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

Thailand’s biggest coal miner Banpu acquires fifth US shale gas asset for $210m

Thailand’s biggest coal miner and exporter Banpu Pcl is acquiring a US shale gas portfolio worth $210 million, its fifth such overseas investment play

Siam Cement Group (SCG) to invest in Vietnam’s first petrochemical complex

Thailand’s Siam Cement Group (SCG) has set up a joint venture with Vietnam Oil and Gas Group (PetroVietnam) to build Vietnam’s first petrochemical complex

PTTEP Suspends Some Oil Operations in Thailand

A partial halt in exploration and production at the S1 oil block, Thailand’s largest onshore crude oil field, will reduce PTTEP’s oil and gas sales volume and result in lower operating cash flow and weaker credit metrics

China and CLMV drives Thai exports growth to continue at 6.2%YOY

The value of Thai exports grew by 0.5%YOY in 2016, turning to positive growth for the first time in 4 years.

Look to ASEAN for the most promising renewable energy markets

Installing sufficient additional power generation capacity is one of the most pressing issues for ASEAN countries to solve.