Caltex fuels growth acceleration plans for Thailand through expansion of fuel retail network
Caltex announced its strategic plan to grow the business in Thailand by ramping up its retail portfolio nationwide while continuing to enhance brand value by offering high quality services and products to bring the next-level experience for motorist customers across Thailand, reinforcing its position as a leading global service station brand.
Shell strives for cleaner energy solutions
WITH nearly 50 years involvement in Sabah’s oil and gas sector, Shell sees the need to adapt to changes in the industry, especially in reducing emissions. In Sabah, Shell has two operational companies: Sabah Shell Petroleum Co Ltd (SSPC), which is responsible for upstream operations and Shell Timur Sdn Bhd (STSB), which is responsible for […]
Russia and Myanmar Discuss Construction of Gas Pipeline to Yangon
Energy officials from Russia and Myanmar met in Moscow to discuss Russian involvement in the construction of a gas pipeline to Yangon. The Russian energy ministry confirmed the meetings but did not disclose further details.
Myanmar Junta Seeks AI Tech from Russia to Pump More Oil
The junta’s new energy minister has asked Russia to provide technology embedded with artificial intelligence to extract oil from wells in Myanmar that do not have much left in them, as he continues scrambling for investment in what was one of Myanmar’s most attractive industries for foreign investment before the coup.
Bangchak Group Open LNG Refuelling Station in Thailand
Bangchak Group, a SET-listed company, has opened the first-ever LNG refuelling station in Thailand, it said on October 4. The station is located at Bangchak Map Iang in Chonburi Province.
IMF Wraps Up 2023 Brunei Darussalam Article IV Consultation
Washington, DC : The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Brunei Darussalam.
Angkor Resources launches assessment with communities and Ministry on Block VIII Oil License, Cambodia
Angkor Resources Corp. announced the completion of a community assessment mission for ESG (Environment, Social, Governance) and CSR (Corporate Social Responsibility) on Block VIII oil and gas license.
Thai oil firm PTTEP may seek extension for Myanmar gas fields
ABU DHABI, Oct 2 (Reuters) – Thai oil and gas giant PTT Exploration and Production (PTTEP) (PTTEP.BK) may extend its contracts for two gas fields in neighbouring Myanmar when one ends in 2028 and the other in about 20 years, its chief executive said on Monday.
Eni announces significant gas discovery in Indonesia’s Kutei Basin
Italian oil and gas company Eni has announced a significant gas discovery at its Geng North-1 exploration well in Indonesia. The well sits approximately 85km off the coast of Indonesia’s East Kalimantan province. Preliminary estimates suggest a total discovered volume of five trillion cubic feet (tcf) of gas. Analysis of the gathered data will allow the […]
Thailand’s fuel consumption rises despite diesel usage drop, reveals report
The Department of Energy Business in Thailand has revealed a 2.3% rise in the country’s fuel consumption to 155 million litres per day (MLD) in the first eight months of the year. This comes despite a decrease in diesel usage by 3.9% to 70 MLD, attributed to escalating prices.