Thailand Gives Chevron, Apico OK For Oil, Gas Production

Law360, New York (August 22, 2012, 6:17 PM EDT) -- Energy regulators in Thailand on Wednesday had reportedly signed over oil and gas production rights to units of Chevron Corp. and Apico LLC, answering the companies' bids to develop fields and produce the commodities as the country slowly asserts itself as an exploration destination.

Chevron, which bills itself as Thailand's largest oil and gas producer, will build on its existing operations in the country, which has recently seen a small boon in exploration company interest. The San Ramon, Calif.-based company's newly greenlighted operations center on the...
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