Showing 1 - 10 of 19
Bangchak Corporation Thrives in 2023, Paving the Way to 40th Year
Published on 13/12/2023
» Bangchak Corporation Public Company Limited reflects its success in 2023 after becoming the major shareholder in Bangchak Sriracha Co., Ltd. It has risen to the forefront of the international energy business with strength through the integration of synergy and the development of a platform for growth for sustainability, accessibility, and energy security. The company is also moving towards a low carbon society to achieve the goal of net zero greenhouse gas emissions by 2040.
Bangchak Sriracha Refinery Welcomes Inaugural Suezmax Oil Tanker
Published on 11/12/2023
» On December 8, 2023, the Bangchak Sriracha Refinery welcomed the "Nordic Pollux" oil tanker, a 180,000-ton Suezmax vessel, for the first time to deliver approximately 950,000 barrels of Que Iboe crude oil. This procurement was made by BCP Trading Company Limited, a subsidiary of Bangchak Sriracha Public Company Limited within the Refinery and Oil Trading Business Group. The vessel docked at the Company’s Multi-Buoy Moorings, which underwent prior ARIANE™ Mooring Simulation and Analysis to ensure compliance with standard safety requirements and efficient accommodation of Suezmax oil tankers.
UOB Funds Bangchak Group's Green Energy Transition in Thailand
Published on 06/11/2023
» United Overseas Bank (UOB) has proudly extended its financial support to Bangchak Corporation Public Company Limited as the company expands its presence in Thailand with a forward-looking commitment to pioneering sustainable energy through the use of low-carbon fuels.
Gastech unveils 2023 strategic conference programme, high-level keynote speakers
Published on 09/08/2023
» Global energy experts convening in Singapore for Gastech 2023 will include CEOs, company presidents, and executive chairs of high-level international energy businesses and organisations, including Baker Hughes, ExxonMobil, GAIL, Shell, SKK Migas, JERA, Petronas and PetroChina International.
ACME-Worawat Ventures into Global Market with $300 Million Investment in UAE
Published on 29/06/2023
» Worawat Narknawdee, a renowned fintech tycoon, has invested $300 million in the UAE and formed a partnership with the global company TransEuro Group as a consultant.
IRPC to sell A-rating bonds and digital bonds with 3.20%-4.40% yields
Published on 07/04/2023
» IRPC Public Company Limited (IRPC) is set to launch and offer bonds and digital bonds to general investors and institutional investors through nine financial institutes in May 2023. The bonds have been rated A-(tha) by Fitch Ratings (Thailand), reflecting confidence and recognition of IRPC as a company that innovates and utilizes materials and energy with the aim to strengthen current businesses and move forward to penetrate new businesses while helping create a green society.
China's strong economy drives global oil consumption
Published on 27/03/2023
» Entering 2023, the price of crude oil is stable slightly lower than last year, the Russia-Ukraine war continues into the 2nd year, and China has returned to open the country which tends to increase oil demand. However, what affects the price of oil is not just the fundamental factors of oil production or consumption, but also economic and financial aspects that are linked to fund flows. At present, investors are concerned about the monetary policy of the Federal Reserve (Fed) that if the policy rate is raised higher for longer than expected, it will cause a sell-off of risk assets including oil. From December 2022 until now, the price of ICE Brent crude oil has never moved above $90 per barrel, compared to last year when the price exceeded $100 per barrel from March-August 2022 and even exceeded $128 per barrel for a while.
Taiwan Excellence Presents: Driving a New Revolution with Thailand in Smart Medical Solutions
Published on 05/09/2022
» Thailand’s medical device imports from Taiwan have risen significantly in the last few years. To encourage more cooperation between Thailand and Taiwan in the medical care industry,
PTT and PTTEP sign agreement to collaborate on Oman crude oil to ensure Thailand's energy security
Published on 19/05/2022
» Mr. Auttapol Rerkpiboon, President and Chief Executive Officer of PTT Public Company Limited (PTT), presided over the signing ceremony of the Sale and Purchase Contract of Oman Crude between PTTT and PTTEP Oman E&P Corporation (POC) and PTTEP MENA Limited. The contract was signed by Mr. Disathat Panyarachun, Senior Executive Vice President, International Trading Business Unit, PTT, and Mr.Montri Rawanchaikul, Chief Executive Officer, PTT Exploration and Production Public Company Limited (PTTEP). Mr. Kris Imsang, Chief Operating Officer, Downstream Petroleum Business Group, PTT, also witnessed the signing ceremony.
PTT and Aramco deepen energy cooperation in Thailand
Published on 14/05/2022
» PTT and Aramco deepen energy cooperation in Thailand