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BUSINESS

PTTEP delays final Mozambique LNG decision

Business, Yuthana Praiwan, Published on 14/05/2019

» SET-listed oil and gas drilling firm PTT Exploration and Production (PTTEP) has postponed making a final investment decision on Rovuma Offshore Area 1 in Mozambique from April to June, saying the project is awaiting approval from the Mozambique government.

BUSINESS

NGV subsidy to be shifted to ministry

Business, Yuthana Praiwan, Published on 07/03/2019

» The Energy Ministry plans to shift the financial burden of the natural gas for vehicles (NGV) subsidy under the state welfare smartcard scheme, roughly 1.7-1.9 billion baht per year, from PTT Plc to the Finance Ministry.

THAILAND

Energy Ministry pushes B20 for larger vehicles

Business, Yuthana Praiwan, Published on 01/02/2019

» The Energy Ministry is working feverishly to enforce biodiesel B20 use among buses and trucks in Bangkok and surrounding provinces, hoping to reduce particles and emissions by 10-15% per vehicle.

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BUSINESS

Glow readies sale of power plant in Q1

Business, Yuthana Praiwan, Published on 14/01/2019

» SET-listed Glow Energy Plc expects to disclose a deal to sell the SPP 1 power plant in the Map Ta Phut area of Rayong province within the first quarter of 2019.

BUSINESS

Egco ready to sell off Indonesian mine

Business, Yuthana Praiwan, Published on 04/01/2019

» SET-listed Electricity Generating Plc (Egco), the country's first independent power producer (IPP), plans to sell its coal mine in Indonesia in line with its policy to seek other high-value assets in the future.

BUSINESS

Gulf denies rumours of interest in acquiring Glow and WEH

Business, Yuthana Praiwan, Published on 21/12/2018

» SET-listed Gulf Energy Development Plc, one of Thailand's largest power producers, has denied widespread reports that it is interested in acquiring Glow Energy Plc and Wind Energy Holding (WEH).

BUSINESS

PTTEP hunts for resources as prices firm

Business, Yuthana Praiwan, Published on 23/11/2018

» SET-listed oil and gas driller PTT Exploration and Production Plc (PTTEP) is embarking on a rapid expansion of new resources following recent investments and asset acquisitions.

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BUSINESS

Cafe Amazon rolling overseas

Business, Yuthana Praiwan, Published on 06/11/2018

» PTT Oil and Retail Business Plc (PTTOR), the oil retail and non-oil business unit of PTT Plc, is gearing up to expand Cafe Amazon branches and lubricant products overseas to increase higher-margin businesses.

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BUSINESS

Adapting to disruption

Business, Yuthana Praiwan, Published on 27/10/2018

» After climbing into the elite club of PTT Plc on Aug 31, Chansin Treenuchagron announced that the national oil and gas conglomerate would move all business units towards new technologies in a bid to stay strong among waves of disruption hitting the energy sector.

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BUSINESS

GPSC opts to appeal ERC ruling

Business, Yuthana Praiwan, Published on 20/10/2018

» SET-listed Global Power Synergy Plc (GPSC), a power-generating arm of PTT Plc, has decided to appeal the Energy Regulatory Commission (ERC) decision to block its takeover deal of SET-listed Glow Energy Plc.