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Thailand delays raising NGV price; PTT to continue incurring loss
Thailand's government has decided to indefinitely delay raising the price of NGV (natural gas for vehicles) from Baht 8.50 ($0.24 cents)/kilogram to Baht 11/kg, much to PTT's dismay. PTT, Thailand's...More...
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Complex deal sets new OPEC target of 24.485 million b/d
OPEC Guide OPEC on December 17 agreed what is probably the biggest and certainly one of the most complicated output cut agreements in its history, announcing a new 24.845 million b/d target for those 11 members bound by production pacts.
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Platts Oilgram NewsRussia, Serbia sign wide-ranging energy deal
Russia and Serbia signed December 24 a wide-ranging energy deal that includes the acquisition of Serbia's state-owned oil and gas company NIS by Gazprom Neft, the oil arm of state-controlled Russian gas giant Gazprom.
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