Showing 1-10 of 161 results
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Authorities to discuss Oil Fuel Fund management
Business, Yuthana Praiwan, Published on 13/02/2024
» Authorities will meet within this week to discuss the state Oil Fuel Fund's huge loss incurred by oil and gas subsidy programmes though its financial status remains manageable, says a source at the Energy Ministry.
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PTT sets up logistics venture to tap BRI
Business, Yuthana Praiwan, Published on 04/01/2024
» National oil and gas conglomerate PTT Plc hopes to benefit from rail transport networks under the Belt and Road Initiative (BRI) by setting up a new subsidiary to diversify into the domestic and international logistics business.
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Ratch eager to look overseas
Business, Yuthana Praiwan, Published on 14/12/2023
» SET-listed Ratch Group, the power generation arm of state-run Electricity Generating Authority of Thailand, aims to expand its business in Australia, Vietnam and the Philippines, which all support renewable energy development.
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TTA takes 10.14% share in Valeura
Business, Yuthana Praiwan, Published on 13/11/2023
» Growing oil and gas demand in Asia has prompted SET-listed Thoresen Thai Agencies (TTA), an investment holding firm, to acquire a 10.14% share in Valeura Energy Inc, the second-largest oil producer in Thailand.
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Pilatus Marine expects flat revenue growth
Business, Yuthana Praiwan, Published on 12/10/2023
» SET-listed Pilatus Marine, Thailand's largest liquefied petroleum gas (LPG) transport operator by capacity, expects its 2023 revenue to be on par with last year when it earned 795 million baht, attributed to declining sales, oil prices and freight fees.
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BCPG takes 40% of Carroll LLC
Yuthana Praiwan, Published on 07/08/2023
» BCPG Plc, the clean power generation arm of energy conglomerate Bangchak Group, continues to expand its business in the US by acquiring a 40% share in Carroll County Energy LLC, which operates a combined-cycle power plant in Ohio.
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Arun Plus sees profit from EV foray within 3-5 years
Yuthana Praiwan, Published on 07/08/2023
» Arun Plus Co, a subsidiary of national oil and gas conglomerate PTT Plc, expects to gain profit from its fledging electric vehicle (EV) businesses within 3-5 years as Thai drivers become more interested in these new-generation cars.
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Diesel subsidy to remain in place
Business, Yuthana Praiwan, Published on 19/07/2023
» The domestic diesel price will remain unchanged at 32 baht per litre as authorities have decided to use the Oil Fuel Fund to subsidise the price once the waiver of the 5-baht diesel excise tax expires on July 20, says the Oil Fuel Fund Office (Offo).
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BAFS sees revenue rising to B7.5bn within 3 years
Business, Yuthana Praiwan, Published on 05/06/2023
» Bangkok Aviation Fuel Services Plc (BAFS) expects its revenue to reach 7.5 billion baht by 2026, driven by its diversification into new businesses, notably renewable energy development.
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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.
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