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  • November 21, 2014

    Bangchak sale to support 4-year Bt239-bn PTT investments

    ... Petroleum Refining and Global Power Synergy on the Stock Exchange of Thailand in the first half of 2015. Kanyamas Rithidej, senior officer of PTT's investor relations department, said the Bt239-billion investment budget was for joint ventures, subsidiaries, wholesale and retail oil products, and natural...

    Business
  • November 21, 2014

    PTT takes legal action over pipeline

    One of the defendants is former finance minister Thirachai Phuvanatnaranubala. According to PTT chief executive officer Pailin Chuchottaworn, Thirachai accused PTT of presenting false evidence to the Supreme Administrative Court for its consideration of whether the company had completely handed over the...

    Business
  • November 21, 2014

    SET-listed firms report higher 9-month nets

    ...-to-equity ratio (excluding the financial industry) was 1.23 times, Chanitr said. The top five net-profit-making firms, in descending order, were PTT, PTT Exploration and Production (PTTEP), Siam Commercial Bank (SCB), Kasikornbank (KBANK) and Bangkok Bank (BBL).

    Business
  • November 20, 2014

    Ratchaburi Electricity Generating Holding

    ... then the company will propose the project to Myanmar's government. Moreover, RATCH is going to sign a memorandum of understanding (MOU) with PTT within 2014 for a feasibility study of construction of LNG terminal phase 3 with a production capacity of 5 million tons per year. These new projects...

    Business
  • November 20, 2014

    PTT tackles 'distorted information' on social media

    Pailin Chuchottaworn, president and CEO of PTT, said that these individualsโ posting on social media stated that PTT submitted false document regarding its rights over the pipeline. He insisted that the lawsuits are not personal. Opinions can differ but a different opinion should not cause damage to...

    Business
  • November 19, 2014

    OAG seeks guidance on PTT case

    ..., as rights-of-way for such pipelines and other infrastructure are the responsibility of the state. An inspection by the OAG's Office found that PTT had handed over only onshore pipelines worth Bt16.18 billion, but not yet onshore and offshore gas pipelines worth Bt32.61 billion. The Office has...

    Business
  • November 19, 2014

    PTT

    PTT Plc Investment view. Although share price has risen 25จver the past six months, we do not tone down our optimism. We believe PTT has a good outlook, particularly with crude oil prices coming down, making it easier for the government to gradually remove the domestic fuel price subsidy,...

    Business
  • November 18, 2014

    World's message to Thailand: hot air won't fight climate change

    ... degradation and begun sharing best practices with other companies in Thailand and neighbouring countries. Sadly, the same cannot be said of PTT. Aside from its so-called "green" Energy Complex, our national oil and gas firm has focused more on energy security than on sustainable growth. There have...

    Opinion
  • November 18, 2014

    Move to make Thailand Asean trade hub

    ... the new measures to be propose to the Cabinet may not result in Thailand competing on the same level as Singapore and Malaysia, it could entice PTT Plc - which set up an ROH abroad - to establish one in Thailand, according to a source. Compared to Singapore and Malaysia, Thailand currently offers...

    Business
  • November 18, 2014

    PTT

    PTT Plc - Petroleum price to weaken in 2015 Petroleum product price in 2015 tends to weaken from 2014. Global crude oil price has decreased as a result of increasing shale oil production in the US and excess production of the OPEC. Accordingly, crude oil supply in 2015 is projected...

    Business