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BUSINESS

CPT lands 22 sawmill deals with total value of B1.32bn

Business, Yuthana Praiwan, Published on 24/07/2018

» SET-listed CPT Drives and Power Plc, a power systems service provider, has reached a cumulative 1.32 billion baht in sales contracts from 22 deals with sawmill operators in the southern region.

BUSINESS

PTTEP eyes Myanmar project

Business, Yuthana Praiwan, Published on 24/07/2018

» SET-listed PTT Exploration and Production Plc (PTTEP) is proposing that Myanmar's energy policymakers develop and operate a large gas-fired power plant to tap surging demand for energy there.

BUSINESS

EGATi seeks Myanmar power plants

Business, Yuthana Praiwan, Published on 21/07/2018

» Egat International Co (EGATi), a wholly owned subsidiary of the Electricity Generating Authority of Thailand (Egat) is in talks with local operators to construct small gas-fired power plants in Myanmar.

BUSINESS

State targets 30% renewable power by 2030

Business, Yuthana Praiwan, Published on 20/07/2018

» The Energy Ministry has announced plans to double installed power capacity of renewable energy to 30% by 2030.

BUSINESS

Energy Ministry denies role in MHPS bribery case

Business, Yuthana Praiwan, Published on 19/07/2018

» The Energy Ministry has denied involvement with a bribery case concerning Mitsubishi Hitachi Power Systems (MHPS) and a 5,300-megawatt gas-fired power plant.

BUSINESS

Subsidy needed for cooking gas price control

Business, Yuthana Praiwan, Published on 17/07/2018

» A cross-subsidy fuelled by a levy on oil users is being resumed as the State Oil Fund for cooking gas is already broke, says the Energy Ministry.

BUSINESS

PTTEP offloads Montara field

Business, Yuthana Praiwan, Published on 17/07/2018

» PTT Exploration and Production Plc (PTTEP) is divesting a 100% stake in the Montara field to align with the company's business strategy, aiming to focus on operations and projects in other strategic locations.

BUSINESS

PTTOR targets overseas markets in expansion bid

Business, Yuthana Praiwan, Published on 16/07/2018

» PTT Oil and Retail Business Plc (PTTOR), the wholly owned arm of national oil and gas conglomerate PTT Plc, is planning to expand its export market for lubricant products after witnessing limited growth in Thailand.

BUSINESS

BCP sells Galoc stake for $20m

Business, Yuthana Praiwan, Published on 14/07/2018

» SET-listed energy firm Bangchak Corporation Plc (BCP) has decided to sell its entire 55.8% ownership of Galoc oil field in the Philippines for a total value of US$20 million or 666 million baht.

BUSINESS

PTT begins capital push for first-ever tech upgrade

Business, Yuthana Praiwan, Published on 13/07/2018

» PTT Plc, the national oil and gas conglomerate, is planning to allocate capital for digital technology infrastructure for the first time in its history.