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Total targets final decisions on Myanmar, Ivory Coast LNG projects this year

SINGAPORE, Feb 28 (Reuters) – France’s Total expects to take a final investment decision (FID) on liquefied natural gas (LNG) import projects in Myanmar and Ivory Coast this year as part of the oil major’s expansion into emerging markets, an executive said on Wednesday. Jean-Pierre Mateille, vice president of trading at Total Gas & Power […]

PTTEP’s net profit jumps 60% from recovered oil prices & effective operation & cost management

PTT Exploration and Production Public Company Limited (PTTEP) reported 2017’s net profit at USD 594 million (equivalent to THB 20,579 million), soaring by more than 60% despite the impairment recognition of USD 558 million from the development plan adjustment in the Mariana Oil Sands project. Earnings Before Intereset, Taxes, Depreciation and Amortization (EBITDA) margin maintained […]