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Search Result for “economic crisis”

Showing 1 - 10 of 48

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GENERAL

Enhancing the nation's oil security

Business, Yuthana Praiwan, Published on 18/07/2024

» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.

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BUSINESS

PTTEP grabs 2 new licences in Gulf

Business, Yuthana Praiwan, Published on 08/03/2023

» PTT Exploration and Production Plc (PTTEP) was awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, a move that should pave the way for more domestic oil and gas supply to strengthen the country's energy security.

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BUSINESS

PTTEP wins 2 new licences in Gulf

Yuthana Praiwan, Published on 07/03/2023

» PTT Exploration and Production Plc (PTTEP) has been awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, which should pave the way for more domestic oil and gas supply to strengthen the country’s energy security.

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BUSINESS

Thailand seeks ways to navigate worsening global crisis

News, Yuthana Praiwan, Published on 20/07/2022

» A special committee and sub-committee have been set up to help steer government efforts in mitigating the impacts of worsening global economic conditions on Thailand.

BUSINESS

OR looks to startups, SMEs to raise Ebitda

Business, Yuthana Praiwan, Published on 13/07/2022

» PTT Oil and Retail Business Plc (OR) expects to achieve a target to have earnings before interest, tax, depreciation and amortisation (Ebitda) at a rate of 50% from partnerships with startups and small and medium-sized enterprises (SMEs) within 2030 under an inclusive growth concept.

BUSINESS

Four firms eye petroleum licence auction

Business, Yuthana Praiwan, Published on 03/06/2022

» Four companies -- two of which are Thai -- are interested in participating in an auction for new petroleum exploration and production licences in the Gulf of Thailand, part of the state's efforts to increase domestic gas supply, says the Department of Mineral Fuels (DMF).

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BUSINESS

New oil drilling licences set to be offered for Gulf sites

Business, Yuthana Praiwan, Published on 10/02/2022

» Authorities are planning to call for bids for new petroleum exploration and production licences in the Gulf of Thailand this April after a delay of 15 years, according to the Department of Mineral Fuels.

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BUSINESS

FPT offers pipeline service

Business, Yuthana Praiwan, Published on 25/09/2021

» Fuel Pipeline Transportation Co (FPT), an arm of Bangkok Aviation Fuels Service Plc, has offered to send oil through its pipeline from Ayutthaya to Lampang to replace oil trucks and help reduce carbon dioxide emitted by vehicles during transport.

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BUSINESS

Moving towards a cleaner future

Business, Yuthana Praiwan, Published on 27/05/2021

» The state's 20-year effort to promote renewable resources for power generation along with the use of biofuels for cars might draw praise and raise awareness amongst people about clean energy but it is not enough for Thailand to meet more ambitious goals.

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BUSINESS

Fuel consumption falls 13%

Business, Yuthana Praiwan, Published on 08/12/2020

» Thai fuel consumption in the first 10 months of this year contracted 13% due to the economic recession, according to the Department of Energy Business (DOEB).