Company News

The Deepest Condolences on the Death of Mr. Ian Taylor My Life Coach and My Friend for Over 30 Years

2020.06.08

Thirty-three years ago, when I was at the starting point of my career, I was very lucky to have met Mr. Taylor in London. I was so moved by his sincerity in our friendship, trust, and encouragement, and I respected his extraordinary vision and passion. Our shared values and aspirations hence led Mr. Taylor and me, and Fortune and Vitol together for over thirty years of entrepreneurship and development. Sharing the same belief in investing in China’s energy market, Mr. Taylor and I, in the early 90s, started our first cooperation –– the Single Point Mooring System (‘SPM’) project in Maoming, which was a meaningful milestone. After that, Fortune Oil was established and then listed in London, became the first batch of foreign investment companies in China’s energy market. In 1987, Fortune Oil was the first company that brought crude oil into China. Under the reform and opening up of China, Fortune Oil gained remarkable achievements in its business and made an impressive contribution to the Country’s energy development with our partners in China.

Over the past 30 years, Mr. Taylor and I were like-minded true friends. I was grateful that his passion for career, resistance and humility benefited my life. At all times of the development of Fortune Oil, Mr. Taylor was always the Director of the Company and the key influencer to the strategic positioning of Fortune Oil. Vitol, led by Mr. Taylor, has been the most important shareholder and strategic partner of Fortune Oil.

I will always remember the last time I met him at the hospital. Despite that he was suffered by illness and could no longer able to talk, he wrote his last advice to me: “Never Give Up”, and encouraged me with his clenched fist… This unforgettable memory will always admonish me for facing difficulties and challenges with positivity, optimism, and resilience, today and in the future.

I hope this message will extend my deepest gratitude and sympathy on the occasion of the death of my life coach and my true friend Mr. Taylor.

Daniel Tatjung CHIU
Chairman of Fortune Oil Limited