Petrovietnam Refining

Petrovietnam (PVN) plans to divest its stake in **Binh Son Refining and Petrochemical (BSR)**, operator of the **Dung Quat Refinery**, by **March 11, 2027**. The move follows Vietnam’s state-owned enterprise restructuring efforts. BSR operates one of the country’s largest refineries, processing crude oil into fuels and petrochemicals.

Oct 2026theinvestor.vnNews article

PV Gas and BSR meet to review cooperation and align supply chain initiatives under Petrovietnam’s integration strategy. The companies assess ongoing projects and plan closer coordination to enhance value across their joint operations. Both firms operate under state-owned Petrovietnam, reinforcing their strategic partnership.

Oct 2026theinvestor.vnNews article

Vietnam’s **Binh Son Refining and Petrochemical JSC (BSR)** completes a **40,000-liter trial sale of white spirit solvent** to **New Generation Paint Co., Ltd.** The transaction marks the first commercial delivery from BSR’s Dung Quat Oil Refinery, enabling further product development and market testing.

Oct 2026theinvestor.vnNews article

Petrovietnam Refining and Petrochemical Corp (BSR) partners with ExxonMobil Asia Pacific to explore crude oil supplies for its Dung Quat Refinery. The agreement aims to diversify feedstock sources and enhance resilience against global energy market fluctuations. BSR, Vietnam’s largest refiner, seeks to reduce dependency on single suppliers through this collaboration.

Sep 2026theinvestor.vnNews article