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by Bloomberg
|Wednesday, March 03, 2021
Executives from the top exporter of liquefied natural gas are jetting around the globe in a whirlwind bid to strike competitive deals with the fastest growing customers.
(Bloomberg) Executives from the top exporter of liquefied natural gas are jetting around the globe in a whirlwind bid to strike competitive deals with the fastest growing customers. They need to.
Qatar, the world’s largest producer of the fuel, last month approved a $29 billion plan to boost capacity at its LNG export facility by 64% this decade, and is now urgently seeking to lock-in contracts and undercut rival developers from the U.S. to Australia.
ExxonMobil (NYSE: XOM) has announced that it will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness.
ExxonMobil (NYSE: XOM) has announced that it will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness.
The company outlined that it expects around 300 positions will be impacted by the end of 2021, which it said represents approximately seven percent of ExxonMobil’s more than 4,000 employees in Singapore.
In a statement posted on its website, ExxonMobil noted that unprecedented market conditions resulting from the Covid-19 pandemic accelerated ongoing reorganization and work-process changes that will improve the company’s long-term cost competitiveness and ability to manage through near-term challenges.
BP (NYSE: BP) announced Tuesday that Peter Mather, the company's UK head of country and senior vice president for Europe, will ‎leave the business at.