AGP Executive Report
Last update: 10 hours agoHengyi Expansion: Honeywell will provide technology and engineering support for Phase II of Hengyi Industries’ Pulau Muara Besar project, which is expected to lift the complex’s crude-processing capacity to about 20 million tonnes a year. US Travel: Brunei citizens are among nationals of 42 countries eligible to visit the United States for business or tourism without obtaining a visa in advance. Economic Diversification: Brunei’s non-oil and gas sector grew to 55% of GDP in 2025, up from 46% in 2015, while non-oil and gas goods rose to 60% of exports, the economy minister said. Trade Ties: Brunei and India reviewed ways to expand trade, including food exports, and identified pharmaceuticals, healthcare and energy as areas for closer cooperation. Oil Trade: A research group says refineries in Brunei, India and Türkiye together shipped €1 billion in oil products to countries sanctioning Russia in September; it estimated €295 million of the total was made from Russian crude.
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