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First Oil

CMED wins US$2,7m fuel suit

A private fuel supplier, First Oil, has been ordered to refund CMED US$2,7 million it received from the State-run transport entity for the supply of three million litres of diesel in a botched fuel deal, in which the High Court found both…
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$3m CMED scam sucks in bigwigs

The US$3 million CMED fuel scandal has sucked in National Oil Infrastructure Company and Petrotrade chief executive officers Messrs Wilfred Matukeni and Tanaka Sikwila amid revelations they lied that First Oil had three million litres of…
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