Moody’s revises Thai Oil’s outlook to stable from negative

Thai Oil’s Baa3 ratings continue to incorporate two notches of uplift based on Moody’s assessment of likely extraordinary support from its parent, PTT Public Company Limited (PTT, Baa1 stable), during a period of stress.

Southeast Asia’s power generation has tripled in 20 years

Southeast Asia’s power generation has tripled in 20 years. But is it running out of energy options?

Thailand, Pakistan, Vietnam among most vulnerable countries to energy shock

Morocco, Thailand, Vietnam and Pakistan are some of the most-affected larger economies, based on energy import and gross domestic product data from the United Nations.

PTTEP to take over Myanmar gas field operations after TotalEnergies exit

Asian energy companies’ continued presence in Myanmar is raising concerns that they could blunt the impact of new European Union sanctions on the country’s state oil and gas company.

New round of EU sanctions targets Myanmar military’s Oil and Gas cash cow

In previous sanctions rounds against Burma by the EU, MOGE was left untouched. The new round of sanctions is a new step by the international community against the Burmese military.

Asian refiners EBITDA will decline by around 30% says Moody’s

Moody’s Investors Service says in a new report that the aggregate EBITDA of Asian refiners will decline by around 30% in 2020

US oil down more than 9% in Asian trade

Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide to fight the virus.

Oil consumption up 4-5% during Songkran

Oil consumption has risen by four to five percent during the Songkran festival or from April 12 until April 17