Showing 1 - 6 of 6
PTTEP hopes to access Erawan next month
Business, Yuthana Praiwan, Published on 17/12/2021
» PTT Exploration and Production Plc (PTTEP) expects to be able to enter the disputed Erawan gas field in January next year, assuming months-long talks on site access can be concluded within December.
PTTEP speeds exploration of Montara offshore block
Business, Lamonphet Apisitniran, Published on 14/02/2017
» PTT Exploration and Production Plc (PTTEP), the only SET-listed upstream petroleum company, is accelerating its exploration and production plan for Australia's Montara offshore block to capitalise on rising oil prices.
Woodside powers up
Asia focus, Erich Parpart, Published on 05/12/2016
» Myanmar is the centre of attention for Woodside Energy following the Australian company's discovery of gas off the coast of Rakhine state last year. It is now preparing to invest around 25-30% of its exploration budget in Southeast Asia to help realise the potential of the region.
Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
Chevron Thailand slims down as low oil prices bite
Asia focus, Nareerat Wiriyapong, Published on 16/05/2016
» Low oil prices have begun to take their toll on petroleum exploration and production (E&P) companies in Asia, with US-based Chevron Corp preparing to cut jobs at its Thai operations as part of the company's global headcount reduction of 4,000 this year.
Mixed prospects
Asia focus, Published on 26/01/2015
» Thai companies that have been considering regional expansion are going against the global trend of budget cuts in the oil and gas industry by preparing to actively pursue possible merger and acquisition opportunities that may arise.