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BUSINESS

PTTEP allots $300m for 2020 exploration activities

Business, Yuthana Praiwan, Published on 14/02/2020

» PTT Exploration and Production Plc (PTTEP) has budgeted US$300 million in 2020 to explore 18 offshore gas blocks in Malaysia and Myanmar to maintain petroleum reserves.

BUSINESS

ARV to deploy AI for farming, analytics

Business, Yuthana Praiwan, Published on 17/02/2020

» AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production (PTTEP), is diversifying into agriculture by developing AI (artificial intelligence) and data analytics systems for local farming.

BUSINESS

Prime targets 1,000MW output by 2023

Business, Yuthana Praiwan, Published on 19/02/2020

» Prime Road Power Plc is gearing up renewable power projects in Asia with a power generation target of 1,000 megawatts by 2023.

BUSINESS

Community scheme spreads the wealth

Business, Yuthana Praiwan, Published on 19/02/2020

» More than 200 local communities and 200 energy firms in Thailand will have a chance to take part in community-owned power projects from renewable resources, known as the Energy for All scheme, under a revision of the national power development plan (PDP).

BUSINESS

Ratch aims to close 5 deals in 2020

Business, Yuthana Praiwan, Published on 20/02/2020

» SET-listed private power producer Ratch Group Plc plans to form new joint ventures and acquire more assets, expecting to close at least five deals in 2020.

BUSINESS

GPSC allots B1.1bn for batteries

Business, Yuthana Praiwan, Published on 20/02/2020

» Global Power Synergy Plc (GPSC) is developing the country's first production plant for semi-solid batteries in Map Ta Phut, Rayong, with a project worth 1.1 billion baht.

BUSINESS

BIG readies tech to deal with drought

Business, Yuthana Praiwan, Published on 21/02/2020

» Bangkok Industrial Gas Co (BIG) plans to use an oxidation technology to reuse water at a petrochemical complex in Map Ta Phut, Rayong to deal with the drought.

BUSINESS

IRPC invests in better efficiency

Business, Yuthana Praiwan, Published on 22/02/2020

» IRPC is setting aside a 2020 budget of 1.46 billion baht to improve production costs and enhance efficiency at its Rayong facilities.

BUSINESS

BIG pins growth prospects on lower spot prices

Business, Yuthana Praiwan, Published on 25/02/2020

» Bangkok Industrial Gas (BIG), Thailand's largest industrial gas maker, forecasts the liquefied natural gas (LNG) trade will grow significantly during 2020-21 thanks to lower prices across spot markets globally.

BUSINESS

PTT upbeat on oil, petrochemicals

Business, Yuthana Praiwan, Published on 25/02/2020

» PTT Plc, the national oil and gas conglomerate, expects low margins of refined oil and petrochemicals to bottom out this year thanks to better negotiations between the US and China on trade.