Showing 81 - 90 of 554
BCPG banking on Enres investment
Business, Yuthana Praiwan, Published on 11/05/2021
» BCPG Plc, the renewable energy arm of Bangchak Corporation Plc, has announced an investment in Thai startup Energy Response Co (Enres), a developer of smart energy software, in a move to equip its energy businesses with advanced technologies.
Chevron pledges smooth transfer of Erawan gas field
Business, Yuthana Praiwan, Published on 06/05/2021
» Chevron Thailand Exploration and Production Co's recently-appointed president Chatit Huayhongtong pledges to ensure a smooth transfer of its Erawan gas field, now facing a legal dispute, to new concessionaire PTT Exploration and Production (PTTEP).
ERC plans to call fresh auction for WTE projects
Business, Yuthana Praiwan, Published on 26/03/2021
» The Energy Regulatory Commission (ERC) is planning to call a new auction for waste-to-energy (WTE) projects, with a combined capacity of 444 megawatts, in the next couple of years, as officials continue to promote the use of garbage to fuel new power plants.
TDRI presses government to guillotine red tape
Business, Yuthana Praiwan, Published on 18/03/2021
» Thailand Development Research Institute (TDRI) urges the government to step up efforts to guillotine outdated laws, which hinder business activities and cause 1.3 trillion baht in unnecessary expenses, as part of the state economic recovery for the post-pandemic period.
GPSC sets capacity goal for 10 years
Business, Yuthana Praiwan, Published on 01/03/2021
» Global Power Synergy Plc (GPSC), a power generation arm of PTT Group, has set a 10-year time frame to achieve the company's goal of increasing its power generation capacity to almost 16,000 megawatts from 5,055MW at present.
Bangchak Corporation tweaks strategy for capital spending
Business, Yuthana Praiwan, Published on 24/02/2021
» Bangchak Corporation (BCP), the energy firm majority-owned by the state, is adjusting some of its business strategies, with oil refineries, power generation and electric vehicle (EV) infrastructure development a part of its focus, as it plans to allocate 23 billion baht in capital spending this year to tap into rapid changes in the global energy market.
OR records heavy decrease in 2020 profit, revenue
Business, Yuthana Praiwan, Published on 19/02/2021
» PTT Oil and Retail Business Plc (OR) recorded a 19.3% decrease in 2020 net profit from 8.8 billion baht in 2019, while revenue fell by 25.7% to 429 billion baht because of a mix of factors from the oil price plunge to higher depreciation expenses and profit calculations under a new accounting standard.
PTTGC puts off Ohio cracker call
Business, Yuthana Praiwan, Published on 18/02/2021
» PTT Global Chemical (PTTGC), Thailand's largest petrochemical maker by capacity, has decided to further delay a final investment decision on its plan to develop an olefin cracker in the US state of Ohio as it needs more time to adjust its cost and form new business partnerships.
Ensuring good idea doesn't go to waste
Business, Yuthana Praiwan, Published on 13/02/2021
» Thailand is the world leader in turning waste to energy.
GPSC posts 85% profit uptick last year
Business, Yuthana Praiwan, Published on 13/02/2021
» Global Power Synergy Plc (GPSC), the power generation arm of PTT Group, recorded an 85% increase in profit last year thanks to cost savings and full-year operation of a new asset acquired from France-based Engie Group.