BT EXCLUSIVE: OIL SECTOR RESET

OIL majors are cutting jobs in traditional business segments as they move to cleaner energy, and their downstream suppliers will follow suit.

EVEN with a change in the energy sector's skill needs and job scopes, the reliance on foreign workers to fill low-wage, manual roles is unlikely to change in the near term.

THE chairman and managing director of ExxonMobil Asia Pacific, Gan Seow Kee, will retire on Jan 1 next year after more than four decades with the company.

[JOHANNESBURG] ExxonMobil and Total are in negotiations over their massive LNG (liquefied natural gas) projects in Mozambique, with each seeking to extract more gas from a shared field that...

[JAKARTA] Indonesia would need to subsidise the coal-derived substitute that it has hung its hopes on to reduce its import bill for liquefied petroleum gas (LPG), industry experts told Asia's...

[SINGAPORE] Oil tycoon Lim Oon Kuin, founder of troubled Singaporean oil trader Hin Leong, denied allegations by the company's biggest creditor that he used forged documents to obtain financing....

[DUBAI] The United Arab Emirates is boosting investment to make good on pledges to increase output capacity, even as it struggles against Opec+ (Organization of the Petroleum Exporting Countries)...

[BENGALURU] If US President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use "every tool at its disposal"...

[JEDDAH] Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen's Houthi group on a petroleum products distribution plant in Jeddah,...

[HOUSTON] Royal Dutch Shell may begin the permanent shutdown of its 211,146 barrel per day (bpd) Convent, Louisiana, refinery early next week, people familiar with plant operations said on Monday...