Showing 1 - 10 of 11
Petroleum and Energy Institute of Thailand denies oil refineries profiting from war
Business, Yuthana Praiwan, Published on 27/03/2026
» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.
Bombed PTT station to get compensation
Business, Yuthana Praiwan, Published on 05/08/2025
» Insurance companies cannot cite war as a reason for refusing to pay compensation to the owner of a PTT petrol station in Si Sa Ket, which was struck by a Cambodian rocket late last month, says the Office of Insurance Commission (OIC).
Authorities reject party's assertion about power pacts
Business, Yuthana Praiwan, Published on 23/04/2025
» Energy authorities have insisted more power purchase agreements (PPAs) made under the state's 5.2-gigawatt renewables scheme will not lead to expensive power bills, as claimed by the People's Party.
PTT dismisses rumour of 3 units merging
Business, Yuthana Praiwan, Published on 22/02/2025
» PTT Group has denied a rumour its three subsidiaries -- PTT Global Chemical Plc, IRPC Plc and Thai Oil Plc -- will be merged, but stressed they need to improve their business operations.
US oil price faces 2nd decrease below zero
Business, Yuthana Praiwan, Published on 29/04/2020
» The US benchmark oil price could fall below zero for a second time this year, signalling that global oil stocks are nearing full capacity, says one expert.
GPSC takes another crack at Glow takeover with partial bid
Business, Yuthana Praiwan, Published on 26/12/2018
» The Energy Regulatory Commission (ERC) plans to consider today a revised plan submitted last week by Global Power Synergy Plc (GPSC) for a 139-billion-baht takeover of Glow Energy Plc.
Gulf denies rumours of interest in acquiring Glow and WEH
Business, Yuthana Praiwan, Published on 21/12/2018
» SET-listed Gulf Energy Development Plc, one of Thailand's largest power producers, has denied widespread reports that it is interested in acquiring Glow Energy Plc and Wind Energy Holding (WEH).
Energy Ministry denies role in MHPS bribery case
Business, Yuthana Praiwan, Published on 19/07/2018
» The Energy Ministry has denied involvement with a bribery case concerning Mitsubishi Hitachi Power Systems (MHPS) and a 5,300-megawatt gas-fired power plant.
Gulf to sue ERC over LNG snub
Business, Yuthana Praiwan, Published on 10/07/2018
» SET-listed Gulf Energy Development Plc, one of Thailand's largest independent power producers, plans to take legal action against the Energy Regulatory Commission (ERC), which denied its application for a licence to be a liquefied natural gas (LNG) trader.
Gulf to build B50bn gas-fired plant
Business, Yuthana Praiwan, Published on 24/04/2018
» SET-listed Gulf Energy Development Plc (GULF), one of Thailand's largest power producers, says it will soon close a 50-billion-baht project loan to develop a gas-fired power plant, which the company will operate under its independent power producer (IPP) licence, says chief executive Sarath Ratanavadi.