FSM to sell discounted fuel to fishermen; credit available

Under the credit scheme, fishing vessels will get 15 days to pay for the fuel.

4 January 2023

2 FSM barges on maiden voyage from Egypt held in Eritrea

"It's not easy to get in touch with them, it's a little tricky. But the vessel is located through the tracker," Gasam said.

17 May 2023

FSM ship's crew released from Eritrea; boats seized

The crewmen are in good health.

8 June 2023

Audit says MPL lost oil worth MVR 28 million to fraud

The audit report reveals that MPL's procurement department played a major role in the corruption.

6 October 2022

Fishermen to get fuel at discounted rate from Hulhumale

Fuel will be sold at MVR 17.63 per litre

29 November 2022

FSM fires over 40 staff amid oil theft, laundering scandal

FSM’s internal investigation revealed significant breaches of trust and misconduct by employees who were reportedly involved in selling oil unlawfully.

3 December 2024

FSM chief denies graft allegations amid doc disposal row

Gasam said on X that a group of people on social media were indulging in widespread "cowardly acts" to incite people to doubt.

25 October 2023

STO posts MVR 819 million net profit for last year

STO says it is working to further strengthen the company by giving priority to its core businesses.

31 January 2024