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brightoil petroleum holdings (933) Snapshot

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brightoil petroleum holdings (933) Details

Brightoil Petroleum (Holdings) Limited, a resource based energy company, focuses on upstream oil and gas resources exploration. The company primarily engages in the exploration, development, and production of upstream oil and gas fields; marine transportation; oil storage and terminal facilities; e-commerce; and international trading and bunkering businesses. It operates five very large crude carriers, four Aframax oil tankers, and three bunker barges with an aggregate capacity of approximately two million metric tons. The company provides marine bunkering services in China and internationally. Its tradable range of products includes fuel oil, crude oil, and gas oil, as well as petrochemical and related petroleum products. Brightoil Petroleum is also involved in property and investment holding; investment in listed and unlisted equity and debt securities; and service business. The company was formerly known as First Sign International Holdings Limited and changed its name to Brightoil Petroleum (Holdings) Limited in September 2008. Brightoil Petroleum (Holdings) Limited is headquartered in Hong Kong, Hong Kong.

290 Employees
Last Reported Date: 10/15/15

brightoil petroleum holdings (933) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $3.7M
Chief Financial Officer, Company Secretary, E...
Total Annual Compensation: $4.2M
Executive Director
Total Annual Compensation: $4.2M
Executive Director
Total Annual Compensation: $704.0K
Compensation as of Fiscal Year 2015.

brightoil petroleum holdings (933) Key Developments

Brightoil Petroleum Holdings Limited Provides Preliminary Unaudited Consolidated Earnings Guidance for the Six Months Ended December 31, 2015

Brightoil Petroleum Holdings Limited provided preliminary unaudited consolidated earnings guidance for the six months ended December 31, 2015. For the period, the company expects to record a significant loss as compared to a profit for the corresponding period of the previous year. Loss was mainly attributable to voluntary impairment of Caofeidian oilfields in China as a result of the significant drop of and the continuously low international crude oil price.

Brightoil Petroleum Holdings Limited Approves Final Dividend for the Year Ended June 30, 2015

Brightoil Petroleum Holdings Limited at its AGM held on November 23, 2015, approved a final dividend of 2 HK cents per share of the company for the year ended 30 June 2015.

Brightoil Petroleum Holdings Limited Recommends Final Dividend for the Year Ended June 30, 2015, Payable on or before December 15, 2015

Brightoil Petroleum Holdings Limited announced that the board recommended the payment of a final dividend of 2 HK cents (for the year ended 30 June 2014: Nil) per share for the year ended 30 June 2015. Subject to the Shareholders' approval at the 2015 AGM, approximately HKD 203,130,000 will be payable on or before 15 December 2015 to the Shareholders whose names appear on the register of members of the company on 30 November 2015.


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