Bangchak Petroleum Plc, the state-owned refinery and retailer, expects its gross refining margins in the second half to stay steady at about US$6-7 a barrel despite lower global oil prices.
Workers install solar panels at one of Bangchak’s new solar farms in Bang Pahan, Ayutthaya. It will eventually produce 25 MW.
President Anusorn Sangnimnuan said the company has improved its oil refinery unit to process crude oil from Russia, enabling the company to produce higher-margin refined fuels, such as diesel, jet fuel and petrol.
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