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Search Result for “petroleum”

Showing 1 - 10 of 4,094

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INVESTMENT

Middle East war threatens to pummel Thai stocks

Nuntawun Polkuamdee, Published on 17/06/2025

» The intensifying conflict between Israel and Iran is raising concerns over prolonged instability in the Middle East, with Daol Securities (Thailand) warning of ripple effects across global stock markets.

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GENERAL

Thais reassured about oil supplies after strikes on Iran

Yuthana Praiwan, Published on 13/06/2025

» Thailand has sufficient oil for 60 days of use as concern over energy supply disruptions grows following Israel’s attacks on Iranian nuclear sites, the Department of Energy Business said on Friday.

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GENERAL

Thailand's refiners adjust to clean energy

Business, Published on 13/06/2025

» Thailand's refining industry is adapting to evolving market dynamics influenced by clean fuel policies. The industry has undergone structural changes due to mergers and acquisitions that have altered refiners' long-term business strategies amid changing dynamics in both domestic and regional markets.

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WORLD

Scientists in Japan develop plastic that dissolves in seawater within hours

Reuters, Published on 04/06/2025

» WAKO, Japan - Researchers in Japan have developed a plastic that dissolves in seawater within hours, offering up a potential solution for a modern-day scourge polluting oceans and harming wildlife.

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GENERAL

Part of debt-ridden Oil Fuel Fund posts positive reading

Business, Yuthana Praiwan, Published on 04/06/2025

» The State Oil Fuel Fund, once riddled with huge debts after heavily subsidising oil and gas prices, has seen a shift from red to black ink in its oil account, thanks to decreasing global oil prices, said a source at the Energy Ministry.

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GENERAL

Siam Gas and Petrochemical anticipates 10% growth in sales

Business, Yuthana Praiwan, Published on 02/06/2025

» SET-listed Siam Gas and Petrochemical (SGP), Thailand's second-largest liquefied petroleum gas (LPG) trader, expects sales to grow by 10% this year, improving revenue, though earnings and profit fell in the first quarter.

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GENERAL

Dubai opens trade office in Thailand

Business, Boonsong Lipimas, Published on 31/05/2025

» The Dubai International Chamber has inaugurated its 36th international representative office in Bangkok.

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THAILAND

PTTEP, Oman Extend Block 53 Concession to 2050 

Published on 30/05/2025

» Mr Montri Rawanchaikul (far left), Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP), together with H.E. Salim bin Nasser Al Aufi (centre), Oman’s Minister of Energy and Minerals; Ms Vicki Hollub (second from left), President and Chief Executive Officer of Occidental Petroleum; Mr Ashraf Al Mamari (second from right), Group Chief Executive Officer of OQ; and Mr Rashed Al Blooshi (far right), Director of Non-Operated Assets at Mubadala Energy, have signed a memorandum of understanding to extend the production sharing contract for the Oman Block 53 project until 2050. 

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GENERAL

Pilatus Marine forecasts 15-20% uptick in income

Business, Yuthana Praiwan, Published on 29/05/2025

» Greater demand for liquefied petroleum gas (LPG) and olefin gas is expected to increase the revenue of MAI-listed Pilatus Marine, Thailand's largest LPG transport service provider, by 15-20% this year despite global economic uncertainties.

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GENERAL

OPEC+ expected to open taps more despite price slump

AFP, Published on 26/05/2025

» LONDON - Despite oil trading low at $60, OPEC+ this week is expected to continue to further open the taps.