Sriracha oil spill may reach Bangsan beach this Sunday

About 45,000 litres of crude oil have leaked into the sea, during a transfer from tanker moored at a Single Buoy Mooring (SBM-2) of PTT subsidiary Thai Oil, off Chonburi…

Read More
FILE – Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. Oil giant Saudi Aramco said Sunday, March 12, 2023, it earned a $161 billion profit last year, attributing its earnings to higher crude oil prices.(AP Photo/Amr Nabil, File)

Oil giant Saudi Aramco makes a historic $161B profit in 2022

Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists. The monster…

Read More

Russian oil shipped to Asia in Chinese supertankers amid ship shortage

At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services…

Read More

Krung Thai and Government Savings banks offer ฿5Bn loan to Oil Fuel Fund

Two state-run banks, Krung Thai and Government Savings, have offered to extend loans, amounting to 5 billion baht, to the debt-ridden Oil Fuel Fund, to ease its current liquidity problems….

Read More
A view shows pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline in Lubmin, Germany, July 21, 2022. REUTERS/Annegret Hilse/File Photo

Europe agrees compromise gas curbs as Russia squeezes supply

BRUSSELS, July 26 (Reuters) – European Union countries approved a weakened emergency plan to curb their gas demand on Tuesday, after striking compromise deals to limit the cuts for some countries, as they brace for further Russian…

Read More
U.S. President Joe Biden meets with German Chancellor Olaf Scholz, French President Emmanuel Macron, Italian Prime Minister Mario Draghi and British Prime Minister Boris Johnson alongside the G7 leaders summit at Bavaria’s Schloss Elmau, near Garmisch-Partenkirchen, Germany June 28, 2022. REUTERS/Jonathan Ernst

G7 agrees to explore cap on Russian oil price

SCHLOSS ELMAU, Germany, June 28 (Reuters) – The Group of Seven economic powers have agreed to explore imposing a ban on transporting Russian oil that has been sold above a certain price, they said on Tuesday, aiming to…

Read More

Palm oil farmers and producers pledge to cap bottled palm oil prices

Oil palm farmers, oil extractors and producers have promised Thailand’s Internal Trade department that they will try to maintain the price of bottled palm oil between 64 and 66 baht/L….

Read More
A display shows fuel prices per litre at a gas station in Ebersburg near Fulda, Germany March 7, 2022. REUTERS/Thilo Schmuelgen

Russia warns on oil import ban as little progress is made at Ukraine talks

LVIV/IRPIN, Ukraine, March 8 (Reuters) – Fears of an energy war between Russia and the West grew on Tuesday after the United States pushed its allies to ban Russian oil…

Read More

Calls grow for suspension of oil company’s license as more oil found on Thai beach

Calls have been increasing, from businesses and the public in the Mar Ram Phueng beach area in the eastern province of Rayong, for the authorities to suspend the operating license…

Read More

Page 1 of 1

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password