News National Business News National Business CSPS: Gov’t faces tough budget decisions amid lower oil revenue The think tank warns that holding back on spending will harm economic growth October 27, 2020 BANDAR SERI BEGAWAN – Difficult choices loom for the Brunei government on cutting spending or introducing new taxes to balance its budget in…
News National News National Brunei seeks to fill 13,000 skilled jobs in next five years The Manpower Planning and Employment Council sets up working groups that will identify in-demand jobs across five industries August 11, 2020 BANDAR SERI BEGAWAN – Brunei will need 13,000 skilled workers in the energy and construction industries over the next five years, said the…
News National Business News National Business Brunei economy grew 2.4% in first quarter amid pandemic Strong showing in the downstream sector contributed to rise in export earnings despite airline industry woes July 16, 2020 BANDAR SERI BEGAWAN – Strong growth in the downstream sector has offset major revenue losses in the airline industry as Brunei’s economy expanded…
News National Business News National Business BSP to complete construction of solar park by 2021 The oil and gas company will install 7,000 solar panels to power its Seria head office July 13, 2020 BANDAR SERI BEGAWAN – Brunei Shell Petroleum (BSP) has began construction of its 3.3 MWp utility-scale solar photovoltaic (PV) park on Friday, which…
News National News National Gov’t forms new regulatory body for oil and gas industry Petroleum Authority of Brunei Darussalam to shape development of long-term energy security, says energy ministry April 22, 2020 BANDAR SERI BEGAWAN – The government has formed a new regulatory body for the oil and gas industry called Petroleum Authority of Brunei…
News World Business News World Business Saudi oil supply hits record as price war rages with Russia Global oil glut deepens as Saudi Arabia ups exports April 2, 2020 RIYADH (AFP) – Saudi Arabia boosted crude oil supply to record levels Wednesday, with state giant Aramco offering 18.8 million barrels on a single…
News National News National Smart utility meters to be installed in all households The new prepaid meters allow consumers to track their energy and water consumption in real time February 28, 2020 BANDAR SERI BEGAWAN – Over 200,000 homes and commercial buildings will be installed with smart electricity and water meters over the next five…
Sponsored Content Sponsored Content BSM: 60 years of serving the community With 36 retail stations across Brunei, BSM is investing in technology to improve operations February 17, 2020 BANDAR SERI BEGAWAN – Brunei Shell Marketing (BSM) has come a long way since it began its operations as Shell Marketing Company of…
News National Business News National Business Brunei exports first shipment of hydrogen to Japan The sultanate is also studying the possibility of using hydrogen as fuel for its transport sector November 27, 2019 BELAIT – Brunei has begun exporting hydrogen, with the first shipment targeted to reach Japan’s city of Kawasaki on December 15. Produced from…
News National News National Energy companies unite to fight corruption Whistleblowers have been credited for reporting recent corruption cases in oil and gas industry November 26, 2019 BRUNEI-MUARA – More companies have joined the Brunei Energy Industry Integrity Pact to unite against corruption in the industry’s business dealings. Twenty-two members…