Showing 91-100 of 1,827 results
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Petrol, gasohol prices down Friday
Online Reporters, Published on 07/07/2022
» Retail prices of petrol and all types of gasohol except E85 will drop by 3 baht per litre, E85 by 1.8 baht per litre, on Friday morning. Diesel prices remain unchanged.
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Oil marketing margin defended
News, Post Reporters, Published on 07/07/2022
» The Energy Ministry has defended its oil marketing margin, which is partly blamed for keeping fuel prices high, saying the situation is under control despite two former finance ministers urging the government to do better in shoring up the depleted Oil Fuel Fund.
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Controversial fuel windfall tax facing delay
Business, Yuthana Praiwan, Published on 01/07/2022
» The government's controversial plan to collect a windfall tax from oil refineries to support the dwindling Oil Fuel Fund may face a one-month delay because of legal complications in charging the new tax, says a source from a refinery company.
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Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
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Hardship by the gross
News, Editorial, Published on 27/06/2022
» Amid skyrocketing fuel prices, many people and even some politicians have begun to question the profits being made by private refineries. The issue angering critics and consumers is what is known as the gross refining margin, or GRM, of local oil refineries.
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Refineries hit back at tax
Business, Yuthana Praiwan, Published on 24/06/2022
» A proposal to temporarily charge a tax on the oil refinery margin appears to be a last-ditch effort by the government to control soaring energy prices, but major refineries question the move aimed at trimming some of their profits.
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Refiners deny profit tally
Business, Yuthana Praiwan, Published on 21/06/2022
» The Petroleum Refining Industry Club, a unit of the Federation of Thai Industries, has insisted the current gross refinery margin (GRM) is reasonable, rebutting an accusation that oil companies are overcharging customers for refined oil.
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Oil refiners deny Korn's claim of profiteering during hardship
Online Reporters, Published on 20/06/2022
» Oil refinery bosses on Monday broke a long silence to deny Kla Party leader Korn Chatikavajin's accusation they are reaping fat benefits though the gross refinery margin while consumers suffer from high pump prices.
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Explainer: Moving to curb pump prices
News, Aekarach Sattaburuth, Published on 18/06/2022
» Lowering the gross refining margin is a top priority for the government.
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Korn urges B60bn loan for Oil Fund
News, Aekarach Sattaburuth, Published on 17/06/2022
» Korn Chatikavanij, a former finance minister and now leader of the Kla Party, suggested the government provide an additional 60-billion-baht loan to improve the liquidity of the Oil Fuel Fund.
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