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This was due to tight global refining capacity and continued strong demand for energy to fuel economic growth especially from China, India, the Middle East and Russia.
Singapore Petroleum Co Ltd (SPC) is a Singapore-based company. The principal activities of the Company consist of exploring, developing and producing oil and gas, petroleum refining, marketing, distribution and trading of crude oil and petroleum products and the provision of administrative support services. In line with the Vision “To Be Strong Integrated Oil and Gas Company”, the group has further invested in oil and gas producing assets, while developing the existing acreages...
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