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  • October 1, 2014

    LPG, NGV prices go up today

    ....00. The rise is mainly from an increase in the LPG contribution to the Oil Fund from Bt3.0374 per kilogram to Bt3.6168. To ease the burden on PTT, the NGV price increases by Bt1 from Bt10.50 per kilogram to Bt11.50. Public-transport vehicles including taxis, tuk-tuks, public vans and buses will...

    Business
  • September 28, 2014

    CSR briefs

    ... establish a working group to substantially construct short, medium, and long-term plans for these five key areas, Kesara said. All five PTT units listed in Dow Jones index PTT and its four listed subsidiaries are among top companies around the globe in Dow Jones Sustainability Indices (DJSI...

    Business
  • September 26, 2014

    Petronas back in Thailand, focusing on lube sales

    ... of market share by 2020. Nattapong worked with Shell for 24 years before joining Petronas five months ago. Three major oil companies - PTT, Shell, and BP-Castrol - hold about half of the Thai lubricant market, which totals about 600 million litres valued at about Bt50 billion per annum. Thailand...

    Business
  • September 26, 2014

    Energy

    ... gain. Net profit for the energy sector improved strongly QoQ and YoY, thanks to inventory gains at oil refining companies. PTTEP and PTT also contributed, with their profit up strongly, backed by higher oil prices and gain from asset swap of Canada oil sand project. - 3Q14F outlook: bombed...

    Business
  • September 25, 2014

    TELECOM, POST AGENCIES TOLD TO DO MORE R&D

    ... and visa issues, skilled and unskilled labour, banking and financial services, and customs and excise. Supattanapong to head up PTT Global Chemical PTT Global Chemical's board on Monday appointed Supattanapong Punmeechaow as president and chief executive officer and acting secretary to...

    Business
  • September 24, 2014

    PTT's third LNG receiving terminal awaits govt position

    ... with the third phase. For construction of the second phase with 5 million tonnes annual capacity, which the Cabinet has already approved, PTT has selected Japan's IHI and South Korea's Posco Engineering to undertake this US$400-million project, which is expected to be completed in 2017. The LNG...

    Business
  • September 23, 2014

    Briefs

    ... at promoting cross-border trade and closer economic cooperation. Expansion before listing Global Power Synergy Co, a subsidiary of PTT, will acquire more electricity businesses before listing on the stock market, said chairman Surong Bulakul. "We plan to acquire power businesses both...

    Business
  • September 23, 2014

    Auction scrap will wipe out Bt200 bn royalty fee: Piyasvasti

    Piyasvasti Amranand said today that the new round could generate Bt200 billion per annum in royalty fee to the country. Referring to a civic groupāš‚ s call for the cancellation of the auction, he said Thailand would then need to pay for energy imports and this would immediately drive up electricity...

    Business
  • September 22, 2014

    PTTEP expands its presence in Brazil

    In a statement, CEO and President Tevin Vongvanich said that PTTEP Brazil Investments in Oil and Gas Exploration and Production Limitada (PTTEP BL), a subsidiary, has entered into an agreement to acquire a total 20 per cent participating interest from Shell Brasil Petroleo Ltda in Concession BM-ES-23...

    Business
  • September 20, 2014

    State units 'spent Bt8 bn on ads' in 2013

    ... (3 per cent). Among state enterprises, the Government Savings Bank was the biggest spender with 18 per cent, followed by MCOT (12 per cent), PTT (10 per cent) and Krungthai Bank (9 per cent), the Electricity Generating Authority of Thailand (Egat; 8 per cent), the Tourism Authority of Thailand (7 per...

    Business