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BUSINESS

Thai Oil worries over financial strain

Business, Yuthana Praiwan, Published on 30/08/2018

» Thai Oil Plc (TOP), Thailand's largest capacity oil refinery, is concerned about its long-term financial burden because it has to inject cash into a subsidiary firm -- Global Power Synergy Plc (GPSC) -- and speed up development of the Clean Fuel Project (CFP) in the near future.

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BUSINESS

Oil reserve period could be cut

Business, Yuthana Praiwan, Published on 20/01/2018

» Energy policymakers may cut the national legal oil reserve period from 22 days to 18 if global oil prices climb above US$70 per barrel for a "long period of time".