The Business Times
business-time-50
SUBSCRIBERS

How the oil industry plans to please investors

google-preferred-sourceAdd BT as a preferred source
Published Thu, Feb 4, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    THE world's largest oil companies have a plan to weather the worst market in over a decade: borrow more money.

    Major oil companies faced with the lowest crude prices since 2003, capital spending budgets with little left to cut, and strong commitments to their dividends will have to take on billions in debt this year as they await a market rebound.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

    Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

    Loyang Valley sold for S$880 million to SingHaiyi-led consortium

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More