Showing 1 - 5 of 5
Refineries hit back at tax
Business, Yuthana Praiwan, Published on 24/06/2022
» A proposal to temporarily charge a tax on the oil refinery margin appears to be a last-ditch effort by the government to control soaring energy prices, but major refineries question the move aimed at trimming some of their profits.
PTTEP preps to issue B5bn digital bonds
Business, Yuthana Praiwan, Published on 13/10/2021
» PTT Exploration and Production Plc (PTTEP) is preparing to offer Asia's first digital bonds worth 5 billion baht next month, allowing people to invest via the Pao Tang wallet, a mobile app developed by Krungthai Bank (KTB).
PTT urges oil reserve cut as prices collapse
Business, Yuthana Praiwan, Published on 10/03/2020
» In response to plunging oil prices, state-owned energy firm PTT Plc is urging policymakers to take action to cut the nation's crude oil reserve in half as prices dip below US$30 a barrel.
TOP wants to triple net profit by 2030
Business, Yuthana Praiwan, Published on 18/10/2019
» Thai Oil (TOP), the country's largest oil refiner, is set to triple net profit to more than US$1 billion by 2030 after the long-awaited Clean Fuel Project (CFP) starts operations in 2023.
GPSC buys 69.11% of Glow from Engie SA
Business, Yuthana Praiwan, Published on 21/06/2018
» Global Power Synergy (GPSC) has signed a share purchase agreement to acquire a 69.11% stake in Glow Energy Plc from French giant Engie SA for almost 100 billion baht as it positions itself for the transition in Thailand’s power market.