Showing 1 - 10 of 25
Thai Oil sinks additional $1.7bn into new refinery
Business, Yuthana Praiwan, Published on 23/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, aims to allocate an additional US$1.7 billion (63 billion baht) to support the development of a new oil refinery in Chon Buri's Si Racha district under the Clean Fuel Project (CFP), which is near completion.
PTTEP allots $21.2bn to 5-year strategy
Business, Yuthana Praiwan, Published on 23/12/2024
» PTT Exploration and Production Plc (PTTEP) is preparing to allocate a budget of US$21.2 billion to fuel its core business and support decarbonisation plans over the next five years.
Cooking gas prices unchanged
Business, Yuthana Praiwan, Published on 18/12/2024
» Domestic cooking gas prices will remain unchanged at 423 baht per 15-kilogramme cylinder until the end of March next year, though this increases the financial burden for the debt-ridden state Oil Fuel Fund, says the Energy Policy Administration Committee (EPAC).
BBGI predicts higher 2025 revenue
Business, Yuthana Praiwan, Published on 11/12/2024
» The launch of two new bio-based products is expected to help drive revenue next year for BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation, says senior executive vice-president Daechapon Lersuwanaroj.
OR eager to sell shares of underperforming businesses
Business, Yuthana Praiwan, Published on 11/12/2024
» PTT Oil and Retail Business (OR) plans to sell stakes in some businesses, including restaurants, to reduce losses caused by underperforming operations, as well as revisit enterprises with a dim outlook, says chief executive Disathat Panyarachun.
Prima Marine sees better performance next year
Business, Yuthana Praiwan, Published on 04/12/2024
» SET-listed Prima Marine, a provider of marine transport as well as crude oil and petroleum product storage, expects a better performance next year, driven by long-term charter contracts and a focus on certain industry services.
Energy key to push for digital hub plan
News, Yuthana Praiwan, Published on 02/12/2024
» The state's ambitious goal to make Thailand a digital economic hub in Southeast Asia, driven by the growth of domestic data centre and cloud service businesses, may be achieved at the cost of huge resources.
PTT ramps up drive to reduce CO2 emissions
Business, Yuthana Praiwan, Published on 27/11/2024
» National oil and gas conglomerate PTT Plc is stepping up efforts to reduce carbon dioxide emissions from its businesses by adopting carbon capture technology and preparing to run a trial on hydrogen usage to depend less on fossil fuels.
Power tariff to be capped until next April
Yuthana Praiwan, Published on 25/11/2024
» In an extension of the government’s current policy, Thailand's energy minister plans to cap the power tariff until April next year.
PTT set to spin off life science unit Innobic
Business, Yuthana Praiwan, Published on 20/11/2024
» National oil and gas conglomerate PTT Plc is likely to spin off its life science subsidiary Innobic (Asia), enabling the firm to be more financially independent as it seeks to make significant changes to its diversified businesses.