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Search Result for “financial crisis”

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BUSINESS

PTTEP grabs 2 new licences in Gulf

Business, Yuthana Praiwan, Published on 08/03/2023

» PTT Exploration and Production Plc (PTTEP) was awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, a move that should pave the way for more domestic oil and gas supply to strengthen the country's energy security.

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BUSINESS

PTTEP wins 2 new licences in Gulf

Yuthana Praiwan, Published on 07/03/2023

» PTT Exploration and Production Plc (PTTEP) has been awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, which should pave the way for more domestic oil and gas supply to strengthen the country’s energy security.

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BUSINESS

Authorities promote energy saving

Business, Yuthana Praiwan, Published on 08/11/2022

» Energy authorities are preparing to make an electricity saving campaign a mandate for households and businesses as they struggle to deal with the high prices of liquefied natural gas (LNG) which may keep soaring in the winter, putting more financial burden on national power generation.

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BUSINESS

Cooking gas price cap remains

Business, Yuthana Praiwan, Published on 09/09/2022

» The Energy Policy Administration Committee (Epac) has decided to continue to cap liquefied petroleum gas (LPG) at 24.87 baht per kilogramme until the end of October to ease the living costs of cooking gas users.

BUSINESS

PTT to give Oil Fund B3bn boost

News, Yuthana Praiwan, Published on 13/07/2022

» National oil and gas conglomerate PTT Plc has decided to allocate 3 billion baht to the fast-dwindling Oil Fuel Fund, following its months-long support of the diesel and liquefied petroleum gas (LPG) price subsidy programmes.

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BUSINESS

Eka Global follows through on a package deal

Business, Yuthana Praiwan, Published on 25/06/2022

» After getting off to a bumpy start many years ago, local plastic packaging company Eka Global is now aiming to become the largest producer of longevity packaging in Asia within five years.

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BUSINESS

Gasohol users get a financial lifeline

Business, Yuthana Praiwan, Published on 07/06/2022

» The Oil Fuel Fund Office (Offo) has agreed to help gasohol users for the first time by reducing their contributions to the fund amid soaring fuel prices, as well as limiting the diesel price increase by one baht, to 33.94 baht a litre from Tuesday, to better manage the fund's liquidity.

BUSINESS

Four firms eye petroleum licence auction

Business, Yuthana Praiwan, Published on 03/06/2022

» Four companies -- two of which are Thai -- are interested in participating in an auction for new petroleum exploration and production licences in the Gulf of Thailand, part of the state's efforts to increase domestic gas supply, says the Department of Mineral Fuels (DMF).

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BUSINESS

New oil drilling licences set to be offered for Gulf sites

Business, Yuthana Praiwan, Published on 10/02/2022

» Authorities are planning to call for bids for new petroleum exploration and production licences in the Gulf of Thailand this April after a delay of 15 years, according to the Department of Mineral Fuels.

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BUSINESS

Fuel consumption falls 13%

Business, Yuthana Praiwan, Published on 08/12/2020

» Thai fuel consumption in the first 10 months of this year contracted 13% due to the economic recession, according to the Department of Energy Business (DOEB).