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  • October 24, 2014

    Oil and fuel prices: a response from PTT

    ... 95. In Thailand, the retail oil price includes taxes and funds used by the government to stabilise that price in the country. This is beyond PTT's authority. Also, we have to take in account that the oil quality standard of Thailand is EURO IV, which increases the oil price. PTT Corporate Communications...

    Opinion
  • October 22, 2014

    Oil price is falling, so why aren't motorists benefiting

    ... pay about 12 times more at the pumps. Then consider that the US is a developed country while Thailand is still "developing". An explanation from a PTT spokesman would be welcome but I'm not holding my breath for a response. Egon

    Opinion
  • October 20, 2014

    Investment boom in Myanmar

    ... an interview. On the main road in Yangon, billboards flaunt the names of big Thai companies already making their presence felt in the country - PTT, Charoen Pokphand Group, Siam Cement Group, Siam City Cement (Insee), Bangchak Petroleum, Boon Rawd Brewery, Bangkok Dusit Medical. Signs of Siam Commercial...

    Business
  • October 20, 2014

    Biz Buzz

    .... At their meeting on Wednesday, the commissioners considered the issue and agreed to cut theirs and the office's travel expenses. PTT CHAIRMAN BEMOANS BANGKOK'S TRAFFIC After arriving slightly late, PTT chairman Piyasvasti Amranand apologised to people waiting to hear his keynote speech...

    Business
  • October 20, 2014

    Kasetsart to work on underwater robotic technology with PTTEP

    News of the development came after PTT Exploration and Production signed a memorandum of understanding last week with Kasetsart University's Faculty of Engineering to undertake research and development on the remotely operated vehicle (ROV) and autonomous underwater vehicle (AUV). Underwater vehicle...

    National
  • October 20, 2014

    Newly-born baby abandoned in petrol station's toilet room in Chon Buri

    A male customer who was answering his call of nature heard the baby crying from the women's rooms so he checked and found the baby wrapped in a towel. The girl's umbilical cord has not been neatly trimmed. A letter was left saying her father had abandoned her mother and the mother "is a bad girl...

    Breakingnews
  • October 18, 2014

    As oil prices dip, now is time for energy sector reform, expert says

    ... held by the German International Cooperation Agency on Thursday, Piyasvasti, a former energy minister and current chairman of energy conglomerate PTT, said energy pricing policy and mandatory standards were the two key elements to promote energy efficiency and renewable sources. He suggested that the...

    Business
  • October 15, 2014

    PTT

    PTT Plc Investment thesis We accompanied PTT's CFO, Mr Wirat Uanarumit, on an NDR to the UK. The feedback was quite positive, making us confident that PTT's stock price will sustain its outperformance among the group. Fund managers expressed optimism over energy price deregulation. Also, the oil price...

    Business
  • October 15, 2014

    Energy Sector

    .../barrel since 2015 onward to reflect the current oil price downtrend. This directly poses a negative impact on the oil companies, both PTTEP and PTT, because petroleum selling price is directly proportional to global crude oil price. In addition, we slash 2014 earnings forecast to reflect extraordinary...

    Business
  • October 14, 2014

    More opportunities on the horizon for Asians to join Shell's top executive team

    ... future that will need to be steered by a new generation," she said. Shell had divested its oil refining and petroleum exploration businesses to PTT to focus on the downstream oil business. The company normally hires about 30 workers each year. Asada said he could not reveal the growth target of...

    Business