The oil and gas industry will continue to dominate Brunei's economy, with substantial contributions anticipated from the ...

His wealth is derived from Brunei's oil reserves, enabling him to lead an extravagant lifestyle with a grand palace, private jet, and luxury celebrations, such as Michael Jackson's exclusive concert.

In March 2021, Brunei and Petronas formalised a unitisation agreement for the GKGJE fields, designating SSPC as the unit ...

Noble Corporation plc NE has been awarded an offshore drilling campaign in Southeast Asia by Shell plc’s SHEL subsidiary Brunei Shell Petroleum ... combined with the favorable oil price ...

Brunei's gross domestic product (GDP) growth rate declined by 2.2 per cent year-on-year. This was due to a decrease in the oil and gas sector by 5.3 per cent. The non-oil and gas sector ...

BANDAR SERI BEGAWAN, April 21 (Xinhua) -- Brunei's economic growth is forecast at 2.6 percent in both 2025 and 2026, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

In its Economic Outlook for 2025, Brunei's Centre for Strategic and Policy Studies said the downstream oil sector is expected to accelerate, boosting its contribution to growth and exports, ...