Search Results for: Chevron
- Business News
Chevron abandons operations in Myanmar’s Yadana gas field
In an unprecedented move, Chevron, the US energy giant, has abandoned its operations in the Yadana natural gas field in Myanmar, as confirmed by a company representative. This decision comes over two years after the corporation expressed concern about the violence and human rights violations in the military-controlled nation and declared its intention to withdraw. The 41.1% stake in the…
- Economy News
Australian Chevron LNG workers’ strike unsettles global gas markets
Following unsuccessful negotiations, liquefied natural gas (LNG) workers at Chevron Corp’s key sites in Australia initiated partial strikes yesterday, a move that has unsettled global gas markets. This news spurred gas futures in Europe, causing them to leap by as much as 13%, illuminating the region’s susceptibility in the aftermath of last year’s energy crisis. Spot LNG in Asia also…
- Business News
Chevron Thailand’s gas game-changer: Boosting domestic supply and breaking free from costly imports
Chevron Thailand Exploration and Production aims to boost domestic gas supply to reduce the Thai government’s reliance on costly liquefied natural gas (LNG) imports, with plans to increase petroleum production in the Gulf of Thailand. The US-based company was granted a licence to explore and produce petroleum at Block G2/65, an area of 15,030 square kilometres in the gulf, under…
- Education
Top popular degree programs at Thai Universities
Imagine yourself getting stuck into advanced courses like Business and Managerial Economics, Computer Science and Information Technology, or exploring the cool crossroads of Culture and History. But it’s not all about books and lectures; these places are all about nurturing future leaders ready to take on the complex challenges our world is facing right now. With lots of courses taught…
- Business News
PTTEP boosts gas production at Erawan to avoid hefty fine
PTT Exploration and Production Plc (PTTEP) is stepping up gas production at the Erawan gas block in the Gulf of Thailand to avoid a hefty fine. The penalty would be due to a failure to supply the volume of gas stipulated in a contract signed with PTT Plc, Thailand’s sole gas dealer. The chief executive of PTTEP, Montri Rawanchaikul, expressed…
- Business News
Southeast Asian nations ramp up efforts to boost upstream oil industry
Southeast Asian nations are intensifying their efforts to boost the upstream oil industry, with Malaysia, Indonesia, Vietnam, and Thailand vying for investment from both domestic and international entities, as revealed by a study from BMI, a Fitch Solutions company. In 2022, Malaysia received foreign investment of 287 million ringgit (US$61.7 billion), equivalent to 47% of the nation’s overall investment, in…
- Business News
Oil corporations slickly tap influencers, sparking eco-conscious uproar
Top oil corporations are increasingly utilising social media influencers to advertise their products, a move that has provoked criticism from environmentally conscious followers. The influencers, typically known for sharing lifestyle content, are now endorsing petrol stations, fuel rewards, and club cards. Instances of such promotions were identified by AFP across India, Mexico, South Africa, and the United States on platforms…
- Business News
PTTEP issues alert over potential Thai gas production and supply disruption
PTT Exploration and Production Plc (PTTEP) voiced its concern to the energy authorities regarding potential barriers that may impede the continued production of gas in the Gulf of Thailand. The current license to operate in the Pailin gas block is set to end in 2028. The reoccurrence of a disruptive incident similar to the one at the Erawan gas block…
- World News
Survey reveals drivers’ bizarre motorway behaviour and learner law ignorance
A recent survey conducted by AA Driving School revealed that almost 50% of drivers have observed other motorists crossing the chevrons to re-enter a motorway after mistakenly taking the wrong exit. The study questioned 13,000 drivers about unusual driving behaviours they had witnessed on UK motorways. Additionally, 49% of respondents reported seeing drivers using the hard shoulder when it was…
- World News
Climate activists disrupt shareholder meetings, target corporate carbon footprints
Climate activists have been ramping up pressure on corporations during shareholder meetings, using various tactics to demand action on carbon emissions and climate change. These tactics range from asking numerous questions to more creative approaches, such as singing or even throwing cake at executives. Volkswagen’s recent shareholder meeting became a focal point for activists, with a cake thrown at supervisory…
- Thailand News
Thailand accelerates shift to renewables amid global energy crisis fallout
The global energy crisis has prompted Thailand to accelerate its transition to renewable energy after years of hesitation, joining other countries in adopting wind and solar power to reduce dependency on imported fuels. Thailand’s reconsideration of its renewable energy strategy came after a surge in natural gas prices last year caused by Russia’s invasion of Ukraine, according to Wattanapong Kurovat,…
- Environment News
Locals seek 5 billion baht from oil spill
After an oil spill a year ago, villagers and small businesses in Rayong are suing all involved and seeking 5 billion baht in damages. Star Petroleum Refining (SPRC), PTT Global Chemical and several government agencies are named in the suit for their part in the oil spill last January. The lawsuits have been filed by the Rising Sun law firm, which…
- Thailand News
Underwater utopia being created out of decommissioned oil rigs
An Aquaman-type underwater utopia is being developed near Koh Pha Ngan island in Surat Thani province, out of redundant oil and gas rigs. Thailand’s Natural Resources and Environment department revealed plans are well underway to utilise decommissioned oil rigs to develop a new diving destination for tourists located around 7.5 nautical miles north east of Koh Pha Ngan island. The…
- Bangkok News
Thailand-based natural gas company stalls move on Myanmar following coup
