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Search Result for “crude”

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THAILAND

Oil leak from sunken cargo ship not seen as serious

Apinya Wipatayotin, Published on 10/02/2026

» Refined petroleum leaking from a cargo ship that sank in the Andaman Sea off Phuket on Saturday is not expected to affect nearby islands, according to the Pollution Control Department.

THAILAND

The election's last-mile test

News, Published on 31/01/2026

» For weeks, opinion polls have consistently shown the People’s Party (PP) maintaining a narrow but persistent lead over the Bhumjaithai Party ahead of the Feb 8 general election. The surveys have fostered a prevailing narrative of a two-horse race, with the People’s Party positioned as the frontrunner and Bhumjaithai as the most serious challenger.

THAILAND

Sudarat’s daughter to sue actor ‘Dome’ under new harassment law

Saritdet Marukatat, Published on 30/12/2025

» The daughter of veteran politician Khunying Suradat Keyuraphan is preparing to take legal action against singer-actor Pakorn “Dome” Lam for inappropriate online comments under a new law against sexual harassment that took effect this week, according to officials of the Thai Sang Thai party.

THAILAND

IRPC recognised for digital energy excellence

Published on 26/12/2025

» IRPC Public Company Limited has reinforced its position as a leader in energy management and digital innovation after securing an Outstanding Award in the Creative Energy Project category at the Thailand Energy Awards 2024 for its Energy Efficiency and Reliability Improvement of the Crude Distillation Unit (CDU) with Digital Optimisation project. The award was received by Lersak Thongruang, Senior Executive Vice President, Operation, in recognition of the company’s success in applying digital technology to enhance energy efficiency and operational reliability.

THAILAND

Rayong oil spill lawsuit dismissed

News, Published on 24/12/2025

» A lawsuit seeking environmental rehabilitation and 5 billion baht in compensation from Star Petroleum Refining Plc and PTT Global Chemical Plc over a crude oil spill that occurred in waters off Rayong in early 2022 has been dismissed.

THAILAND

Saudi Arabia seen as trade gateway to Middle East

News, Phusadee Arunmas, Published on 06/12/2025

» The Commerce Ministry has bolstered trade ties with Saudi Arabia as it seeks to explore the Middle Eastern market.

THAILAND

IRPC Posts Q3 Profit, Anchors Growth on 4R 

Published on 06/11/2025

» A stronger market environment and disciplined execution of turnaround strategies have helped IRPC Public Company Limited return to profit in the third quarter of 2025, underscoring its growing operational resilience. Supported by higher product spreads and favourable crude oil conditions, the company posted a net profit of THB 340 million, marking a sharp rebound from a loss of THB 2.13 billion in the previous quarter. 

THAILAND

PTTEP reports nine-month performance for 2025

Published on 30/10/2025

» PTTEP announced its performance for the nine months of 2025, continuing to expand strategic investments in focused areas to foster long-term growth and bolster national energy security. The company is also advancing Thailand’s first Carbon Capture and Storage (CCS) project at the Arthit field in support of the national net-zero greenhouse gas emissions target. Over the nine-month period, PTTEP contributed more than THB 43,700 million to the government through royalties and taxes to drive national development and enhance the well-being of the Thai people.

THAILAND

Geopolitical Shocks Reshape OPEC and Global Oil

Published on 07/10/2025

» Quoc Dat Tong, Senior Financial Markets Strategist at Exness, analyses how geopolitics, policy shifts, and trade disruptions are transforming oil markets and reshaping global economic stability.

THAILAND

Consolidation Will Define Southeast Asia’s Petrochemical Future

Published on 30/09/2025

» Despite the post-pandemic recovery, the global petrochemical sector has failed to stabilise. Overcapacity, slowing demand growth, and intensifying competition have pushed margins to their lowest levels in more than a decade. Persistent oversupply will remain the dominant challenge through the end of this decade.