Japanese trading house Mitsui is seeking carbon storage sites across Asia Pacific as it aims to sequester 15 million tonnes per year by 2035 for companies in Japan.
Cheniere will supply 1 million tonnes per year (t/y) of LNG to Thailand’s PTT from its Corpus Christi export terminal in the US after the pair signed a 20-year contract starting in 2026. Significantly, it marks the first US liquefied natural gas (LNG) deal agreed with PTT, Thailand’s largest state-owned, multinational energy company.
The PTT-operated Nong Fab liquefied natural gas (LNG) regasification terminal in Thailand has started offloading its first LNG from a carrier, contractor Saipem reported on June 24.
Thailand is curbing imports of liquefied natural gas (LNG) due to surging prices, potentially putting the country at risk of fuel shortages.
PTT, Thailand’s state-controlled energy company, is bidding to take control of Myanmar’s Yadana gas field after TotalEnergies (LSE:TTE) and Chevron (NYSE:CVX) announced they will exit the country to protest against the junta’s continued violence against civilians since the military coup.
Japan’s Tokyo Gas (TYO:9531) and Thai state-backed energy company PTT (BKK:PTT) will set up a joint venture to enter the on-site energy business involving liquefied natural gas (LNG) supply in Thailand.
Thai oil and gas group PTT has signed a joint venture deal with leading electronics producer Foxconn to make electric vehicles (EVs) as Thailand aims to become the region's top manufacturer and exporter of EVs. The move underscores the state-backed energy company's desire to diversify away from the traditional oil and gas business, which may have slower growth potential in the long run.
Natural gas and liquefied natural gas (LNG) will remain highly important to Thailand’s power sector and as a bridging fuel during the Southeast Asian nation’s energy transition, Auttapol Rerkpiboon, chief executive of state-backed Thai energy company PTT, told the Future Energy Asia conference today.
Thailand’s B.Grimm Power will form a 50/50 joint venture to source and trade liquefied natural gas (LNG) with PTT Global LNG, a subsidiary of state-backed energy company PTT.
Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.
Global Power Synergy, the listed power unit of Thailand’s national energy company PTT Group, has acquired a 41.6% stake in Indian renewable energy provider Avaada Energy for about 14.8 billion baht ($453 million).
Thailand's state-owned oil and gas group, PTT, will invest 20 billion baht ($635 million) in renewable energy in India, China and elsewhere in Asia, as it takes steps to shift from fossil fuels to cleaner energy sources.
State-run Electricity Generating Authority of Thailand (Egat) and national energy conglomerate PTT are jointly studying a development proposal for a 5 million tonne per year floating storage regasification unit (FSRU) to import liquefied natural gas (LNG).
Activist group Justice For Myanmar, which documents military-linked financial matters in the country, has accused French major Total of making excessive profits at Myanmar’s expense.
Thailand’s PTT Exploration & Production (PTTEP) reported it is having difficulty accessing the Chevron-operated Erawan gas field to install production facilities as planned, ahead of a handover next year.
Thailand is issuing more liquefied natural gas (LNG) import licences as it attempts to liberalise its gas market and position itself as a regional LNG trading hub.
Abu Dhabi is taking steps to cement its position as a reliable supplier through the launch of the Murban Futures contract.
BP has entered into a 20 year sales and purchase agreement for liquefied natural gas (LNG) with Thailand’s PTT.