Most oil firms plan same or bigger bonuses this year despite oil price plunge


Only about 30% of North American oil firms will pay larger bonuses this year compared to 66% in Asia-Pacific. The AFP pic shows an oil field in the Central Valley of California.

KUALA LUMPUR: Notwithstanding the plunge in oil prices last year, nearly all global oil and gas (O&G) companies expect to pay about the same, if not larger, bonuses this year.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Seeking value in Malaysia’s tech rally
Clearing the air on accountability
‘Prepare for lending’
From crime cache to auction
Genting downgraded again amid rising leverage
Malaysia’s bonds brace for bumpy ride
IHH says Fortis acquisition delays caused losses amid Daiichi Sankyo dispute with debtors
PETRONAS, Jogmec strengthening collaboration via master agreement
Malaysia Smelting gets nod to resume Rahman Hydraulic Tin operations
Hextar Industries RM177.48mil Woodpeckers deal falls through

Others Also Read