gas
- Thailand News
Gas explosion in China destroys restaurant, leaves one dead (video)
A suspected gas leak wreaked havoc at a restaurant in Hebei, northern China, causing a devastating blast that tore through buildings, wrecked cars and left one dead and 22 injured, as reported by state media and authorities today. According to CCTV News, the injured victims were swiftly transported to hospital following the explosion, which occurred around 8am in Sanhe County,…
- Thailand News
Laughing gas balloons burst bubble: Police bar raid in Chiang Mai
In a late-night operation in the Mueang district of Chiang Mai, police and officials carried out a raid on beer bars located near a boxing stadium on Loi Kroh Road. The establishments were alleged to be selling balloons filled with laughing gas to patrons and tourists. The raid, which involved about 100 police officers and consumer protection officials, resulted in…
- 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…
- Thailand News
Power play: Energy minister’s plan sparks potential for across-the-board cost cuts
Energy Minister Pirapan Salirathavibhaga unveiled a plan that could slash energy costs across the board. Pirapan declared yesterday, January 3, that a paradigm shift is imminent in the gas supply sector, aiming to empower power producers and significantly cut down on electricity expenses. The key? A strategic merger of gas pools to unleash a domino effect that could alter the…
- Business News
Bangchak finalises Esso Thailand acquisition
The energy conglomerate Bangchak Corporation, listed on the Stock Exchange of Thailand (SET), finalised its acquisition of Esso Thailand shares via a tender offer. The deal, valued at 3.54 billion baht, has resulted in Bangchak owning 76.3% of Esso Thailand. Previously, Bangchak secured a 65.99% stake in Esso Thailand, the entity managing Esso petrol stations, from Esso Asia Holdings Pte…
- 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
Liquid dreams: Thailand’s Pilatus Marine charts global growth with 1.05 billion baht vessel acquisition
Pilatus Marine, a SET-listed company and Thailand’s leading liquefied petroleum gas (LPG) transport operator, is set to acquire three large used liquid-carrying vessels for a total cost of 1.05 billion baht. This move is aimed at expanding their services overseas. Operating in both marine and land transport of LPG, Pilatus Marine also leases vessels to other companies. The incoming ships,…
- 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
Who blew it? Putin blames UK Royal Navy for Nord Stream blast
Russia’s defence ministry has accused the British Royal Navy of sabotaging the Nord Stream gas pipelines last month, a claim that London vigorously denies. Moscow did not provide any evidence to back up its assertion, saying that “British specialists” from the same unit directed Ukrainian drone attacks on the Russian Black Sea fleet in Crimea causing minor damage to a…
- World News
Laos experiencing a petrol crisis due to high inflation
The Lao government denied there was a national petrol crisis despite calling an emergency meeting and hours’ long queues witnessed throughout the country’s filling stations. The government, who import the majority of its petroleum from Thailand, scheduled an emergency meeting to discuss the country’s inflation, panic buying and why a large number of petrol stations were closed last week in…
- News
Thai government to control inflation prices for consumer products
As the Thai government attempts to control inflation, the PM Prayut Chan-o-cha says that there must be no shortages of consumer products or outages, and the prices must not be too expensive. The world wide inflation problems have been created by government’s artificially over-heating economies with quantitative easing rising energy and commodity prices and exacerbated by the ongoing Russia-Ukraine war.…
- World News
Global oil prices hit 14-year high as Western nations consider import ban on Russian oil
Global oil prices have risen more than 6%, surging to the highest prices since 2008 on Monday, as the US and European allies consider an import ban on Russian oil. Meanwhile, fears of a global oil supply shortage are being further compounded by the delay of Iranian crude’s potential return to global markets, as the Kremlin demands a guarantee that…
- Central Thailand News
Ratchaburi explosion injures 4
4 people are injured in the western border province of Ratchaburi, 1 seriously, after an explosion caused by a gas leak at a food shop in the central city district this morning. The blast occurred on the ground floor of a 3 storey commercial building opposite Boromrajonani College of Nursing, according to police, who were notified at around 6:30am. Firefighters…
- Bangkok News
Gas explosion in Pathum Thani destroys garage, 10 cars
Fire ravaged a garage in Pathum Thani, just north of Bangkok, last night, causing a massive explosion of gas cylinders stored inside. Damage was extensive but, fortunately, no injuries were reported. Police at Khu Khot police station were notified at about 8pm, and say the bush fire broke out in tambon Lat Sawai of Lam Luk Ka district. More than 10…
- Economy News
Second company in Thailand to be granted license to import natural gas
In a step to cut down energy costs, Thai Gulf Energy Development Company says that they have obtained a government license to import up to 1.7 million tonnes of liquefied natural gas (LNG) per year. As Thailand moves to free up its natural gas market and position itself as a regional trading hub for LNG, Thai Gulf Energy has been reported…
- Phuket News
40 year old man injured in Phuket shophouse explosion
Police in Phuket are blaming a gas leak causing an explosion that injured a man when he switched on the kitchen light at his shophouse home in the island’s east coast Rassada subdistrict early this morning. The blast blew out the shopfront windows, brought down ceiling panels and tore off roofing tiles. Police were was called to the shophouse at…
