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BUSINESS

KJL banks on renewables trend for growth

Business, Yuthana Praiwan, Published on 25/06/2025

» A growing trend in self-solar power generation among households and businesses is boosting solar power-related businesses, including Kijcharoen Engineering Electric (KJL), an electrical control cabinet manufacturer that is anticipating 10-15% growth this year despite the stagnant economy.

BUSINESS

Oil prices fluctuate as Mideast tensions persist

Yuthana Praiwan, Published on 24/06/2025

» Global oil prices remain volatile amid rapid changes in the Israel-Iran war, with the crude price surge losing momentum after US President Donald Trump announced a ceasefire between the two countries.

BUSINESS

PTT Oil and Retail Business says Cambodian oil ban will not affect firm

Business, Yuthana Praiwan, Published on 24/06/2025

» SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia's ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.

BUSINESS

Egco acquires 49% interest in US clean power projects

Business, Yuthana Praiwan, Published on 20/06/2025

» SET-listed Electricity Generating (Egco), a power generation arm of Electricity Generating Authority of Thailand, has acquired a 49% share in clean power projects in the US, stepping up efforts to reach its goal of having renewable energy assets account for 30% of the company's total assets within five years.

BUSINESS

Domestic oil prices in focus in talks with PM

Business, Yuthana Praiwan, Published on 19/06/2025

» The Energy Ministry is working to allay concerns over the impact of the Israel-Iran war, pledging that authorities will continue to cap fuel prices, though this may require cutting the oil excise tax.

BUSINESS

PTTEP wins gas drilling licence in Algeria

Business, Yuthana Praiwan, Published on 19/06/2025

» PTT Exploration and Production Plc (PTTEP) plans to grow its gas business in Africa after its subsidiary was granted a licence for onshore petroleum exploration and production by the Algerian government.

BUSINESS

Banpu divests from 10 Japanese solar power plants

Business, Yuthana Praiwan, Published on 18/06/2025

» Banpu Power Plc has decided to divest shares in 10 solar power plants in Japan worth 4.46 billion baht to optimise its portfolio of energy assets and ensure long-term expansion.

BUSINESS

Diesel price stays at B32 per litre

Business, Yuthana Praiwan, Published on 18/06/2025

» The domestic diesel price in Thailand will remain unchanged at 32 baht a litre, even though the Israel-Iran conflict has pushed up world oil prices, the Oil Fuel Fund Office (Offo) said on Tuesday.

BUSINESS

PTT Global Chemical launches catalyst recycling

Business, Yuthana Praiwan, Published on 17/06/2025

» PTT Global Chemical Plc (GC), Thailand's largest petrochemical producer by capacity, has co-developed a technology to recycle unwanted catalyst, claiming it is the first Thai firm able to deal with this industrial waste without the need to export it for recycling.

BUSINESS

Thais reassured about oil supplies after strikes on Iran

Yuthana Praiwan, Published on 13/06/2025

» Thailand has sufficient oil for 60 days of use as concern over energy supply disruptions grows following Israel’s attacks on Iranian nuclear sites, the Department of Energy Business said on Friday.