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  • January 29, 2015

    'Petroleum concession system managed transparently'

    ... smuggling of oil was not allowed. The Platong oil-and-gas block is managed by Chevron, whose co-investors are Mitsui Oil Exploration Co and PTT Exploration and Production. The concession block produces an average of about 26,000 barrels of crude oil per day. The concession was granted on March 1,...

    Business
  • January 29, 2015

    NGV consumption drops as oil prices slide

    Nattachart Jaruchinda, PTT chief executive officer for upstream petroleum and natural gas, said that some NGV users have switched to fuel oil. Aside from lower consumption rate, PTT is also forced to lower NGV prices in line with the falling cost. According to Nattachart, under the energy price restructuring...

    Business
  • January 27, 2015

    Yetagun gas depleting fast: PTT

    PTT has contracted to take a minimum of 200 million cubic feet of natural gas daily from Yetagun for at least 10 years. The heating value of Yetagun gas is higher than supplies from Yadana, so it has to mix Yadana gas with gas from the Yetagun and also Zawtika fields to produce a fuel with the desired...

    Business
  • January 27, 2015

    PTT-led refinery project in Vietnam to get priority status

    ... project in the plans. The US$21.5-billion (Bt700 billion) Victory project, to be located in Binh Dinh's Nhon Hoi Economic Zone, is to be funded by PTT and its strategic partner, the Saudi Arabian oil company Saudi Aramco. The government has given a nod in investment priorities to the project, which...

    Business
  • January 27, 2015

    PTT Global Chemical

    PTT Global Chemical Plc (PTTCH) Investment thesis As chemical prices and spreads are expected to continue falling during 1H15 and PTTCH has lost its feedstock cost advantage, we don't see any obvious catalysts for the share price. However, the risk of further downside is limited, as the current...

    Business
  • January 26, 2015

    Fund flows following ECB action to lift the SET

    ... Electronics is our top pick in the electronics sector. Elsewhere, Chularat Hospital (CHG) offers good potential in the healthcare sector and PTT is our favourite among energy stocks. Intouch Holdings (INTUCH) is our top pick in the telecom sector. Research Department Trinity Securities...

    Business
  • January 26, 2015

    PTTEP in the buying zone

    Shale assets in the United States are also interesting, as buying producing assets may be cheaper than exploring for new petroleum reserves, he said on Nation Channel's "Timeline" hosted by Suthichai Yoon. PTTEP is reviewing five overseas projects in Myanmar, Mozambique, Canada, Australia and Algeria...

    Business
  • January 26, 2015

    PTT Boss looms large at launch

    ... the VIP guests were Sanoh Unakul, Korn Chatikavanij, Tirapot Vajrabhaya, and Anik's husband Piyasvasti Amranand chairman of energy conglomerate PTT. Anik said she decided to write the book because she felt society was quarrelling about national energy issues based on incomplete information. She...

    Business
  • January 26, 2015

    PTT's project in Vietnam given priority

    ... US$21.5-billion Victory project, to be located in Binh Dinhโ s Nhon Hoi Economic Zone, is to be funded by the Petroleum Authority of Thailand (PTT) and its strategic partner, the Saudi Arabian oil company Saudi Aramco. The government has given a nod in investment priorities to the project, which...

    Business
  • January 24, 2015

    Vote to ban Yingluck heats up social media

    ... on Instagram: "It's not the first time, used to this pain already. Thank you for all the moral support." Paetongtarn's brother, Panthongtae @oak_ptt, posted an Instagram picture of a fist and the message: "Are you ready Are you ready Thais " Yingluck's lawyer also tweeted, with @NorrawitSocial saying...

    Politics