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BUSINESS

Ministry keen to build LNG stockpile while prices low

Business, Yuthana Praiwan, Published on 28/04/2020

» The Energy Ministry has thrown full support behind a plan by state-owned energy firms to import additional liquefied natural gas (LNG) from spot markets, where LNG has hit record low prices, in order to lower energy costs.

BUSINESS

SPCG assigns B2.73bn to Japan 'mega-solar project'

Business, Yuthana Praiwan, Published on 29/04/2020

» SET-listed solar farm operator SPCG Plc says it will invest 2.73 billion baht to develop the Ukujima "mega-solar project" with a total capacity of 480 megawatts in Japan.

BUSINESS

US oil price faces 2nd decrease below zero

Business, Yuthana Praiwan, Published on 29/04/2020

» The US benchmark oil price could fall below zero for a second time this year, signalling that global oil stocks are nearing full capacity, says one expert.

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BUSINESS

Crude prices poised to bottom out

Business, Yuthana Praiwan, Published on 02/05/2020

» Global crude oil prices may have bottomed out as cities across the globe have begun to ease lockdown restrictions and more drivers hit the road.

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BUSINESS

ERC orders Q2 power bills to be cut by 3%

Business, Yuthana Praiwan, Published on 02/04/2020

» Monthly electricity bills across Thailand will drop 3% from April to June by order of the Energy Regulatory Commission (ERC).

BUSINESS

ERC orders Q2 power bills slashed by 3% for all users

Business, Yuthana Praiwan, Published on 03/04/2020

» Monthly electricity bills across Thailand will drop 3% from April to June by order of the Energy Regulatory Commission (ERC).

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BUSINESS

PTT files PTTOR offering

Business, Yuthana Praiwan, Published on 03/04/2020

» National oil and gas conglomerate PTT Plc is pushing ahead with its plan to list its wholly owned subsidiary, PTT Oil and Retail Business Co (PTTOR), on the Stock Exchange of Thailand by floating shares accounting for 25%.

BUSINESS

PTTEP declares resilience against shoddy market

Business, Yuthana Praiwan, Published on 06/04/2020

» Despite global oil prices dropping considerably over the past month to nearly US$20 per barrel, PTT Exploration and Production (PTTEP) can survive the down market because of low production costs and high liquidity, says president and chief executive Phongsthorn Thavisin.

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BUSINESS

GPI looks to renewables for new revenue source

Business, Yuthana Praiwan, Published on 09/04/2020

» SET-listed Grand Prix International Plc (GPI), a leading automotive event organiser and media producer, plans to diversify into renewable energy in search of additional revenue streams unaffected by the Covid-19 pandemic.

BUSINESS

AGE holds on to 2020 revenue goal

Business, Yuthana Praiwan, Published on 10/04/2020

» SET-listed coal trader Asia Green Energy (AGE) is maintaining its target for revenue growth of nearly 30% to 8 billion baht from 6.2 billion last year, despite falling global coal demand amid the pandemic.