(EnergyAsia, August 15, Friday) — Singapore-listed marine fuels trader and storage company Chemoil has reported a net profit of US$22 million for the second quarter, up sharply from US$660,000 for the same period last year. Remarkably, the company suffered derivative losses of US$122 million in the April-June quarter that was more than offset by increased…

This article is for Subscriber members only.
Log In Register