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Thailand’s oil giant is going on a green spending spree

Business Aug 13, 2021

Thailand’s oil giant is going on a green spending spree

by Anuchit Nguyen and Randy Thanthong-Knight

Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric vehicle and renewable energy companies and tilting its traditional businesses toward chemicals and plastics. PTT Pcl announced investments of almost $10 billion since ...

Thai oil magnate bets billions on fueling stations of the future

Business Mar 29, 2021

Thai oil magnate bets billions on fueling stations of the future

by Chayut Setboonsarng

The head of Thailand's biggest gas station network has $1.5 billion that says motorists will soon be stocking up on a different kind of fuel — coffee. That's the bet that Jiraporn Kaosawad, Chief Executive of PTT Oil and Retail Business (PTTOR), is placing on ...

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