Big Oil in transition: ExxonMobil to stick with S’pore through ‘ups and downs’, says top exec

Ms Geraldine Chin, chairman and managing director of ExxonMobil Asia Pacific, said the company's investments in Singapore are for the long term. PHOTO: LIANHE ZAOBAO FILE
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SINGAPORE – ExxonMobil has been growing its business in Singapore while working on reducing its carbon footprint and helping others to do so.

The American energy giant, which celebrates 130 years of operations in Singapore in 2023, said its multibillion-dollar Resid Upgrade project for producing lubricant base stocks is on track for planned start-up in 2025.

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