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Search Result for “Sanctions”

Showing 1 - 10 of 26

BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

BUSINESS

Tasco banks on premium-grade asphalt

Business, Yuthana Praiwan, Published on 21/05/2025

» Stronger competition in the Asian asphalt market is causing Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, to focus more on making premium-grade asphalt to earn more revenue and avoid a price war.

BUSINESS

PTT report sees oil prices decreasing

Business, Yuthana Praiwan, Published on 29/01/2025

» Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by national oil and gas conglomerate PTT Plc.

BUSINESS

Tasco sees performance improving in rest of year

Business, Yuthana Praiwan, Published on 10/09/2024

» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects a better business performance in the last two quarters of this year, following a drop in revenue in the first half.

BUSINESS

Various factors hurt Tasco's Q1 earnings

Business, Yuthana Praiwan, Published on 22/05/2024

» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

BUSINESS

Tasco looking to Venezuelan crude oil

Business, Yuthana Praiwan, Published on 21/11/2023

» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects to resume buying inexpensive heavy crude oil from Venezuela to deal with the company's raw material constraints, following the easing of trade sanctions imposed by the US on the Latin American country.

BUSINESS

PTTEP to sell Australian gas field in 2023

Business, Yuthana Praiwan, Published on 23/01/2023

» PTT Exploration and Production Plc (PTTEP) is continuing to refocus its investments on new petroleum sites, with the latest plan to sell the Cash and Maple gas and condensate field in Australia.

BUSINESS

Oil Fund mulls second B30bn loan

Business, Yuthana Praiwan, Published on 05/01/2023

» The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.

BUSINESS

Oil fund considering second B30bn loan

Yuthana Praiwan, Published on 04/01/2023

» The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.

BUSINESS

PTT sets out stance on Myanmar after fund exit

Business, Yuthana Praiwan, Published on 23/12/2022

» PTT Group has clarified its stance on Myanmar, after a major investment fund decided to divest shares of PTT Plc and its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.