State energy firms to professionalise

The Ministry of Energy is planning to pursue more joint ventures with foreign companies, as senior government officials have urged state-owned enterprises to professionalise or risk being reformed. The energy sector includes a prominent set of state-owned firms, but tentative steps to modernise through forming joint ventures with foreign firms have already begun. The fuel […]

PTTEP earmarks $3.3 bn for Myanmar

Investment budget set till end-2018 as energy giant celebrates 25th year in neighbouring country PTT Exploration and Production (PTTEP) will invest a total of US$3.3 billion (Bt106.4 billion) in Myanmar through to the end of 2018, president and CEO Tevin Vongvanich said after celebrating the listed company’s 25th anniversary of successful operations in the neighbouring […]

Thailand: Pongsak’s mission to revive Dawei hopes

The government has named a special task force headed by Energy Minister Pongsak Raktapongpaisal in its latest move to kick-start the massive Dawei project in eastern Myanmar. Deputy Prime Minister and Commerce Minister Niwatthamrong Bunsongphaisan said Mr Pongsak will lead a team to Myanmar today together with officials from the Finance and Interior Ministries and […]