Stay updated with breaking news from Intertek Testing Services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(June 20): Palm oil fell deeper into bear market territory on concern that surging Indonesian exports will challenge cargoes from Malaysia, with the most active contract sliding below RM5,000 for the first time since January.
Singapore, Apr 14: Five Indian-origin men were among 12 persons charged on Thursday for taking bribes in the USD 94.52 million fuel heist reported in Singapore’s Pulau island refinery in 2017. The scheme ran for about 10 years at the Royal Dutch Shell refinery on Pulau (island) Bukom, Channel News Asia reported. It was orchestrated by current and former workers at the refinery, who arranged the illegal loadings of marine fuel for vessels at below market rates. The Indian-origin men charged […]
SINGAPORE, April 1 — A former Shell Eastern Petroleum employee was jailed for 29 years yesterday for his role in the largest misappropriation of marine gas oil from the firm’s biggest regional refinery on Pulau Bukom. Juandi Pungot, 45, and two colleagues are said to be the key...
SINGAPORE: Palm oil stretched losses over four days to 13%, retreating from record highs, as petroleum prices plunge and traders keep a close watch on whether top grower Indonesia issues more export permits.
KUALA LUMPUR (March 15): Palm oil stretched losses over four days to 13%, retreating from record highs, as petroleum prices plunge and traders keep a close watch on whether top grower Indonesia issues more export permits.