PTT

  • Business News

    Thailand’s longest onshore gas pipeline launched by PTT

    PTT President Auttapol Rerkpiboon announced the opening of Thailand’s longest onshore gas pipeline. The 417-kilometre pipeline, previously delayed due to Covid-19, will secure the gas supply across seven provinces, supporting power generation, industrial operations, and transportation. As part of PTT‘s fifth-phase development, the pipeline extends from the company’s gas separation plants in Rayong to Nontha Buri, facilitating a gas transport…

  • Business News

    PTT assures adequate LNG reserves to beat heat in Thailand

    With summer temperatures expected to soar, PTT Plc, Thailand’s national oil and gas conglomerate, has assured that its liquefied natural gas (LNG) reserves are up to the task of meeting the country’s increased electricity demand. In Thailand, 60% of the fuel used for electricity generation is gas. As a result, PTT is prepared, with gas reserves of 6 billion cubic…

  • Business News

    Isuzu revs up green initiative with PTT union for clean fuel trials

    Tri Petch Isuzu, Thailand’s Isuzu vehicle distributor, is joining forces with PTT Plc to test vehicles powered by a novel clean fuel. This initiative is aimed at supporting efforts to reduce the high carbon dioxide emissions from Thailand’s transport sector. The transport and power generation sectors are the main contributors to over 60% of Thailand’s greenhouse gas emissions, as per…

  • Business News

    PTT plc eyes green methanol production

    PTT Plc, a major national oil and gas conglomerate, is contemplating the construction of a green methanol production facility. The project, costing an estimated 3.1 billion baht, aligns with PTT’s initiative to curtail carbon dioxide emissions and manufacture methanol-derived fuels. Traditionally, methanol production relies heavily on fossil fuels. However, PTT’s proposed method utilises biomass or carbon capture techniques, paving the…

  • Business News

    AIS in talks with PTT OR for virtual bank licence application

    Potential collaborations are underway as Advanced Info Service (AIS) engages in discussions with PTT Oil and Retail Business (OR) and a digital platform provider. The objective is to apply for a virtual bank licence from the Bank of Thailand, revealed AIS Chief Executive, Somchai Lertsutiwong. This partnership would be an addition to AIS’s current plan to secure a license with…

  • Business News

    PTT’s OR diversifies with budget hotels and community malls at petrol stations

    PTT Oil and Retail Business Plc (OR) is renewing its focus on diversifying its non-oil business ventures, with plans to construct budget hotels within its petrol stations and incorporate community malls catering to tourists. The company’s President and Chief Executive, Disathat Panyarachun, shared these developments. The next quarter will see OR onboarding a business consultant to oversee the hotel project.…

  • Thailand News

    PTT Plc to turn Laem Chabang into Thailand’s first green port

    PTT Plc, the Thai state-owned oil and gas company, is set to transform Laem Chabang deep-sea port into a pioneering example of green ports across Thailand. Noppadon Pinsupa, the Chief Operating Officer of PTT’s Downstream Petroleum Business Group, revealed plans yesterday for the development of the GPC International Terminal. The terminal, the victor in the bid for the third phase…

  • Thailand News

    PTT reinvestment: Diversifying beyond oil and petrochemicals for future growth

    National energy conglomerate PTT Plc has initiated a reinvestment phase, eyeing new ventures for future growth. This move follows the stagnation of the company’s traditional businesses, which are primarily centred around the oil refinery and petrochemical sectors. As these avenues have limited potential for enhancing future income, the company emphasises the need for reinvestment. PTT’s President and Chief Executive Officer,…

  • Business News

    Fuelling the future: Thailand’s gas giant gears up production to avert power crisis

    Efforts to prevent a second power crisis in Thailand are underway as the nation’s primary gas producer, PTT Exploration and Production (PTTEP) Public Company Limited, looks to increase its output substantially. With plans to double gas production in the Erawan field, Thailand’s largest, Montri Rawanchaikul, the Chief Executive Officer, confirmed plans to scale up production to as high as 800…

  • Business News

    Arun Plus aims for profitability with Thailand’s growing EV demand

    National oil and gas conglomerate, PTT Plc, is forecasting that its subsidiary company, Arun Plus Co, is likely to attain profitability in the next three to five years, fostered by higher demand from Thai drivers for electric vehicles (EVs). Arun Plus was founded three years prior when PTT ventured into the EV sector as part of its futuristic energy plan.…

