PTTEP UPS FULL YEAR SALES VOLUME TARGET

Thai state-owned PTTEP on October 28 reported a higher sales revenue in the first nine months of the year, due to increased sales volumes and higher prices. It has also revised the full-year sales volume target to 417,000 barrels of oil equivalent/day.

Honing in on the EV industry goal

Development of the electric vehicle (EV) industry is gaining momentum as state and private sectors are working to translate plans to make Thailand a major EV production hub into actions.

Thailand to extend cap on diesel prices to help consumers

BANGKOK, Oct 20 (Reuters) – Thailand will extend its diesel price cap of 30 baht ($0.8987) per litre beyond this month, its deputy prime minister said on Wednesday, as global oil prices put a strain on consumers and an economy struggling from the pandemic.