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Search Result for “Texas”

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BUSINESS

Pundits fret over oil prices as war widens

Business, Nareerat Wiriyapong, Published on 31/03/2026

» Analysts are expressing concerns about the new government's ability to manage skyrocketing oil prices, as Houthi rebel involvement signals a broadening and prolonged conflict in the Middle East.

BUSINESS

Economic toll of war grows

Business, Post Reporters, Published on 16/03/2026

» The escalating war between the US-Israel alliance and Iran is entering a more dangerous phase, raising concerns the conflict could trigger a wider economic shock via surging energy prices, disrupted trade routes and weakening global demand.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

BUSINESS

Trump's new Iran threats rattle markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

SUSTAINABILITY

Banpu seeks clean energy symphonics

Business, Yuthana Praiwan, Published on 03/11/2025

» This year marks the first for energy conglomerate Banpu Plc's "symphony" of businesses seeking to accelerate the company's transition to clean energy.

BUSINESS

Asia tunes out US shutdown drama

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/10/2025

» RECAP: Most emerging Asian markets recorded gains as investors shrugged off US government shutdown worries, with risk appetite rising because of local factors, and optimism about another US interest rate cut.

BUSINESS

Banpu acquires Bedrock for $370m

Business, Lamonphet Apisitniran, Published on 01/10/2025

» Energy conglomerate Banpu Plc has acquired Bedrock Production Llc, which owns upstream and midstream assets in the Barnett Shale in Texas, in the US. The transaction is valued at US$370 million or roughly 12 billion baht.

BUSINESS

Banpu to take advantage of rising US electricity demand

Business, Yuthana Praiwan, Published on 26/08/2025

» SET-listed Banpu Power Plc is taking advantage of the rapid growth of artificial intelligence (AI) technology-driven power demand in the US to strengthen its electricity retail business.