Brightoil Petroleum (S’pore) Ptd. Ltd., the subsidiary of Hong Kong-listed Brightoil Petroleum (Holdings) Limited has announced Stephen Qi Jun as Acting CEO of the Singapore-based firm with immediately effect from 25 May, 2018.
Qi is a 20-year veteran of Brightoil; prior to the latest appointment he was CEO of Brightoil Bunker E-Commerce and COO of Brightoil Petroleum Singapore.
“Brightoil Petroleum Singapore will continue its International Trading & Bunkering (ITB) and its Marine e-Commerce business, and with the company’s trust I will provide my full commitment to develop its business,” he told Manifold Times.
Qi earlier offered an expert opinion to Manifold Times regarding Brightoil Bunker Online and the rise of the online bunker trading sector.
Wang Wei, the former CEO of Brightoil Petroleum (S’pore) Ptd. Ltd., on 21 May 2018 tendered his notice of retirement after serving his initial term of three years in accordance with a service agreement between him and Brightoil on 8 May 2015.
Brightoil is founded in 1992 in Shenzhen, listed in Hong Kong 2008, and is among international suppliers of marine bunker fuel.
Related: Online bunker trading: Evolution from traditional bunker buying
Related: Brightoil: Singapore CEO resigns, trading halt continues
Photo credit: Brightoil Petroleum (S’pore) Ptd. Ltd.
Published: 30 May, 2018
Shi joins Sing Fuels from GP Global where she was working as a Base Oil trader, and prior to GP, she was with ICIS China for 7 years as an independent market analyst.
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