China’s CNPC breaks into Myanmar fuel retailing with Singapore brand

SINGAPORE/YANGON (Reuters) – China National Petroleum Corp is planning to open dozens of petrol stations in Myanmar, the first major foreign investor to enter the fast-growing Southeast Asian fuel market, as the state giant expands its retail oil business, company officials said. The investment, which could eventually reach tens of millions of dollars, follows a […]

Indian Oil planning to enhance fuel trade with Bangladesh, Myanmar

NEW DELHI: Indian Oil Corp, the nation’s largest refiner and fossil fuel retailer, in in talks with Bangladesh and Myanmar to enhance trade of petroleum products and offer its expertise to set up oil infrastructure in the two countries. This month, Indian Oil will open offices in Bangladesh and Myanmar, with a plan to closely […]