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  • BUSINESS

    Woodside powers up

    Asia focus, Erich Parpart, Published on 05/12/2016

    » Myanmar is the centre of attention for Woodside Energy following the Australian company's discovery of gas off the coast of Rakhine state last year. It is now preparing to invest around 25-30% of its exploration budget in Southeast Asia to help realise the potential of the region.

  • BUSINESS

    Chevron Thailand slims down as low oil prices bite

    Asia focus, Nareerat Wiriyapong, Published on 16/05/2016

    » Low oil prices have begun to take their toll on petroleum exploration and production (E&P) companies in Asia, with US-based Chevron Corp preparing to cut jobs at its Thai operations as part of the company's global headcount reduction of 4,000 this year.

  • BUSINESS

    Stocks climb as prospects for fed rate hike recede

    Business, Published on 06/06/2016

    » Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

  • BUSINESS

    Exploring the options

    Asia focus, Nareerat Wiriyapong, Published on 02/03/2015

    » As Thailand takes a three-month respite from the noisy debate over oil and gas exploration, all sides involved hope that the time will be used to come up with a system that promotes energy security and is fair to the public and business alike.

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