Thailand’s national upstream oil and gas company has announced plans to achieve net zero greenhouse gas emissions by 2050. New projects with an emphasis on natural gas and greenhouse gas intensity will be factored into PTTEP’s investment decision-making in the “EP Net Zero 2050” concept.

Thailand’s first-ever Climate Action Leaders Forum aims to enhance climate action literacy to boost people’s awareness of the climate crisis and the importance of operations designed to solve global warming.

Setting net-zero targets has moved higher on many Asian corporate agendas. A warming planet is increasing the risks for their businesses, which could include supply chain disruption, damage to infrastructure, rising labour costs and irregular natural resources flows, the Intergovernmental Panel on Climate Change (IPCC) has pointed out.

Building owners, energy service companies and homeowners can reduce an average of 20 per cent in energy consumption by tapping UOB’s green financing for energy efficiency projects

At least 40 million people are expected to benefit from the government’s 10-point plan to ease the impact of fuel price increases arising from the Ukraine-Russia crisis, said government spokesman Thanakorn Wangboonkongchana.

Kejuruteraan Asastera Bhd (KAB) has secured five rooftop solar power generating system construction and power purchase agreements (PPAs) worth RM46.8mil in Thailand.

Ecuador’s state-owned oil company Petroecuador hopes to reach an agreement with Thai counterpart PTT (PTT.BK) to extend the time frame for crude deliveries until the end of 2024 and would welcome talks with the United States to supply oil directly to the North American country, a company official told Reuters on Tuesday.

Non-oil energy conglomerate Banpu Plc plans to start operations of two new floating solar farms, featuring the largest installed capacity developed by a private company, in the middle of this year.

Following weeks of protests against rising fuel and living costs, the government has announced a 10-point plan to alleviate the impact of increases in the cost of fuel arising from Russia’s invasion of Ukraine, and will also suspend half of farmers’ multimillion baht debt repayments.

Chinese automaker Great Wall Motor (601633.SS) has signed an agreement with Thailand’s government to slash retail prices of its electric vehicles, an executive said on Tuesday, a move aimed at boosting domestic EV sales and production.