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GENERAL

Renewal of gas licence at Pailin shortly

Business, Yuthana Praiwan, Published on 17/11/2023

» The renewal of a licence to produce gas from the Pailin block in the Gulf of Thailand is likely to be processed quickly early next year to avoid problems that could affect domestic gas supply, says the Department of Mineral Fuels.

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GENERAL

Egco ups US presence via stake in Compass Portfolio

Business, Yuthana Praiwan, Published on 16/11/2023

» SET-listed Electricity Generating (Egco), the power generation arm of the state-run Electricity Generating Authority of Thailand, is going to clinch a deal to acquire a 50% stake in US-based Compass Portfolio, which has three power plants under its ownership.

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GENERAL

PTT Global Chemical sees 2024 sales rising 10%

Yuthana Praiwan, Published on 15/11/2023

» PTT Global Chemical Plc (PTTGC), Thailand’s largest petrochemical producer by capacity, expects sales of its products to rise by 10% in 2024, up from a projected 17 million tonnes this year, attributed to higher demand in some overseas markets.

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GENERAL

Star Petroleum sees fall in global oil prices

Business, Yuthana Praiwan, Published on 13/11/2023

» Global oil prices are likely to decrease during the remainder of this year despite high energy demand, though they remain prone to fluctuations resulting from geopolitical conflicts and economic adjustments in large economies, says Star Petroleum Refining Plc.

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GENERAL

Prime Road maintains B1.4bn revenue target

Business, Yuthana Praiwan, Published on 08/11/2023

» SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, is maintaining its revenue projection at 1.4 billion baht this year thanks to additional electricity generation capacity and higher purchase orders for its solar panel business, says chairman and founder Somprasong Panjalak.

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GENERAL

PTTEP looks to Mideast, Malaysia

Business, Yuthana Praiwan, Published on 03/11/2023

» SET-listed PTT Exploration and Production (PTTEP) plans to increase its petroleum production capacity in the Middle East and Malaysia to brace for the depletion of domestic gas and oil supply within a decade.

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THAILAND

New corporate mindset

News, Yuthana Praiwan, Published on 26/10/2023

» Energy conglomerate Bangchak Corporation Plc is growing sustainably, with businesses becoming greener, under the leadership of Chaiwat Kovavisarach.

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GENERAL

Pilatus Marine expects flat revenue growth

Business, Yuthana Praiwan, Published on 12/10/2023

» SET-listed Pilatus Marine, Thailand's largest liquefied petroleum gas (LPG) transport operator by capacity, expects its 2023 revenue to be on par with last year when it earned 795 million baht, attributed to declining sales, oil prices and freight fees.

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GENERAL

Egco opens oil pipeline in bid to cut carbon emissions

Business, Yuthana Praiwan, Published on 05/10/2023

» SET-listed Electricity Generating (Egco), the power generation arm of the state-run Electricity Generating Authority of Thailand, has started operating its pipeline to transport oil to the northeast, as part of its efforts to help reduce the amount of carbon dioxide emitted by truck transportation.

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GENERAL

Egco opens oil pipeline to cut emissions

Yuthana Praiwan, Published on 04/10/2023

» Electricity Generating Plc (Egco) has started operating a pipeline to transport oil to the Northeast, as part of its efforts to help reduce the amount of carbon dioxide emitted by truck transport.