The Board of Directors of Chemoil Energy announced that the company’s CEO and Executive Chairman, Robert V Chandran passed away January 7, 2008 from injuries sustained when a helicopter he was traveling in crashed in the Riau Province of Indonesia. In the aircraft with Chandran was Terence Gidlow, Chemoil’s Vice President of Business Development, who was injured but is in stable condition. Chandran built Chemoil Energy into one of the world’s leading independent suppliers of marine fuels since he founded the company in 1981.