  • Business News

    GGC forecasts 20% sales growth, revenue steady amid falling prices

    Global Green Chemicals (GGC), the biochemical subsidiary of PTT Global Chemical (PTTGC), anticipates a 20% increase in sales this year, primarily driven by palm oil-based products. However, overall revenue for PTTGC’s Biochemical subsidiary, GGC is expected to remain steady due to a decrease in product prices. Kridsada Prasertsuka, PTTGGC Biochemical’s managing director, attributes the sales increase to the rising demand…

  • Health

    Eat your vegetables! Or don’t, with this new sauce

    Science has come up with a solution for all the vegetable haters out there – “Sauce Son Phak” (vegetables hidden in sauce). This new product, developed by Innobic (Asia), the life science branch of oil and gas titan PTT, in collaboration with researchers at Mahidol University, is for all the people who would rather eat dirt than vegetables. According to…

  • Economy News

    PTT top revenue-earning company in Thailand in 2021

    In news that is likely not surprising but probably very frustrating, amid soaring fuel prices, petrol company PTT has topped the list as the highest revenue corporation in Thailand for 2021. The national oil and gas conglomerate breakdancing 1 trillion baht over the last year no doubt thanks in part to huge inflation in the price of oil that has…

  • Pattaya News

    Coffee shop employee attacked while at work in Si Racha

    A coffee shop employee sustained serious injuries after he was attacked by two men while he was at work. The coffee shop wasn’t identified. The incident happened in Si Racha, the town and subdistrict on the east side of the Gulf of Thailand. CCTV footage captured the assault. The victim has been identified as 23 year old Songchaiphon Donchai, who…

  • Road deaths

    Roadtrippers take a break at petrol station only to find dead body under car

    A group of holiday road trippers from Pathum Thani got a horrifying surprise after finding a partial human body underneath one of their cars. The group was on their way to Koh Chang when they stopped at a petrol station this morning in the eastern province of Khao Saming. The 10 holidaymakers reported the discovery at Sawang Sawai PTT petrol…

  • Crime News

    Man arrested for allegedly shooting and killing a police officer outside a petrol station

    A 23 year old man was arrested for allegedly shooting and killing a police officer outside a petrol station station in Suphan Buri. The 53 year old police officer, who was wearing civilian clothes, had approached a group who were drinking outside the PTT station, telling them to turn down the music and advising them to go home, a witness…

  • Events

    PTT pays millions in compensation after Samut Prakan gas pipeline explosion

    The Thai petrol company PTT paid millions of baht in compensation to those affected by the Samut Prakan natural gas pipeline explosion last month which killed 3 people and injured more 60 people. The explosion at an industrial estate in the Bang Bo district killed 3 people, including 2 elderly women, and severely injured 10 people. Another 21 people were…

  • Events

    Thai PM orders investigation into Samut Prakan gas pipeline explosion, 3 dead

    Thai PM Prayut Chan-o-cha is ordering an investigation into yesterday’s explosion of a gas pipeline in Samut Prakan, just south east of central Bangkok. At least 3 people were killed. Among the dead, 2 elderly women were killed, plus at least 28 confirmed injuries when the PTT gas pipeline exploded in the coastal Bang Bo district. The prime minister has also…

  • Business News

    No impact on PTT’s imports from Saudi oil refinery attack: Thai minister

    Thai energy minister Sontirat Sontijirawong claims that last Saturday’s attacks on two major oil-processing facilities run by the Saudi-owned company Aramco will not affect oil imports of the Thai petro-chemical giant PTT group. He added that he had learnt from Aramco and related parties that the situation there was under control and the damage was being assessed. The incident would…

  • World News

    PTT’s expansion plans in Myanmar

    PTT Oil and Retail Business (PTTOR) is poised to invest in the Burmese retail market and the construction of a tank depot for oil and liquefied petroleum gas as well as related facilities in Myanmar. The Thai petro-chemical company’s chairman Attapol Rerkpiboon says the first gas station will open in Q4 this year. It recently signed agreements with the subsidiaries…

  • Thailand News

    Lampang serial masturbator caught red-handed

    PHOTO: Sanook A Lampang man was reported to police for masturbating at public toilets at a local petrol station. 28 year old Theerasak was taken to the scene at the PPT station with police, hopefully not to re-enact the crime. According to police, the maid at the PTT petrol station in the city district had earlier “shrieked in horror” when she…