Climate ChangeEnergyGreen BusinessThailand

Thailand’s Oil Giant Is Going on a Green Spending Spree

By August 17, 2021December 5th, 2023No Comments

With more than $10 billion in new investments including an electric vehicle manufacturer and renewable energy projects in Vietnam and India, Thailand’s PTT Group—a state-controlled oil giant—appears to be betting big on sustainability.

What is behind the company’s diversification play and do these moves signal a future shift in Thailand’s energy strategy in the face of climate change?