Triangle Energy and JV partner welcome delivery of oil to Thai refinery and upcoming ~A$6.8 million payday
Triangle Energy (Global) Ltd, as part of the Cliff Head Joint Venture (CHJV) with Pilot Energy (ASX:PGY) Ltd, has welcomed the news that it will receive in the vicinity of A$5.4 million since the AB Paloma tanker unloaded 50,756 barrels of oil at a refinery in Thailand late August.
Thai industries want to produce energy to combat rising costs
A survey by the Federation of Thai Industries (FTI) revealed that Thailand’s industrial sector wants to produce its own electricity to combat the rising cost of energy but they need government support to make it work.
MISC-owned AET signs MOU with Thai national energy company to build zero-emission oil tankers
AET, the Singapore-based maritime transport operator wholly owned by MISC Bhd, has signed a memorandum of understanding (MOU) with Thailand’s national energy company PTT for the construction of two Aframax oil tankers that will be powered by green ammonia.
ERC preps rules for clean energy providers
The Energy Regulatory Commission (ERC) is preparing to select companies qualified to sell “clean electricity” to the government under its plan to bolster renewable energy supply in Thailand.
Jadestone Completes Thai Gas Deal
Asia Pacific-focused Jadestone Energy has completed the deal to acquire stakes in the Sinphuhorm gas field and Dong Mun gas discovery onshore Thailand, it said on February 23. The deal was announced last month.
Experts forecast resumption of overlapping claim area talks
Energy experts say Thailand and Cambodia will resume talks to settle their dispute on an overlapping claim area (OCA) in order to jointly benefit from a new petroleum source and relieve the impact of energy price fluctuations.
Proton inks deal to sell smart EVs in Malaysia, Thailand
Proton and smart Automobile Co Ltd (smart) has formalised a deal following the signing of a General Distributorship Agreement (GDA) today, which will see the national car maker launching the first model by the fourth quarter of 2023. Under the GDA, Proton will sell and service the smart electric vehicles (EVs) brand in Malaysia and […]
GULF invests THB2.7 billion in renewable energy and sustainable investments fund
Gulf Energy Development Public Company Limited (GULF) announced that Gulf International Investment (Hong Kong) Limited (Gulf HK), its wholly-owned subsidiary, entered into a subscription agreement to commit to invest EUR 75 million, which is equivalent to approximately THB 2.7 billion, in Lightrock Climate Impact Fund SCSp (LCI Fund).
New partnership inked to develop decentralised power plants in Thailand
A new partnership has been announced between INNIO and B.Grimm Power to explore the development of decentralised power plant solutions in Thailand.
THAI GAS OUTPUT TO REMAIN ON A DOWNWARD TREND: FITCH SOLUTIONS
Thailand’s natural gas production is forecast to remain on a downtrend over the next decade owing to continuous output declines at the Erawan gas field, in the Gulf of Thailand, Fitch Solutions said in a report on August 8. This will leave little choice but for the country to become more dependent on costlier imports.