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BUSINESS

'Energy for All' winners ready to start

Business, Yuthana Praiwan, Published on 07/01/2023

» Energy investors who won an auction under the state's "Energy for All" renewable scheme are pushing ahead with their projects after the latest legal hurdle that caused more delays was cleared.

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BUSINESS

Businesses' power bills trimmed after outcry

Yuthana Praiwan, Published on 06/01/2023

» The Energy Regulatory Commission (ERC) has scaled back a huge increase in power tariffs for businesses after they complained to Prime Minister Prayut Chan-o-cha about the impact on their costs.

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BUSINESS

Call for Cambodian gas talks

Business, Yuthana Praiwan, Published on 06/01/2023

» Momentum is growing for the resumption of long-delayed talks between Thailand and Cambodia on joint petroleum exploration in the Gulf of Thailand, after the two countries showed interest in pushing ahead with the project.

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BUSINESS

Oil Fund mulls second B30bn loan

Business, Yuthana Praiwan, Published on 05/01/2023

» The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.

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BUSINESS

Oil fund considering second B30bn loan

Yuthana Praiwan, Published on 04/01/2023

» The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.

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BUSINESS

BCPG to expand via Asia Link acquisition

Business, Yuthana Praiwan, Published on 04/01/2023

» BCPG Plc, the clean power generation arm of energy conglomerate Bangchak Corporation Plc, is acquiring the entire shareholding in Asia Link Terminal Co, a provider of oil storage services, in a move aimed at expanding its businesses related to oil terminal and seaport projects.

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BUSINESS

BCPG takes over Asia Link Terminal

Yuthana Praiwan, Published on 03/01/2023

» BCPG Plc, a clean power generation flagship of energy conglomerate Bangchak Corporation, has acquired all the shares of Asia Link Terminal Co, worth 9 billion baht, enlarging its investment in oil terminal and seaport projects.

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BUSINESS

Ministry urged to cut power reserve

Business, Yuthana Praiwan, Published on 03/01/2023

» Energy advocates are demanding the Energy Ministry reduce the country's huge surplus of power generation capacity in reserve as part of efforts to curb a surge in power bills in 2023.

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BUSINESS

Chula academics warn of challenges in shift to EVs

Business, Yuthana Praiwan, Published on 24/12/2022

» The government and businesses must brace for new disruptions and challenges as Thailand shifts to the electric vehicle (EV) era, part of state efforts to achieve carbon neutrality by 2050, say Chulalongkorn University scholars.

BUSINESS

PTT sets out stance on Myanmar after fund exit

Business, Yuthana Praiwan, Published on 23/12/2022

» PTT Group has clarified its stance on Myanmar, after a major investment fund decided to divest shares of PTT Plc and its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.