oil storage

Latest news and articles about oil storage from NEX English

Indonesia Announces New Regulations to Support Oil Storage Sector

Indonesian Finance Minister, Sri Mulyani Indrawati, has unveiled plans for new regulations to support the Floating Storage Unit (FSU) and bunkering sector, aiming to enhance the competitiveness of the local economy. This initiative responds to the challenges faced by companies in this field.

Investigate illegal oil storage by P.C. Siam Petroleum in Thailand

The Department of Special Investigations in Thailand has summoned P.C. Siam Petroleum in Surat Thani to clarify allegations of illegal oil storage. This move follows directives from Prime Minister Anutin Charnvirakul to monitor the oil market closely.