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Search Result for “takeover”

Showing 1 - 10 of 42

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Call to reform outdated oil laws to protect energy security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» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.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

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

BUSINESS

ExxonMobil lube sales tipped to see growth of 10% this year

Business, Yuthana Praiwan, Published on 25/04/2024

» ExxonMobil Marketing (Thailand) expects sales of its Mobil 1 lubricants to grow by 10% this year, maintaining its status as a key operator of finished lubes and chemical marketing in Thailand after Bangchak Corporation took over Esso (Thailand) Plc last year.

BUSINESS

Bangchak completes acquisition of Esso

Business, Yuthana Praiwan, Published on 17/10/2023

» SET-listed energy conglomerate Bangchak Corporation has completed its purchase of shares in Esso Thailand via a tender offer, valued at 3.54 billion baht, leading to a total of 76.3% ownership in Esso Thailand.

BUSINESS

Bangchak intensifies energy logistics push

Business, Yuthana Praiwan, Published on 19/04/2023

» SET-listed energy conglomerate Bangchak Corporation aims to expand its energy logistics business after shareholders approved a plan to take over Esso (Thailand) Plc.

BUSINESS

OR acquires 25% stake in Dusit Foods

Business, Yuthana Praiwan, Published on 23/08/2022

» PTT Oil Business and Retail (OR) has acquired a 25% share in Dusit Foods, a subsidiary of Dusit Thani Plc, to further develop lifestyle-related businesses under its inclusive growth policy.

BUSINESS

SGP anticipates 15% growth in sales volume

Business, Yuthana Praiwan, Published on 08/06/2021

» SET-listed Siam Gas and Petrochemical (SGP), Thailand's second largest liquefied petroleum gas (LPG) trader by volume, expects to see its sales grow by 15% on average to 3.73 million tonnes across markets in Asia despite stiff competition.

BUSINESS

Chevron disputes spur PTTEP takeover

Business, Yuthana Praiwan, Published on 02/03/2021

» The Department of Mineral Fuels (DMF) is accelerating the process to have PTT Exploration and Production (PTTEP) succeed US-based Chevron Corp to operate the Erawan Gas Block in the Gulf of Thailand amid concerns that DMF's legal conflict with the US company will affect national power generation.

BUSINESS

SGP acquires Linh Gas Cylinder in B707.8m deal

Business, Yuthana Praiwan, Published on 19/01/2021

» Siamgas and Petrochemicals Plc (SGP), Thailand's second largest trader of liquefied petroleum gas (LPG) by volume, is continuing to emphasise its diversification into LPG cylinder production, with the latest 707.8-million-baht asset acquisition deal expected to make it better compete in the tough industry.

BUSINESS

BAFS buys 7 PDI solar power plants

Business, Yuthana Praiwan, Published on 05/12/2020

» SET-listed Bangkok Aviation Fuel Services Plc (BAFS) is diversifying into the renewable energy business by buying seven solar power plants, worth 1.7 billion baht, from Padaeng Industry Plc (PDI), as the aviation industry remains high-risk.