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Search Result for “declining revenues”

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SUSTAINABILITY

Carbon rules reshape Thai business as CBAM looms

Business, Yuthana Praiwan, Published on 09/02/2026

» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.

BUSINESS

Andaman oil to lure global investors

Business, Yuthana Praiwan, Published on 06/12/2025

» Thailand's oil and gas exploration and production scheme in the Andaman Sea is expected to draw leading international petroleum investors within two years, according to the Department of Mineral Fuels (DMF).

BUSINESS

Declining prices set to ease Oil Fuel Fund Office's burden

Business, Yuthana Praiwan, Published on 06/11/2025

» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).

BUSINESS

Banpu Power preps US battery venture

Business, Yuthana Praiwan, Published on 04/08/2025

» SET-listed Banpu Power, the power generation arm of energy conglomerate Banpu Plc, is planning to venture into the battery energy storage system (BESS) business in the US, its second country for the business after Japan where it developed a battery farm.

BUSINESS

Oil fund loss likely to evaporate in H2

Yuthana Praiwan, Published on 06/05/2025

» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.

BUSINESS

Authorities keen to improve gas usage

Business, Yuthana Praiwan, Published on 06/05/2025

» Energy authorities are planning to decrease electricity prices following a recent reduction in the power tariff by pushing for a plan to better manage gas usage in the country, says an Energy Ministry official.

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.

BUSINESS

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.

BUSINESS

Banpu touts 'Energy Symphonics'

Business, Yuthana Praiwan, Published on 18/11/2024

» Banpu, a SET-listed energy conglomerate, is not losing steam in its efforts to produce quality energy as well as care for the environment, despite challenges in a volatile market.

BUSINESS

Egat to extend the lives of coal-fired power stations

Business, Yuthana Praiwan, Published on 12/11/2024

» The Electricity Generating Authority of Thailand (Egat) is planning to refurbish two coal-fired power generation units in a move to extend their service life and prolong the supply of low-cost electricity to the country.