Showing 1-10 of 15 results
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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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Smooth sailing for Mermaid in offshore oil business
Business, ShareInvestor, Published on 07/11/2014
» Mermaid Maritime Plc, a provider of subsea and drilling services for the offshore oil and gas industry, is a subsidiary of Thailand-based shipping group Thoresen Thai Agencies Plc (TTA). Mermaid has been listed on the Singapore Exchange since 2007. Chalermchai Mahagitsiri, executive vice-chairman and chief executive, discusses his company's strategy and outlook.
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MFP must dare to rebuke dubious deals
News, Veera Prateepchaikul, Published on 04/03/2024
» Convicted former prime minister Thaksin Shinawatra's first foreign visitor since his release on early parole from Police General Hospital on Feb 18 was Cambodian Supreme Privy Council President Hun Sen.
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Refilling stomachs, not cars
Business, Yuthana Praiwan, Published on 05/07/2021
» The next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures.
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The struggle in harnessing power prices
Business, Yuthana Praiwan, Published on 25/01/2023
» Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.
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PTTEP speeds exploration of Montara offshore block
Business, Lamonphet Apisitniran, Published on 14/02/2017
» PTT Exploration and Production Plc (PTTEP), the only SET-listed upstream petroleum company, is accelerating its exploration and production plan for Australia's Montara offshore block to capitalise on rising oil prices.
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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.
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Mixed prospects
Asia focus, Published on 26/01/2015
» Thai companies that have been considering regional expansion are going against the global trend of budget cuts in the oil and gas industry by preparing to actively pursue possible merger and acquisition opportunities that may arise.
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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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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.
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