Singapore branch of CMB pursuing claim against Sinfeng, alleging deceit and misrepresentation linked to trade financing extended to defunct bunker supplier Coastal Oil Singapore.
Former Shell Eastern Petroleum employee Richard Goh Chee Keong, who played a key role in the Shell MGO bunker heist at Pulau Bukom, was sentenced to...
Muhammad Kerry Adrianto Riza, the son of prominent oil businessman Riza Chalid, was handed a 15-year sentence for his role in a major corruption case involving...
Prosecutors have asked an Indonesian court to sentence Muhammad Kerry Adrianto Riza, the son of Riza Chalid, to 18 years in prison over his alleged role...
Prosecution presented text messages that it said show discussions between the accused about strategies to drive up the firm’s share price to help secure financing for...
Indonesia’s AGO reportedly named new suspects including the former Business Development Manager at PT Trafigura, the commodities group’s Indonesian subsidiary, who was only identified as “MH”.
Abdul Latif Bin Ibrahim and accomplices siphoned over 150,000 mt of gasoil worth at least USD 74 million from Shell Pukom between August 2014 and January...
Oil traders received notices, requesting them to assist the office of Indonesia’s Attorney General by providing answers on overall governance and past transactions, reports Bloomberg.
Three executives at units of state-owned oil and gas giant Pertamina were among seven suspects arrested in relation to a USD 12 billion crude oil corruption...
Lim Oon Kuin, also known as O.K. Lim, and his two children have agreed to pay USD 3.5 billion to the liquidators of the troubled oil...
