The Latest Breaking News from PTTEP

A date for talks between Thailand and Cambodia to explore a new petroleum source in the Gulf of Thailand's overlapping claim area (OCA) should emerge in two months, says the Department of Mineral Fuels.

PTT Exploration and Production Plc (PTTEP) has exited its petroleum exploration and production business in Brazil by dissolving its subsidiary Participations and Explorations Corporation (PEC), as the company aims to focus more on investments in Asia.

PTT Exploration and Production Plc (PTTEP) has announced the divestment of a 2.5% share in an oil project in Angola as it plans to direct funds to other regions.

Norway’s sovereign wealth fund has dropped the Thai energy conglomerate PTT Plc from its portfolio because of concerns that its activities in Myanmar could fund human-rights abuses.

Digital infrastructure modernisation, agile operations and ecosystem partnerships are imperative for businesses to create new innovations and services and achieve success in the face of digital disruption and other pressing challenges, say IT heads of business pioneers in Thailand.

PTT Exploration and Production Plc (PTTEP) has announced a five-year investment plan worth US$29 billion to boost national energy security and fight global warming.

RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.

JAKARTA: Indonesia is seeking at least 27.4 trillion rupiah (US$1.7 billion) in damages from PTT Exploration & Production Plc (PTTEP) in a planned lawsuit next year over the Montara oil spill, even after the Thai company reached an initial settlement with farmers in the area.

The state subsidy programme for electricity prices is not the only way to curb their rapid increase, which is partially driven by the import of costly liquefied natural gas (LNG).

The debate over whether Carbon Capture and Storage, or CCS has proven the most effective solution to carbon footprint reduction for businesses and for preventing climate change volatility in order to meet 2050 deadlines, urges many large corporates to take part as advocates of decarbonisation through this technology.

PTT Exploration and Production Plc (PTTEP) continues to expand its investment in petroleum production in the United Arab Emirates (UAE) by acquiring a 25% stake in the Sharjah Onshore Area A from a subsidiary of Eni, an Italy-based integrated energy company.