PTT Exploration and Production (PTTEP) announces 1.09 trillion baht investment over five years
For the five-year investment plan (2026–2030), PTTEP has allocated a total budget of US$33,279 million (about 1,089,887 million…
Turkey Eyes US Gas Field Investments After Wave of LNG Deals
(Bloomberg) — Turkey is exploring investments in US oil and gas fields as it accelerates a sweeping overhaul…
India’s Torrent Gas Hires Citi, Two Others for $450 Million
(Bloomberg) — India’s Torrent Gas Ltd. has hired three banks for its planned initial public offering that may…
It’s official – we aren’t winning the climate fight
The latest UN climate summit avoided even naming fossil fuels, while mounting evidence shows climate damage accelerating –…
Science-Based Targets FAQ – Suston Magazine
Vague climate commitments or science-based targets – is there a difference? Here’s a guide to understanding the difference…
Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
First Climate Change Act proposed to Cabinet
Thailand’s Hope for a Low-Carbon Economy The Draft Climate Change Act is anticipated to become the “policy infrastructure”…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…
Why the IEA Now Thinks Oil Demand Will Keep Rising Until 2050
The International Energy Agency (IEA) predicted in 2023 that the global peak in oil demand would likely take…
Japan Governor Seen Approving Tepco Nuclear Plant Restart
(Bloomberg) — The governor of Japan’s Niigata prefecture is set to approve the restart of the world’s biggest…
Stock Selloff Deepens as Fed Fears Rattle Traders: Markets
(Bloomberg) — A resurgence in tech shares spurred a rebound in stocks, though the advance was limited by…
Petrobras Weighs Lower Spending Plan on Bearish Oil Outlook
(Bloomberg) — Brazil’s state-controlled oil producer Petrobras is weighing a reduction in capital spending to $106 billion for…