THAILAND: PTT’s expansion plan under threat as outlook darkens, net profit down 22.3% for 2019

(EnergyAsia, March 31, 2020, Tuesday) — PTT plc, Thailand’s main energy firm, may have to revise its ambitious expansion plan as it faces the simultaneous threats of a global economic recession, slumping oil and gas prices, and declining profitability in 2020….

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SINGAPORE: Bunker fuel sales expected to fall further in 2020

(EnergyAsia, March 29, 2020, Sunday) — With the global economy in freefall, Singapore’s bunker fuel trade volume will likely fall further — and sharply — in 2020 to “achieve” an unprecedented three consecutive years of decline….

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MALAYSIA: Refinery start up further delayed after huge fire, explosion

(EnergyAsia, March 19, 2020, Thursday) — Southeast Asia’s largest refinery-petrochemical complex will be further delayed from a full commercial start-up after it was hit by another massive fire, its second in less than a year….

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