Showing 1 - 10 of 96
PTTEP stake in Myanmar gas field rises after Chevron exit
Published on 09/04/2024
» WASHINGTON - The US energy company Chevron has quit the Yadana natural gas field in Myanmar, a spokesperson said, more than two years after it condemned violence and human rights abuses in the military-run country and announced it would leave.
US imposes sanctions on lucrative Myanmar state oil firm
Bloomberg News, Published on 01/11/2023
» YANGON - The United States announced sanctions against the Myanmar junta’s most lucrative state-owned enterprise, one of Washington’s most significant moves yet to curtail the military regime’s access to easy cashflow to buy weapons.
Asian shares slide, SET falls on weak GDP data
Business, Nuntawun Polkuamdee, Published on 18/02/2023
» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.
PTTEP sees 2023 sales at new high
Business, Yuthana Praiwan, Published on 08/02/2023
» PTT Exploration and Production Plc (PTTEP) expects its sales of oil and gas this year to reach a new high of 470 kilo barrels of oil equivalent per day (KBOED), driven by gas supply from the Erawan field in the Gulf of Thailand.
PTTEP expects sales record in 2023
Yuthana Praiwan, Published on 07/02/2023
» PTT Exploration and Production Plc (PTTEP) expects its sales of oil and gas this year will reach a new high of 470,000 barrels of oil equivalent per day (boed), driven by gas supply from the Erawan field in the Gulf of Thailand.
Norwegian fund dumps PTT over rights concerns
Published on 16/12/2022
» Norway’s sovereign wealth fund has dropped the Thai energy conglomerate PTT Plc from its portfolio because of concerns that its activities in Myanmar could fund human-rights abuses.
Myanmar makes $800m from April-July gas exports
Reuters, Published on 25/08/2022
» Military-ruled Myanmar earned US$800 million from natural gas exports mainly to China and Thailand between April and July, the junta said in the state newspaper on Thursday.
PTTEP quitting Yetagun gas field in Myanmar
Published on 30/04/2022
» PTT Exploration and Production Plc (PTTEP) of Thailand and Petronas of Malaysia say they are withdrawing from the Yetagun natural gas project in coup-hit Myanmar.
Myanmar plans energy investments, struggles with power outages
Reuters, Published on 21/04/2022
» Myanmar's junta government plans to increase investment in the energy sector, seeking to shore up the supply of power as the country grapples with lengthy daily blackouts, its information minister said on Thursday.
Rates, oil and Ukraine keep investors guessing
Business, Published on 19/03/2022
» Recap: Global stock markets were muted yesterday as investors digested rising interest rates, a new upturn in oil prices and results from peace talks between Russia and Ukraine.