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Search Result for “cash flow”

Showing 1 - 10 of 51

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GENERAL

Exploring efforts to ease power bills

Business, Yuthana Praiwan, Published on 27/09/2023

» The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.

BUSINESS

PTTEP in talks to acquire more Murphy Oil blocks

Business, Yuthana Praiwan, Published on 23/03/2019

» SET-listed oil and gas drilling firm PTT Exploration and Production Plc (PTTEP) is in talks with US-based Murphy Oil Corporation to buy more exploration and production (E&P) resources in Brunei and Vietnam.

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GENERAL

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.

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GENERAL

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.

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GENERAL

PTT enlisted to help subsidise power bills

Yuthana Praiwan, Published on 10/10/2023

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

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GENERAL

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.

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GENERAL

Behind the power tariff decision

Business, Yuthana Praiwan, Published on 09/08/2023

» A lower power tariff scheduled to take effect from Sept 1 not only means cheaper electricity bills for households and businesses during the last four months of this year, but also helps the debt-ridden Electricity Generating Authority of Thailand (Egat) with its plan to settle its debt.

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BUSINESS

Banpu expands in Texas

Yuthana Praiwan, Published on 11/07/2023

» SET-listed Banpu Power (BPP), the power generation arm of the energy conglomerate Banpu Plc, has completed a 16-billion-baht buyout of the Temple II gas-fired power plant in Texas to strengthen its power business in the United States.

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BUSINESS

Power bills set to stay put amid Egat losses

Business, Yuthana Praiwan, Published on 26/04/2023

» State-run Electricity Generating Authority of Thailand (Egat) says it is unable to shoulder more financial burdens until 2025 as it needs funds from electricity bills to help it deal with current losses of 136 billion baht.

BUSINESS

PTTGC retains 7% sales growth target

Business, Yuthana Praiwan, Published on 20/08/2022

» PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, is maintaining its sales growth target of 7%, thanks to additional production capacity, including that from two newly acquired assets.