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  • BUSINESS

    Smooth sailing for Mermaid in offshore oil business

    Business, ShareInvestor, Published on 07/11/2014

    » Mermaid Maritime Plc, a provider of subsea and drilling services for the offshore oil and gas industry, is a subsidiary of Thailand-based shipping group Thoresen Thai Agencies Plc (TTA). Mermaid has been listed on the Singapore Exchange since 2007. Chalermchai Mahagitsiri, executive vice-chairman and chief executive, discusses his company's strategy and outlook.

  • WORLD

    At least 15 killed in illegal Indonesia oil well fire

    AFP, Published on 25/04/2018

    » BANDA ACEH, Indonesia: At least 15 people have been killed and dozens more injured in a huge blaze at an illegal oil well in Indonesia, authorities said Wednesday.

  • BUSINESS

    Palm oil revival

    Asia focus, Nareerat Wiriyapong, Published on 11/01/2016

    » Asean palm oil producers are poised to benefit from a price rebound that could be sustained throughout 2016, as dry conditions linked to El Nino curb palm production while demand surges from fuel producers for palm-based biodiesel.

  • BUSINESS

    Pocketbook pain

    Asia focus, Published on 07/09/2015

    » Global oil price volatility has taken its toll on governments around the world, especially those relying on oil exports, but the impact on individuals and households who depend on the petrodollar for their livelihood has been no less acute.

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