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Brightoil Winding-Up Petition Dismissed After Settlement Reached With Petco
Jul 28, 2020 ... Hong Kong court has dismissed a winding-up petition against Brightoil Petroleum after the company reached a financial settlement with Petco Trading Labuan Company, which filed the ...
Brightoil Reaches Settlement With Petrolimex Over $30 Million Debt
May 20, 2020 ... Kong-based Brightoil Petroleum (Holdings) Limited says its Singapore unit has reached a settlement with Petrolimex over its $30 million debt to them. Brightoil's founder Sit Kwong Lam was ...
Bunker Market Instability an Opportunity to Grow: Minerva Bunkering CEO
May 5, 2020 ... month; as part of it, the company will be using two barges bought at auction late last year as Brightoil Petroleum sold off parts of its bunkering infrastructure. Minerva also stepped in to ...
Brightoil Poised to Sell its Bunker Business
Feb 13, 2020 ... Petroleum is poised to sell its bunkering unit as part of plans to restructure its business and resume trading in its shares. In a recent update, the firm said it had submitted a ...
Singapore Bunker Supplier Count Falls to 44 on Brightoil Exit
Feb 5, 2020 ... of licensed bunker suppliers in Singapore has fallen for the third time in as many months, with Brightoil Petroleum (Singapore) Pte Ltd finally dropping off the list. The company's entire fleet ...
Mercuria, Trafigura, GP Global Eye Singapore Bunker Supplier Role: Report
Feb 5, 2020 ... during Aegean bankruptcy, in October Minerva also acquired two Singapore bunkering tankers from Brightoil. Trafigura, meanwhile, last month announced its new Singapore-Based bunkering arm TFG ...
Brightoil Releases Unaudited Results Showing $329 Million Loss in 2018-19
Feb 3, 2020 ... Kong-based Brightoil Petroleum (Holdings) Ltd has released unaudited financial results for the past three years showing its journey from a profit of HK$1.144 billion ($147 million) to a loss ...
Petrochina Takes Top Slot Among Singapore Bunker Suppliers for 2019
Jan 24, 2020 ... Pacific Pte Ltd, sinking to 22nd place last year from seventh in 2018. The financial troubles of Brightoil Petroleum (Singapore) Pte Ltd in 2019 saw it drop almost to the bottom of the list, to ...
FEATURE: Roaring 2020s Seem Uncertain Prospect for Bunker Industry After Turbulent 2019
Jan 16, 2020 ... the world at the end of the year, and Minerva remained among the leading companies. Hong Kong's Brightoil Petroleum (Holdings) Limited had less of a happy year. In February the company issued a ...
HKSE Seeks Assurances on Integrity of Brightoil Management
Nov 18, 2019 ... Hong Kong Stock Exchange (HKSE) wants assurances over the integrity of Brightoil's management structure, and has added the request as an additional condition for the resumption in trading of ...
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