Showing 1 - 10 of 178
Petrochemical sector faces stagnant year
Business, Yuthana Praiwan, Published on 21/02/2026
» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.
Banpu acquires battery farm in US
Business, Yuthana Praiwan, Published on 03/02/2026
» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.
PTT sells stake in Neo Mobility Asia to MGC
Business, Yuthana Praiwan, Published on 06/08/2025
» National oil and gas conglomerate PTT Plc continues to reduce its role in the battery-powered vehicle business with the sale of its entire 50% stake in Neo Mobility Asia Co (NMA), a flagship electric vehicle (EV) business, to SET-listed auto retailer Millennium Group Corporation (Asia) (MGC).
Gulf acquires hydropower project in Laos for $128m
Yuthana Praiwan, Published on 23/07/2025
» SET-listed Gulf Development, a telecom operator and Thailand’s largest energy company by market value, has purchased the entire shareholding of the Pak Lay hydropower project in Laos for US$128 million to boost its renewable power generation and revenue by supplying electricity to Thailand.
Gulf prudent about new investment
Business, Yuthana Praiwan, Published on 12/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, is adopting a cautious approach to new investment this year to avoid risks caused by global economic and political uncertainties.
PTT to slash costs amid US tariff burden
Business, Yuthana Praiwan, Published on 22/05/2025
» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.
EA targets energy sales to lift revenue
Business, Yuthana Praiwan, Published on 31/03/2025
» Energy Absolute Plc (EA), a renewable energy firm and electric vehicle (EV) developer, plans to increase its revenue this year by focusing on energy sales, while restructuring its unprofitable EV business.
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
Egco to exit Australian wind farm
Business, Yuthana Praiwan, Published on 05/02/2025
» SET-listed Electricity Generating (Egco), the power generation arm of the Electricity Generating Authority of Thailand, has decided to sell its entire stake in Boco Rock Wind Farm Pty in Australia under a plan to restructure its investment portfolio.
Firms urged to harness carbon capture technology
Business, Yuthana Praiwan, Published on 31/12/2024
» While planting more trees is a simple way to absorb carbon dioxide, many companies, especially those in the energy sector, need to adopt a more sophisticated method by installing carbon capture technology.