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BUSINESS

Bangchak doubles down on oil and gas

Business, Yuthana Praiwan, Published on 25/03/2023

» The age of renewable energy, with electric vehicles (EVs) predicted to dominate the transport sector, has not swayed energy conglomerate Bangchak Corporation Plc from the oil and gas business.

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BUSINESS

BCPG announces capital expenditure at B39bn for expansion

Yuthana Praiwan, Published on 24/03/2023

» SET-listed BCPG Plc, a power generation flagship of Bangchak Corporation, announced capital expenditures for this year at 39 billion baht for business expansion in domestic market and overseas.

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BUSINESS

Egco invests B30bn to raise capacity by 1GW

Yuthana Praiwan, Published on 21/03/2023

» Electricity Generating Plc (Egco), the power generation arm of Electricity Generating Authority of Thailand, plans to spend 30 billion baht on growing its power business this year by increasing capacity by 1 gigawatt.

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BUSINESS

Diesel to dip to 33.5 baht a litre next week

Business, Yuthana Praiwan, Published on 18/03/2023

» Motorists will see another dip in diesel prices to around 33.5 baht a litre next week, down from 33.94 baht, partly attributed to falling global crude oil prices, says the Oil Fuel Fund Office (Offo).

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BUSINESS

Diesel to dip to 33.50 baht a litre next week

Yuthana Praiwan, Published on 17/03/2023

» Motorists will see another dip in diesel prices to around 33.50 baht a litre next week, down from 33.94 baht, partly attributed to falling global crude oil prices, says the Oil Fuel Fund Office (Offo).

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BUSINESS

Bangchak to pay B20.9bn for Esso unit

Business, Yuthana Praiwan, Published on 17/03/2023

» The total value of shares in Esso (Thailand) to be acquired by Bangchak Corporation is estimated at 20.9 billion baht, or 9.18 baht per share, according to the latest calculation released by Bangchak's financial advisor Krungthai XSpring Securities.

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BUSINESS

AGE sees coal prices spiking revenue

Business, Yuthana Praiwan, Published on 17/03/2023

» SET-listed Asia Green Energy (AGE), a Thai coal trader, expects to post record revenue of 23.4 billion baht this year, in part because coal prices increased in response to the Russia-Ukraine war.

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BUSINESS

BGRIM sets B5-7bn aside for projects in Europe

Business, Yuthana Praiwan, Published on 16/03/2023

» B.Grimm Power Plc (BGRIM), an energy developer with the largest capacity in the small power producer segment, is planning to spend 5-7 billion baht developing more renewable power generation facilities in Europe this year after acquiring two energy assets in Poland and Italy.

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BUSINESS

Public to ponder power tariff options

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

» The Energy Regulatory Commission (ERC) is gathering public opinion on its proposal for a single power tariff rate, which would make electricity bills cheaper for businesses but slightly more expensive for households.

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BUSINESS

Public feedback sought on power tariffs

Yuthana Praiwan, Published on 10/03/2023

» The Energy Regulatory Commission (ERC) is gathering public opinion on its proposal for a single power tariff rate, which would make electricity bills cheaper for businesses but slightly more expensive for households.