The Business Times

Big Oil

Opinion & Features

Big Oil will miss the financial discipline imposed by ESG

The continued corporate focus on deep-water drilling highlights that the risk appetite of major oil firms remains high.
Opinion & Features

Drill, baby, drill: Has Big Oil learnt anything from Deepwater Horizon?

The reclamation of Jurong Island in the 2000s created an integrated energy and chemicals cluster that now houses over 100 companies powering regional energy trade.
Opinion & Features
BRUNCH

From rubber roots to risk management: Singapore’s 60-year mastery of global trades

FILE PHOTO: Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo
Opinion & Features
THE BOTTOM LINE

Even Big Oil thinks Big Oil is too risky these days

The sites are coming up for sale as Big Oil faces shareholder pressure to trim portfolios to focus on assets with the best returns, while also offloading or cleaning up major polluting businesses like refineries.
Global Enterprise

Cash-rich energy traders are snapping up refineries from Big Oil

Singapore’s energy and chemicals sector accounted for one-third of EDB’s fixed asset investment commitments in 2023. The city-state's strategic location has allowed it to emerge a leading hub in the region for energy.
Companies & Markets

Singapore energy scene in no danger of shake-up even as oil giants rejig portfolios: observers

Last year, BP said its carbon emissions would not fall as quickly as anticipated, as it posted record annual profit thanks to soaring oil and gas prices.
ESG

No oil and gas majors aligned with climate targets: report

Market watchers said oil giants ExxonMobil and Chevron have put in place “very large premium-priced deals” for their respective acquisition targets. 
ASEAN Business

Big Oil mergers could trigger more deals, consolidation in South-east Asia crude sector

Contrary to their rhetoric, the actual behavior of the oil companies suggests either they do not believe a low-carbon transition will occur or they won’t be as profitable if it does.
Opinion & Features

Behind all the talk, this is what Big Oil is actually doing

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