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BUSINESS

Iran sanction fears drive up global oil prices

Business, Yuthana Praiwan, Published on 08/05/2018

» Global oil prices have hit a new high exceeding US$70 per barrel after a sharp drop in early 2014, as more investors are concerned with whether the US will resume sanctions on Iran.

BUSINESS

Giants throw hats into gas block auction ring

Business, Yuthana Praiwan, Published on 05/05/2018

» Half a dozen petroleum exploration and production (E&P) giants submitted their pre-qualification evaluation documents to the Mineral Fuels Department yesterday, showing their intent to participate in the upcoming auction of the Erawan and Bongkot gas blocks this year.

BUSINESS

Solartron ups capital by 60%

Business, Yuthana Praiwan, Published on 03/05/2018

» SET-listed solar cell producer and power generator Solartron Plc is increasing its registered capital by 60% to 870.6 million baht to generate cash for its business operation.

BUSINESS

Egat aims for revamp to tackle disruption

Business, Yuthana Praiwan, Published on 02/05/2018

» The Electricity Generating Authority of Thailand (Egat) plans to revamp its organisational structure and administration to prepare for disruptive technology in the country's energy sector.

BUSINESS

Analysts worried about gas auctions

Business, Yuthana Praiwan, Published on 01/05/2018

» Energy analysts are anxious about the possibility of further delays in the upcoming auction for the two gas blocks in the Gulf of Thailand, even as policymakers kicked off the official bidding on April 23.

BUSINESS

DOEB predicts flat LPG pump stations

Business, Yuthana Praiwan, Published on 27/04/2018

» The Department of Energy Business (DOEB) forecasts a freeze in the expansion of liquefied petroleum gas (LPG) stations as demand for the fuel in the local transport sector has been gradually shrinking since 2014.

BUSINESS

PTT eyes airport rail link

Business, Yuthana Praiwan, Published on 26/04/2018

» PTT Plc, the national oil and gas conglomerate, is conducting a feasibility study for a high-speed railway linkage between three major airports in Bangkok and Chon Buri worth 200 billion baht.

BUSINESS

New renewable plants to receive B2.4 feed-in tariff

Business, Yuthana Praiwan, Published on 26/04/2018

» Energy policymakers announced new renewable power generators will have the same feed-in tariff as fossil-fuel power generators, 2.40 baht per kilowatt-hour, because their production cost is equal to or lower than their traditional peers. The new rate is effective for new power plants immediately.

BUSINESS

Criteria for Erawan and Bongkot bidding released

Business, Yuthana Praiwan, Published on 25/04/2018

» Energy policymakers have announced crucial criteria for the upcoming auctions of the Erawan and Bongkot gas blocks, which will be focused on gas price offered to PTT and benefits shared with the state.

BUSINESS

Masterkool seeks profit swing

Business, Yuthana Praiwan, Published on 25/04/2018

» Amid fierce competition in fans and cooling machines in Thailand, Masterkool International Plc (KOOL) is poised to avoid a loss in 2018 by upgrading its business strategy to meet consumer demand.