Hong Kong: Hong Kong-based Brightoil Petroleum has suspended operations in Geneva and Rotterdam to reduce costs.
Following the temporary suspension, the company will reallocate some of the traders to Singapore as part of a streamlining of business, minimizing operational costs and focusing on Asia, a spokesperson from the PR department of the company said.
The company’s Tokyo location was also suspended earlier this month. [06/12/13]
RELATED STORY:
