ExxonMobil keeps focus on getting fundamentals right

Singapore

WITH oil prices on a sharp downtrend over the past few months, it is a challenging time for ExxonMobil's manufacturing business in Singapore. Despite this, the firm's focus is not on where oil is headed, but on running its operations as well as it can.

"We're not in the business of predicting when the bottom of the cycle will take place, or where prices will go," the oil giant's new Singapore chairman Gan Seow Kee said in an interview with The Business Times.