Showing 1 - 10 of 10
Thai Oil sinks additional $1.7bn into new refinery
Business, Yuthana Praiwan, Published on 23/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, aims to allocate an additional US$1.7 billion (63 billion baht) to support the development of a new oil refinery in Chon Buri's Si Racha district under the Clean Fuel Project (CFP), which is near completion.
Cooking gas prices unchanged
Business, Yuthana Praiwan, Published on 18/12/2024
» Domestic cooking gas prices will remain unchanged at 423 baht per 15-kilogramme cylinder until the end of March next year, though this increases the financial burden for the debt-ridden state Oil Fuel Fund, says the Energy Policy Administration Committee (EPAC).
OR eager to sell shares of underperforming businesses
Business, Yuthana Praiwan, Published on 11/12/2024
» PTT Oil and Retail Business (OR) plans to sell stakes in some businesses, including restaurants, to reduce losses caused by underperforming operations, as well as revisit enterprises with a dim outlook, says chief executive Disathat Panyarachun.
Prima Marine sees better performance next year
Business, Yuthana Praiwan, Published on 04/12/2024
» SET-listed Prima Marine, a provider of marine transport as well as crude oil and petroleum product storage, expects a better performance next year, driven by long-term charter contracts and a focus on certain industry services.
PTT ramps up drive to reduce CO2 emissions
Business, Yuthana Praiwan, Published on 27/11/2024
» National oil and gas conglomerate PTT Plc is stepping up efforts to reduce carbon dioxide emissions from its businesses by adopting carbon capture technology and preparing to run a trial on hydrogen usage to depend less on fossil fuels.
PTT set to spin off life science unit Innobic
Business, Yuthana Praiwan, Published on 20/11/2024
» National oil and gas conglomerate PTT Plc is likely to spin off its life science subsidiary Innobic (Asia), enabling the firm to be more financially independent as it seeks to make significant changes to its diversified businesses.
Edible oil processors told to maintain retail prices
Business, Phusadee Arunmas, Published on 04/11/2024
» The Commerce Ministry has urged edible oil processors not to raise retail prices as there are no factors affecting production costs.
Urgent need for quick talks with Cambodia
Business, Yuthana Praiwan, Published on 23/10/2024
» The government should set up a Thai-Cambodian joint technical committee to speed up talks on joint petroleum production in the overlapping claims area (OCA) between the two countries as gas production from existing blocks in the Gulf of Thailand is declining, says the Petroleum Institute of Thailand (PTIT).
Oil price could hammer indebted fuel fund
Business, Yuthana Praiwan, Published on 07/10/2024
» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.
Overseas markets drive Dexon's revenue growth
Business, Yuthana Praiwan, Published on 09/09/2024
» Dexon Technology, a Thai pipeline inspection company, expects its total revenue to grow by 8.5% year-on-year to 704 million baht this year, thanks to a stronger performance driven by services provided in overseas markets.