Showing 1 - 10 of 43
Banpu acquires Bedrock for $370m
Business, Lamonphet Apisitniran, Published on 01/10/2025
» Energy conglomerate Banpu Plc has acquired Bedrock Production Llc, which owns upstream and midstream assets in the Barnett Shale in Texas, in the US. The transaction is valued at US$370 million or roughly 12 billion baht.
PTTEP to divest from Mexican site
Business, Yuthana Praiwan, Published on 14/08/2025
» SET-listed PTT Exploration and Production (PTTEP) is pushing ahead with its plan to exit the petroleum business in Mexico, in line with the company's business restructuring to invest in other regions.
Banpu unit preps carbon capture storage facility in US
Business, Yuthana Praiwan, Published on 21/02/2025
» A new carbon capture storage (CCS) facility of energy conglomerate Banpu Plc is taking shape in the US, following cooperation with a midstream energy company, part of a strategy to drive its business towards sustainability, says BKV Corporation, the gas production arm of Banpu.
Slim growth in Thai oil and condensate
Business, Published on 09/07/2024
» Thailand faces a structural decline in proved oil reserves, but a notable increase was achieved in 2022, driven by accelerating drilling activities in the Gulf of Thailand.
PTTEP to hike gas output
Business, Yuthana Praiwan, Published on 02/02/2024
» PTT Exploration and Production Plc (PTTEP) is allocating a 230-billion-baht budget this year to support plans to increase gas production at the Erawan gas block and maintain a high level of production at two other gas fields in the Gulf of Thailand.
PTTEP predicts 9% sales uptick on higher output
Business, Yuthana Praiwan, Published on 15/12/2023
» PTT Exploration and Production Plc (PTTEP) expects its petroleum sales to increase by 9% next year thanks to more gas production from the Erawan field in the Gulf of Thailand.
Foreign investment dips 15% in 9 months
Business, Phusadee Arunmas, Published on 27/10/2023
» Foreign investment in Thailand reached 84 billion baht during the first nine months of this year, with Japan continuing to top the list for investment aimed at developing businesses in the country.
Applications up, value dips so far this year
Business, Published on 18/08/2023
» Foreign investment tallied 58.9 billion baht for the first seven months of this year, with Japan topping the list in terms of spending to develop businesses in Thailand.
Chevron eyes greater Thai gas production
Business, Yuthana Praiwan, Published on 12/06/2023
» Chevron Thailand Exploration and Production wants to increase domestic gas supply to allow the government be less dependent on costly liquefied natural gas (LNG) imports, with the company ramping up petroleum production in the Gulf of Thailand.
Regional banks safe from US contagion
Business, Nareerat Wiriyapong, Published on 18/03/2023
» Asia-Pacific banks are resilient to risks related to the failures of their US peers, says Fitch Ratings, noting that regional banks have limited direct exposure to Silicon Valley Bank (SVB) and Signature Bank.