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The Latest Breaking News from Gulf

Gulf kicks off Chon Buri gas-fired plant

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, continues to ramp up growth of its energy business by selling electricity from its newly built gas-fired power generation unit in Chon Buri.

Bangkok Post

Gulf expands in US with gas purchase

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

Bangkok Post

Gulf Energy invests $409m for 49% stake in US gas-fired plant

SET-listed Gulf Energy Development (Gulf) on Friday said it has invested US$409 million in a 49% stake in Jackson Generation, a 1,200-megawatt natural gas-fired power project in Illinois, its first expansion into the United States.

Bangkok Post

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Gulf vows to stick with Binance deal

The scrapped Siam Commercial Bank (SCB)-Bitkub investment deal has not deterred Gulf Energy Development from its decision to venture into the digital asset business, with the company saying it was determined to benefit from the latest trend in new technology.

Bangkok Post

Speculation mounts over future role of AIS chief executive

Somchai Lertsutiwong, chief executive of leading mobile operator Advanced Info Service (AIS), is tipped to be requested to continue in his current role for another one or two years or become an adviser to the new leadership after his retirement at the end of this year, according to industry sources.

Bangkok Post

Gulf increases capital spending by 20%

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has increased its capital spending by 20% to 120 billion baht as it plans to acquire more new assets in the clean energy sector.

Bangkok Post

Global markets advance, foreigners power SET

RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

Bangkok Post

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Petrol station owner taking on supermarkets in fuel price war as boss aims to be cheapest in region

Robin Bawa of Gulf, Burnpark Services, has been aiming to keep his prices lower than the likes of Tesco just up the road.

Daily Record

Gulf, Bangchak banking on sustainable innovations

Gulf Energy Development Plc and energy conglomerate Bangchak Corporation are determined to promote clean energy and energy technology innovations, aiming to pave the way for sustainable growth.

Bangkok Post

Gulf issues debentures worth B35bn

Gulf Energy Development Plc has successfully issued debentures worth 35 billion baht this month.

Bangkok Post

Gulf sells 50% stake in German wind farm for B11bn

SET-listed Gulf Energy Development has divested a 50% equity stake in the Borkum Riffgrund 2 offshore wind power project in Germany to the Keppel Group for around 11 billion baht.

Bangkok Post

Gulf unit invests in climate fund

Gulf International Investment (Hong Kong) Ltd (Gulf HK), a wholly owned subsidiary of Gulf Energy, has entered into a subscription agreement to invest €75 million, or about 2.7 billion baht, in Lightrock Climate Impact Fund SCSp (LCI Fund).

Bangkok Post

Scots community are saving thousands after buying disused petrol station

The fuel station is now processing 21,000 litres per week, and between 400,000 and 500,000 litres per year.

Daily Record

'We bought a petrol station - and now we're saving families £1,000-a year'

Community council chairman Greg Cuthbert says the petrol station has been a 'godsend' since its reintroduction four years ago after being paid for with National Lottery funding

Daily Mirror

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The Independent UK

2022 World Cup: Qatar hotels accused of failing to end ‘abusive recruitment practices’

Human rights concerns continue to surround Fifa’s showpiece event just months before it starts

Edinburgh Live

The cheapest Edinburgh fuel garages as motorists face forking out £2-a-litre

The RAC has issued a warning that fuel prices could hike to £2 per-litre in a few months time, with the cost of filling up a family car reaching the £100 mark. These are the current cheapest options within Edinburgh and the Lothians

Bangkok Post

Sarath steps aside from InTouch role

Energy tycoon Sarath Ratanavadi has stepped down as vice-chairman of the board of InTouch Holdings following a crucial restructuring of the firm, which saw a major downsizing and the elimination of four business units.

Bangkok Post

Gulf core profit gains 36% in Q1

SET-listed Gulf Energy Development recorded a core profit of 3.25 billion baht in the first quarter of 2022, a rise of 36% from the previous year.

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Bangkok Post

Gulf nets 4 HR awards

Gulf Energy Development Plc received four awards from the World HRD Congress, an independent organisation recognising achievements in human resource management, at three separate events.

Bangkok Post

Gulf Energy finalises Binance.US investment

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has concluded a deal to invest in a digital asset exchange service of the US-based Binance.US through seed funding of an unspecified amount as it continues to grow its digital technology business.

Bangkok Post

Carbon neutral quest

Setting net-zero targets has moved higher on many Asian corporate agendas.

Chronicle Live

The cheapest places to buy petrol in the North East as prices soar

While petrol prices rise, one very small crumb of comfort is that the North East is one of the cheapest places to fill you car up

Bangkok Post

Gulf Energy to seal crypto JV with Binance in Q2

Power producer Gulf Energy Development Plc expects to finalise a joint venture with the world's biggest cryptocurrency exchange, Binance, in the second quarter this year, a senior executive told Reuters in an interview.

Bangkok Post

Gulf moves into Chiang Mai energy

Gulf Energy Development Plc, Thailand's largest private power producer by capital market, has acquired Chiang Mai Waste To Energy Co to operate an electricity generation facility as it aims to boost the renewable energy business and tackle increasing amounts of garbage.

Bangkok Post

Binance entry set to change industry

Binance's entry into the Thai digital asset industry should increase competition, decrease trading fees and encourage productivity and improvements in service quality, according to leading market participants.

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