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Home » Tag Archives: Singapore refinery oil theft

Tag Archives: Singapore refinery oil theft

Recovery Barometer: Shipping Fuel Demand Back to Pre-Pandemic Levels

Two ships bunkering at sea

REUTERS, NOVEMBER 5, 2020 Demand for bunker fuel at most ports rebounds to pre-pandemic levels SINGAPORE – Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at pre-pandemic levels, traders and analysts said. The trend …

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Founder of major Singapore fuel supplier charged in Shell oil heist case

Shell sign

REUTERS, OCTOBER 3, 2020 SINGAPORE (Reuters) – The founder of one of Singapore’s biggest marine fuel suppliers has been charged for his involvement in a large-scale oil theft from Shell’s refinery in the city-state, according to a charge sheet reviewed by Reuters. Pai Keng Pheng, the founder and managing director of Sentek Marine & Trading, was accused on Thursday of …

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Singapore Jails Tanker Captain in Shell Oil Heist

Suspects, part of a group of 17 detained over their part in an alleged oil theft at Shell's Pulau Bukom refinery, arrive in a van at the State Courts in Singapore in January 2018. / REUTERS

December 20, 2019 by Reuters SINGAPORE, Dec 20 (Reuters) – The captain of a Vietnamese oil tanker has been jailed for over five years in Singapore for his role in a scheme that saw around $150 million of oil stolen from Shell’s biggest refinery over several years. Doan Xuan Than, 47, was sentenced to 66 months in prison on Thursday, a spokesman …

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