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BUSINESS

Refiners assure oil supply adequate amid panic buying

Yuthana Praiwan, Published on 13/03/2026

» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.

BUSINESS

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).

BUSINESS

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.

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.

BUSINESS

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.

BUSINESS

Banpu outlines 2030 goals

Business, Yuthana Praiwan, Published on 03/12/2024

» SET-listed Banpu Power, the power generation arm of energy conglomerate Banpu Group, aims to achieve key revenue and environmental goals by 2030 through business operations in three countries.

BUSINESS

BCPG gains B4.5bn shares in 2 Vietnam wind farms

Business, Yuthana Praiwan, Published on 26/11/2024

» BCPG Plc, the renewable power generation arm of energy conglomerate Bangchak Corporation Plc, is expanding its business in Southeast Asia by purchasing shares worth 4.5 billion baht in two wind farms in Vietnam.

BUSINESS

PTTEP buys into North Sea wind farm

Yuthana Praiwan, Published on 22/12/2023

» PTT Exploration and Production Plc (PTTEP) is expanding into the clean energy business by acquiring a 25.5% share in the Seagreen Offshore Wind Farm, the largest offshore wind power generation facility in Scotland, for £522 million, or around 24 billion baht.

BUSINESS

BCPG planning to sell solar farms in Japan

Business, Yuthana Praiwan, Published on 05/12/2023

» BCPG Plc, the power generation arm of energy conglomerate Bangchak Group, has decided to sell all nine of its solar farms in Japan in a move to adjust a long-term renewable energy investment.

BUSINESS

PTT agrees to payment delay to help reduce electricity bills

Business, Yuthana Praiwan, Published on 11/10/2023

» National oil and gas conglomerate PTT Plc has agreed to delay accepting payments worth 8-9 billion baht for the gas it sold to the Electricity Generating Authority of Thailand (Egat) to help the government reduce power bills during the rest of this year.