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BUSINESS

PTTEP predicts slight hike in sales volume

Business, Yuthana Praiwan, Published on 27/02/2018

» SET-listed PTT Exploration and Production Plc (PTTEP), an oil and gas drilling firm, anticipates average sales volume of 302,000 barrels of oil equivalent per day (Boed), up by 1%. But the firm forecasts overall production from many oil and gas fields to stay flat.

BUSINESS

Policymakers aim to adjust legal reserves

Business, Yuthana Praiwan, Published on 26/02/2018

» Energy policymakers are planning to increase the volume of the country's legal reserves for refined oil from oil traders to 2% or 7.3 days, up from 1% or 3.65 days.

BUSINESS

Banpu assigns $182m for 2018

Business, Yuthana Praiwan, Published on 24/02/2018

» SET-listed Banpu Plc, Thailand's biggest coal miner, has budgeted US$182 million (573 billion baht) for capital investment in ongoing projects during 2018.

BUSINESS

DOEB spots rising fuel consumption in 2018

Business, Yuthana Praiwan, Published on 23/02/2018

» Thailand's fuel consumption is expected to grow by 3.5% this year to 155 million litres per day from 150 million litres last year, thanks to the domestic economic recovery, says the Department of Energy Business (DOEB).

BUSINESS

PTTGC to pipe B100bn into EEC projects

Business, Yuthana Praiwan, Published on 22/02/2018

» SET-listed PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer, has allocated 100 billion baht to expand its capacity in the Eastern Economic Corridor by 13% over the next two years.

BUSINESS

PTT raises IRPC stake after 7-year wait

Business, Yuthana Praiwan, Published on 22/02/2018

» PTT Plc has acquired an additional stake in IRPC, the Government Savings Bank's (GSB) petrochemical business arm, for 13.8 billion baht after seven years of negotiations.

BUSINESS

Egat looks to double South transmission line capacity

Business, Yuthana Praiwan, Published on 22/02/2018

» The Electricity Generating Authority of Thailand (Egat) plans to double transmission line capacity in the South as the region's electricity demand soars.

BUSINESS

Contested coal plants pushed back following protester accord

Business, Yuthana Praiwan, Published on 21/02/2018

» The construction of two coal-fired power plants in southern Thailand will be delayed by nine more months.

BUSINESS

Asia Biomass opens facility upstream for wood pellets

Business, Yuthana Praiwan, Published on 20/02/2018

» Asia Biomass Plc (ABM), Thailand’s largest biomass feedstock producer, will set up a 160-million-baht wood pellet facility as it moves to diversify upstream.

BUSINESS

Egco sells East Water stake

Business, Yuthana Praiwan, Published on 20/02/2018

» Electricity Generating Plc (Egco), Thailand’s second-largest private power producer, has sold its entire 18.72% stake in Eastern Water Resources Development and Management Plc (EASTW) to Philippinesbased Manila Water Company Inc.