Following the withdrawal of its French and US partners from a gas production project in Myanmar, Thailand’s PTT Exploration and Production Plc is stalling its next move by saying that it will make an official announcement early next month on whether to keep ties with the military in Myanmar or not. US-based Chevron Corp and France-based Total Energies both announced…
- Thailand video news
Thailand News Update | “More Covid restrictions to be relaxed”
Prepare for some more relaxation of Covid restrictions this week as the CCSA are set to meet to consider dropping some more measures that have been in place to curb the Coronavirus. Dr. Opas Karnkawinpong, director-general of the ministry’s Department of Disease Control, says that Thailand was now moving in line with trends elsewhere in the world. He said yesterday……
- Environment News
Petrochemical firm apologises for oil spill in Rayong
The oil firm that is responsible for an oil spill off the coast of Rayong along the eastern Gulf of Thailand e on January 25, has now apologised for the spill. Although the estimated amount of spilled oil was over 50,000 litres, the firm insists it was only 47,000. The firm, Star Petroleum Refining Company Limited, 60% owned by the…
- South Thailand News
“Ghost ship” found off Thailand coast, Navy investigates abandoned Chinese vessel
What many are calling a “ghost ship” was found sinking in the Gulf of Thailand off the coast of Nakhon Si Thammarat. The abandoned Chinese cargo ship was spotted by staff working at an offshore oil rig. No one was on board the vessel. The staff at the Chevron rigs reported the vessel to the 2nd Naval Area Command in…
- South Thailand News
Whale freed by drilling team in Gulf of Thailand
On Saturday six drilling team members at Erawan offshore field spent about 30 minutes cutting a rope tied to the tail of a Bryde’s whale that apparently swam towards the structure seeking help, according to the Bangkok Post. The rope was believed to have been tied to its tail by fishermen after the whale became trapped in a net, but…
- Northern Thailand News
Boonrod heads to new home in Khon Kaen
PHOTO: Vitisak Payalaw, Boonrod and Siraphan Ngampromwong of Watchdog Thailand at the Smile Dog House in Hat Yai – Facebook.com Thailand’s pooch-of-the-moment ‘Boonrod’ (meaning ‘survivor’ in Thai) has a new home in Khon Kaen. Definitely Thailand’s most travelled dog, Boonrod was fished out of the water earlier this month when he was spotted swimming aimlessly 220 kilometres off the Songkhla…
- South Thailand News
Boonrod gets his own Facebook page – VIDEO
Boonrod, the dog rescued this week from an oil rig the middle of the Gulf of Thailand, can now show off his own Facebook page with more than 6,000 followers. Launched just yesterday, Boonrod บุญรอดหมาอ่าวไทย (Boonrod Gulf of Thailand dog), has Facebook user Vitisak Payalaw serving as an administrator. The rescue of the tan-coloured dog, named Boonrod (“Survivor” in Thai) by oil…
- Business News
Finance: Drop in oil prices can be a good thing
PHUKET: When it comes to investing, many make it more complicated than it actually is. What I try to do is use common sense and simplify the process. The two big factors driving global markets right now are central banks and the drop in oil prices. Banks have been pumping trillions of dollars into the global financial system ever since…
- Hua Hin News
Phuket Gazette Thailand News: Laughing gas crackdown; Ranong highway blockades; Inhumane attacks in South; Extortion cops on the run
PHUKET MEDIA WATCH– Thailand news compiled by Gazette editors for Phuket’s international community Laughing gas not so funny The Nation / Phuket GazettePHUKET: The widespread use of illegal balloons containing laughing gas among tourists at entertainment venues has prompted police in Bangkok’s Chanasongkram Police Station to crack down on vendors selling these balloons on Khao San Road.Sale of balloons filled…
- World News
Phuket Gazette World News: Myanmar banks given green light by US Treasury
PHUKET MEDIA WATCH – World news selected by Gazette editors for Phuket’s international community U.S. gives banking green light to Myanmar tycoons Reuters / Phuket Gazette PHUKET: Two banks owned by tycoons associated with Myanmar’s former military regime will start to do business with U.S. companies and investors in the latest reward for the Southeast Asian country’s rapid political transformation.…
- Business News
Phuket Finance: Using exchange traded funds
PHUKET: In today’s uncertain economy, investors are increasingly seeking diversification, safety and a secure income. Interest rates continue to hover at or near all time lows in many countries, and the continued uncertainty about the strength of the global economic recovery has made many investors extra cautious. Nevertheless, there is one investment option available that can offer risk-adverse investors both…
- Thai Life
Phuket Lifestyle: Going to print
PHUKET: The hottest style of trend in pattern design this year is undoubtedly tribal. Last year saw an explosion of African-inspired prints hit runways and major stores and the trend has continued. In 2012, prints have trickled down to the masses and evolved to feature Aztec and Southwestern Native American designs.When wearing a tribal print, your look is instantly trendy.…
- Phuket News
Phuket PAD protest; oil drills defended; Bangkok bombs; economy booms
Phuket NEWS Hound – A daily digest of news about Thailand from around the world, compiled by Gazette editors for Phuket’s international community. Phuket PAD adding fuel to temple fire Phuket members of the People‘s Alliance for Democracy are on their way to Bangkok this morning to join a rally at Government House. The Phuket contingent wants to help the…
- Phuket News
Holiday road safety measures set
PHUKET: Nine major road checkpoints and 18 smaller “mobile units” will be in operation around Phuket from December 30 to January 5, 2009. The checkpoints form the final phase of a three-pronged effort to combat road accidents over the holiday period. This year’s strategy, coordinated by the Phuket office of the Department of Disaster Prevention and Mitigation (DDPM), started with…
