năm 2050

Quy hoạch chi tiết phát triển vùng đất, vùng nước cảng biển Huế thời kỳ 2021-2030, tầm nhìn đến năm 2050

Bộ Xây dựng đã ban hành Quyết định số 1019/QĐ-BXD vào ngày 04/7/2025 phê duyệt Quy hoạch chi tiết phát triển vùng đất, vùng nước cảng biển Huế thời kỳ 2021-2030, tầm nhìn đến năm 2050.

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