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Norwegian fund dumps PTT over rights concerns

Norway’s sovereign wealth fund has dropped the Thai energy conglomerate PTT Plc from its portfolio because of concerns that its activities in Myanmar could fund human-rights abuses.

Bangkok Post

PSTC eyes higher gas sales

SET-listed Power Solution Technologies (PSTC), a provider of clean energy solutions and construction services, is expecting higher sales of compressed natural gas next year because of environmental concerns and factory operators' desire to cut costs.

Bangkok Post

IRPC expects petrochemical prices to rise

IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects prices of petrochemical products, which hit a 10-year low, to increase early next year as Covid-19 eases.

Bangkok Post

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PTT asked for assistance

The National Energy Policy Council (NEPC) has resolved to ask national oil and gas conglomerate PTT Plc to allocate 6 billion baht to help the government cap the increasing power tariff, part of efforts to slow the surge in electricity bills.

Bangkok Post

PTT: Oil at $90 in 2023

Global crude oil prices are expected to keep decreasing to US$85-95 a barrel next year when the world economy slows down, according to analysts of national oil and gas conglomerate PTT Plc.

Bangkok Post

GPSC presses on with renewable energy bid

Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, aims to become a renewable energy-driven company by 2030 to help the government fight global warming and better cope with high global energy prices.

Bangkok Post

Thailand, Saudi Arabia agree on energy cooperation

Thailand and Saudi Arabia have signed a number of agreements to cooperate in sectors including energy and tourism as the two countries gradually restore full diplomatic ties.

Bangkok Post

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Authorities promote energy saving

Energy authorities are preparing to make an electricity saving campaign a mandate for households and businesses as they struggle to deal with the high prices of liquefied natural gas (LNG) which may keep soaring in the winter, putting more financial burden on national power generation.

Bangkok Post

PTT vows to cut CO2 emissions

National oil and gas conglomerate PTT Plc has announced its commitment to cutting greenhouse gas emissions by 15% within 2030 in a move to help the government fight climate change.

Bangkok Post

PTT diversifies to non-woven fabric

National oil and gas conglomerate PTT Plc has started commercial production of non-woven fabric, a key raw material to make single-use medical equipment, another step in its diversification into the medical industry.

Bangkok Post

PTT venture to home in on logistics

National oil and gas conglomerate PTT Plc is diversifying into yet another non-oil business by setting up a logistics firm to provide goods transport and management services.

Bangkok Post

Diversification drive persists

National oil and gas conglomerate PTT Plc is pushing ahead with non-oil businesses, which are set to become a new source of revenue and keep the company in line with the global trend towards clean energy.

Bangkok Post

PTT shifts gear to the EV industry

National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

Bangkok Post

SET loses ground after 4% gain in August

RECAP: Global stock markets lost ground this week as investors assessed the impact of more US interest rate hikes and tensions over Taiwan. External factors remained the key factors affecting market sentiment in Asia including Thailand.

Bangkok Post

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Bangkok Post

Innobic in talks with potential partner

Innobic (Asia) Co, the life science arm of national oil and gas conglomerate PTT Plc, is seeking a new business partner in Iceland in a fresh move to produce medicines to treat cancer.

Bangkok Post

Pattaya to get 1st hydrogen filling station

National oil and gas conglomerate PTT Plc is preparing to co-launch Thailand's first hydrogen filling station next month in Pattaya to serve trucks and buses, part of efforts to help the government fight global warming.

Bangkok Post

PTT makes move into plant-based products

National oil and gas conglomerate PTT Plc is preparing to build a factory to process a variety of plant-based foods, with the aim of turning them into popular new products.

Bangkok Post

PTTGC retains 7% sales growth target

PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, is maintaining its sales growth target of 7%, thanks to additional production capacity, including that from two newly acquired assets.

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Bangkok Post

CPN tie-up to roll out EV charging stations

SET-listed retail and property developer Central Pattana Plc (CPN) has teamed up with national oil and gas conglomerate PTT Plc and Evolt Technology Co, an electric vehicle (EV) charging company, to install EV charging stations at all Central shopping complexes by the end of this year.

Bangkok Post

PTT sells Indonesian mines

National oil and gas conglomerate PTT Plc has decided to sell its Indonesian coal mining business for US$471 million as the firm continues to move towards clean energy.

Bangkok Post

PTT sells coal business to Indonesia's Astrindo for $471m

State-owned energy firm PTT Plc said on Tuesday it had agreed to sell its coal unit to Indonesia's PT Astrindo Nusantara Infrastruktur Tbk for $471 million, as the company moves out of the coal business entirely.

Bangkok Post

PTT signs 20y LNG purchase contract

National oil and gas conglomerate PTT Plc has signed a 20-year purchase contract for liquefied natural gas (LNG) with Cheniere Energy Inc, a subsidiary of US-based Corpus Christi Liquefaction LLC.

Bangkok Post

IRPC preps B2bn gas separation plant

IRPC, a petrochemical arm of national oil and gas conglomerate PTT Plc, plans to develop a 2-billion-baht gas separation plant to support its production of cleaner oil under a cooperation agreement with Bangkok Industrial Gas Co (BIG), Thailand's largest industrial gas producer.

Bangkok Post

PTT to commercialise 'rejuvenating DNA'

National oil and gas conglomerate PTT Plc has set an ambitious goal to commercialise a newly invented "rejuvenating DNA" with the potential to treat ageing-related illnesses as part of a cooperation with Chulalongkorn University.

Bangkok Post

PTT to give Oil Fund B3bn boost

National oil and gas conglomerate PTT Plc has decided to allocate 3 billion baht to the fast-dwindling Oil Fuel Fund, following its months-long support of the diesel and liquefied petroleum gas (LPG) price subsidy programmes.

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