Tags : Petroleum

News

PTT to expand into non-oil business in 2012

BANGKOK, 22 February 2012 (NNT) – Thailand’s oil and gas giant has announced a plan to expand its presence into the asphalt business both locally and overseas in 2012. PTT Senior Executive Vice President Sarun Rungkasiri said on Tuesday that the current business environment has not allowed the company to make high profit. Mr. Sarun […]Read More

Bangkok

Gas leak from overturned LPG truck now under control

PATHUM THANI, Feb 5 โ€“ Gas leak from an overturned truck carrying LPG in Pathum Thani is now under control and the cause of accident and the leakage will be investigated, said Somnuk Bumrungsalee, Deputy Director-General of the Department of Energy Business. He said the truck carrying 15 tonnes of liquefied petroleum gas (LPG) is […]Read More

News

Benzene, diesel and gasohol prices to be lowered tomorrow

BANGKOK, 3 February 2012 (NNT)-PTT Plc and Bangchak Petroleum Plc are set to lower prices of benzene, diesel and Gasohol by 30 satang per liter from tomorrow onward. PTT and Bangchak, two major state-owned oil retailers, have issued their announcement to cut prices for the benzene group by 30 satang a liter as well as […]Read More

Asia

PTTEP finds more natural gas in Australia

BANGKOK, Sept 21 – Thailand’s PTT Exploration and Production (PTTEP) has found more natural gas in the AC/RL7 block in Australia, the company said in a statement released on Wednesday. The company expressed confidence that the block has high potential and was preparing to drill another appraisal well next year to confirm the preliminary petroleum […]Read More

News

Thailand and Cambodia talks over petroleum project in Gulf of

BANGKOK, 21 September 2011 (NNT) – Energy Minister Pichai Naripthaphan has held a bilateral talk with Cambodia during ASEAN Ministers on Energy Meeting (AMEM) at Brunei Darussalam. After the discussion, the Minister said there was a high tendency that both countries would continue with the petroleum project on the continental shelf in the Gulf of […]Read More

News

Former Thai DPM Suthep urged to clarify secret deal with

BANGKOK, 2 September 2011 (NNT) โ€“ Foreign Minister Surapong Tovichakchaikul has asked former Deputy Prime Minister Suthep Thaugsuban to clarify the secret deal on Thai-Cambodian maritime zone following a recent announcement of the Cambodian National Petroleum Authority. Mr Surapong told the press that Prime Minister Yingluck Shinawatra has already tasked him with investigating the alleged […]Read More

News

Cambodia calls for talks with Thailand on disputed oil and

Phnom Penh – Cambodia called Tuesday for the newly elected Thai government to resume talks on resolving claims to a 27,000 square-kilometre stretch of seabed considered rich in oil and gas. The Cambodian National Petroleum Authority, a government body, said it had “a firm commitment to finding an equitable and transparent resolution to the overlapping […]Read More

News

Yingluck Shinawatra defends petrol price cut policy

Thailand’s Prime Minister Yingluck Shinawatra has defended the sharp cut in petrol and diesel prices amid worries over the effect on gasohol sales and production. The measure, which has slashed the diesel price by three baht a litre and 91 and 95 octane petrol by between seven and eight baht, is an initial step to […]Read More