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Search Result for “CFP”

Showing 1 - 10 of 25

BUSINESS

Thai Oil considers change in contractors

Business, Yuthana Praiwan, Published on 24/12/2024

» Thai Oil Plc, the country's largest oil refinery by capacity, will consider changing the contractors of its new oil refinery under the Clean Fuel Project (CFP) if the ongoing dispute over unpaid wages for construction workers cannot be settled, causing a further delay of the project.

BUSINESS

Thai Oil sinks additional $1.7bn into new refinery

Business, Yuthana Praiwan, Published on 23/12/2024

» Thai Oil Plc, the country's largest oil refinery by capacity, aims to allocate an additional US$1.7 billion (63 billion baht) to support the development of a new oil refinery in Chon Buri's Si Racha district under the Clean Fuel Project (CFP), which is near completion.

BUSINESS

TOP pushing for resolution of dispute

Business, Yuthana Praiwan, Published on 31/10/2024

» Thai Oil Plc (TOP), the country's largest oil refinery by capacity, is requesting the parent firms of construction companies working on the Clean Fuel Project (CFP) to settle the months-long delay on wage payments to construction workers, which led to protests at the refinery in Chon Buri.

BUSINESS

Thai Oil expects crude price to stabilise

Business, Yuthana Praiwan, Published on 11/06/2024

» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.

BUSINESS

Oil refineries to roll out Euro5 diesel

Business, Yuthana Praiwan, Published on 09/01/2024

» Local oil refineries expect to successfully market their new environmentally friendly diesel that meets the Euro5 environmental emission standard, which took effect on Jan 1, says the Federation of Thai Industries (FTI).

BUSINESS

TOP allots $1bn capex to support growth

Business, Yuthana Praiwan, Published on 09/03/2023

» Thai Oil Plc (TOP), the country's largest oil refinery by capacity, plans to allocate capital spending worth US$1 billion to grow its businesses between 2023 and 2025, with half the budget going to the Clean Fuel Project (CFP).

BUSINESS

Thai Oil allots $1 billion for expansion

Yuthana Praiwan, Published on 08/03/2023

» Thai Oil Plc (TOP), the country’s largest oil refinery by capacity, plans to allocate capital spending worth US$1 billion to expand its businesses between 2023 and 2025, with half the budget going to the Clean Fuel Project (CFP).

BUSINESS

Thai Oil preps last CAP tranche

Business, Yuthana Praiwan, Published on 01/04/2022

» Thai Oil Plc (TOP), Thailand's largest oil refinery by capacity, expects to make the last payment of its share purchase in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, early next year.

BUSINESS

PTT acquires stake in Chandra Asri

Business, Yuthana Praiwan, Published on 31/07/2021

» National oil and gas conglomerate PTT Group has acquired a 15.38% share in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, for US$1.183 billion (39.1 billion baht) to tap into the growing petrochemical market in Southeast Asia.

BUSINESS

TOP looks to high-quality products

Business, Yuthana Praiwan, Published on 23/06/2020

» Thai Oil (TOP), an oil refinery arm under PTT, hopes high-quality products from a new refinery complex, the Clean Fuel Project (CFP), can strengthen competitiveness and better deal with oil price fluctuation.