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Search Result for “forced sale”

Showing 1 - 10 of 123

BUSINESS

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.

BUSINESS

Oil drilling set to increase

Business, Yuthana Praiwan, Published on 07/02/2026

» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.

BUSINESS

Call to reform outdated oil laws to protect energy security

Business, Yuthana Praiwan, Published on 13/01/2026

» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.

BUSINESS

Two firms launch Thailand's first commercial sale of biofuel for ships

Yuthana Praiwan, Published on 24/10/2025

» Two SET-listed firms have made Thailand's first commercial sales of biofuel for ships, according to PTT Oil and Retail Business Plc (OR), the oil trade flagship of national oil and gas conglomerate, PTT Group.

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

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).

BUSINESS

PTT to sell stake in Taiwan pharmaceuticals firm

Business, Yuthana Praiwan, Published on 25/07/2025

» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.

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

Regulator launches green tariff

Business, Yuthana Praiwan, Published on 24/01/2025

» Thailand has started imposing the utility green tariff (UGT) for the first time, requiring companies to pay 4.21 baht per kilowatt-hour (unit) if they opt to use renewable power.

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.