Showing 1 - 10 of 38
Gulf hits renewable target 5 years early
Business, Yuthana Praiwan, Published on 30/06/2025
» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, has achieved its target to increase its renewable power proportion to 40% of total electricity generation capacity following a recent investment in solar farms.
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.
Major players post bumper Q1 profits
Business, Yuthana Praiwan, Published on 16/05/2025
» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.
IRPC realistic on glum prospects for petrochemical sector
Business, Yuthana Praiwan, Published on 05/03/2025
» Another challenging year awaits the petrochemical industry as it continues to deal with a supply glut, while a hotter trade war between the US and China could impact the sector, says IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.
Oil prices to fall amid calmer Middle East
Business, Yuthana Praiwan, Published on 04/03/2025
» Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer geopolitical conflicts in the Middle East, says Thai Oil Plc, Thailand's largest oil refinery by volume.
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.
Minister vows to keep lid on fuel and power prices
Yuthana Praiwan, Published on 17/10/2024
» Energy Minister Pirapan Salirathavibhaga insists that the government will continue to cap domestic energy prices, notably diesel and electricity, to help consumers and businesses deal with the economic slowdown.
Oil price could hammer indebted fuel fund
Business, Yuthana Praiwan, Published on 07/10/2024
» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.
Power tariff set to fall by early 2025
Business, Yuthana Praiwan, Published on 02/08/2024
» The power tariff, which will be capped at 4.18 baht per kilowatt-hour (unit) to maintain electricity prices until the end of this year, is likely to decrease early next year, as global demand for liquefied natural gas (LNG) is thought to be decreasing, which would result in lower gas prices.
Enhancing the nation's oil security
Business, Yuthana Praiwan, Published on 18/07/2024
» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.