Moody’s lifts Thailand’s credit outlook to stable from negative
Moody’s Ratings on Tuesday (April 21) announced that it had upgraded Thailand’s credit outlook to stable from negative.…
Asean refineries shut units and cut output in fight for survival
As a result, refineries across the wider Asia-Pacific region have also started cutting runs or temporarily shutting units,…
Foreign investors flee Thailand as war-driven energy shock deepens
Part of Reuters’ report cited Daniel Tan, a portfolio manager at Grasshopper Asset Management, as saying the risk…
What the world needs to know about the real stakes of the energy crisis – POLITICO
“[The] damage to household finances this year is to a large degree already done,” said James Smith, chief economist at…
Global Energy Shortages Drive Renewed Reliance on Coal
Governments worldwide are racing to find a solution to contend with the severe energy shortages brought about by…
Moving from Energy Crisis to Energy Security with Renewables
New IRENA policy advisory shows strategic role of renewables for energy security and resilience; recommends actions for policy…
Lessons learned in 70s have made US, world economies less vulnerable to oil shocks
Washington: The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging…
Thai Cabinet Unveils Multi-Billion Baht Stimulus to Counter Middle East Crisis Volatility
Industry Ministry: A 20-billion-baht Lifeline for SMEs Parallel to the public subsidies, Minister of Industry Varawut…
Brussels backs windfall tax on big firms to ease pain from energy crisis – POLITICO
This wouldn’t be the first time that EU capitals have raided the profits of energy companies to ease…
The EU Weighs Emergency Measures to Stabilize Energy Markets
Key European Union oil and gas groups will hold meetings this week as countries around the bloc scramble…
Current oil, gas crisis worse than 1973, 1979, 2022 together: IEA chief
The blockade of the Strait of Hormuz has triggered an oil and gas crisis that is “more serious…
Saudi Arabia hikes Asia oil price by US$17 as Thailand faces fresh fuel pressure
That has made buyers in Asia increasingly vulnerable to higher costs, especially as producers and refiners scramble to…