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BUSINESS

Clearing the air

Asia focus, Published on 03/08/2020

» The months-long Covid-19 pandemic has taken a terrible toll on economies and the wellbeing of people worldwide, but it's certainly not the only threat humanity faces.

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BUSINESS

Even in a greener world, fossil fuels still rule

Asia focus, Erich Parpart, Published on 07/11/2016

» The current global trend may be "going green, going electric and going mobile", but fossil fuels will continue to dominate energy consumption globally, especially in developing countries, says the CEO of PTT Plc, Thailand's biggest energy company.

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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.

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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

Global oil supply more fragile than you think

Business, Published on 31/08/2015

» Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to US$60 per barrel from the mid-$40s suggested that the severe drop was merely temporary.

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BUSINESS

More acquisitions expected to fill missing links

Asia focus, Published on 23/03/2015

» Having expanded its business empire by acquiring assets over the past few years, Indorama Ventures Plc (IVL) is preparing to announce more acquisitions during the course of this year.

BUSINESS

The story the oil headlines are missing: China's hunt for resources affects prices

Business, Published on 23/08/2014

» Q. Several weeks ago American mainstream media headlines were awash with sensational news that the US had lifted the ban on crude oil exports, but in the fine print this news was really just about a loophole for processed condensates. How significant is this "loophole" for the future of US oil exports?