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Thailand: Government Seeks Increase in Reserves

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Thailand's Government has asked the nation's oil refiners to increase their inventories as it seeks to secure fuel supplies amid growing Middle East tensions. Norkun Sitthiphong, Permanent Energy Secretary, confirmed that the request had been made to refiners, adding that more measures could be adopted depending on the course of events.

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India: IOC In Contention to Secure Kerala Airport Stake

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Indian Oil Corporation (IOC) has joined the race to secure a minority stake in the new airport in Kerala, hoping to win more jet fuel contracts and control of the airport's infrastructure. IOC will compete with Bharat Petroluem Corp and Hindustan Petroleum for a piece of the airport, after the latter two having already expressed interested in obtaining 11% stakes. 

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