Showing 61 - 70 of 578
PTTEP buys 25% stake in UAE gas field
Business, Yuthana Praiwan, Published on 04/12/2021
» PTT Exploration and Production Plc (PTTEP) has acquired a 25% stake from Eni Sharjah B.V. (ENI) to invest in Concession Area C, an onshore gas field in the Emirate of Sharjah, as it continues to look for potential gas production areas in the Middle East.
Power bills poised to rise 4.6% in early 2022
Business, Yuthana Praiwan, Published on 20/11/2021
» Power bills are set to increase by 4.6% from January to April next year to an average of 3.78 baht per kilowatt hour (unit) as Thailand needs to import costly liquefied natural gas (LNG) for electricity generation, says the Energy Regulatory Commission (ERC).
Banpu acquires Engie unit
Business, Yuthana Praiwan, Published on 05/11/2021
» Banpu Group, a non-oil energy conglomerate, is diversifying into energy service businesses to catch the trend for clean and smart energy development by taking over Engie Services (Thailand) Co, a unit of France-based Engie SA, for S$3.8 million or 95 million baht.
Ratch, Sahacogen ink deal
Business, Yuthana Praiwan, Published on 30/10/2021
» Ratch Group Plc, Thailand's largest private power generator by capacity, continues to expand its electricity generation capacity by acquiring a 51% share in Sahacogen (Chonburi) Plc, the power generation arm of Saha Group Plc, a major consumer goods distributor and manufacturer, at a cost of 3.4 billion baht.
OR acquires stake in restaurant operator
Business, Yuthana Praiwan, Published on 29/10/2021
» PTT Oil and Retail Business Plc (OR), the country's largest oil trader by sales volume, has expanded its food business by acquiring a 25% stake in Imsub Global Cuisine Co (ISGC), the owner and operator of restaurant brands including Kouen Sushi Bar, for 192 million baht.
BGRIM set to buy 2 EP plants
Business, Yuthana Praiwan, Published on 29/10/2021
» SET-listed B.Grimm Power Plc (BGRIM), an energy developer with the largest capacity in the small power producer segment, has teamed up with Univentures Plc to buy two power plants from SET-listed Eastern Power Group Plc (EP) under a 12.4-billion-baht deal.
Nex Point set to make a profit as electric bus sales expand
Business, Yuthana Praiwan, Published on 13/10/2021
» SET-listed Nex Point Plc, an electric vehicle (EV) assembler in the bus segment, expects to move from red to black on its balance sheet this year due to growing electric bus sales, following years of losses.
Egco completes first US renewables investment
Business, Yuthana Praiwan, Published on 08/10/2021
» SET-listed Electricity Generating (Egco) has made its first renewables investment in the US by indirectly acquiring a 17.4% share in Apex Clean Energy Holdings LLC, a leader in clean energy project development, sales and operation.
BCP upbeat on revenue signs
Business, Yuthana Praiwan, Published on 13/09/2021
» Mostly state-owned energy firm Bangchak Corporation Plc (BCP) expects its total revenue to reach a new high this year, driven by renewable energy business and revenue from oil production given high global oil prices, says BCP president Chaiwat Kovavisarach.
UBE looks to high tech future after IPO
Business, Yuthana Praiwan, Published on 10/09/2021
» Cassava-based ethanol maker Ubon Bio Ethanol Plc (UBE) plans to transform itself into a leading food producer by using high technology to innovate and add value to its flour products after raising funds from an initial public offering (IPO).