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GENERAL

Power bills capped for the rest of the year

Business, Published on 24/07/2024

» The cabinet has approved the capping of power bills at 4.18 baht per unit until the end of the year and set the diesel price ceiling at 33 baht per litre until Oct 31.

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OPINION

When climate commitments fall short

News, Rapeepat Ingkasit, Published on 24/07/2024

» By early next year, Thailand and other countries are expected to update national climate commitments under the Paris Agreement, known as nationally determined contributions (NDCs). The Paris Agreement mandates that nations submit new NDCs every five years, with each round more ambitious than the last. These NDCs are essential for countries to collectively tackle the global climate crisis.

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GENERAL

Enhancing the nation's oil security

Business, Yuthana Praiwan, Published on 18/07/2024

» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.

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THAILAND

Military wants B300m redevelopment of northern Thai oilfield

News, Wassana Nanuam, Published on 10/07/2024

» Fang oilfield in Chiang Mai, the oldest oilfield in Thailand, is to be redeveloped at a cost of 300 million baht, according to the Defence Energy Department's Northern Petroleum Development Centre (NPDC).

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GENERAL

Thai oil plan faces rocky financial road

Business, Yuthana Praiwan, Published on 08/07/2024

» The government's plan to develop Thailand's strategic petroleum reserve (SPR) faces resistance from executives in the oil refining and ethanol production sectors, who point to financial challenges.

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GENERAL

Inflation in Q3 expected to be low

Business, Phusadee Arunmas, Published on 06/07/2024

» Headline inflation in the third quarter is expected to be low, similar to the previous quarter, while it is likely to increase to 1% in the fourth quarter, aligning with the inflation target for the full year.

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GENERAL

Oil price-control proposal draws fire

Published on 05/07/2024

» Energy executives are challenging an attempt by the Ministry of Energy to amend the law to give it more power to control oil prices.

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ADVANCED NEWS

Sub ordered by Thailand ‘offered to Indonesia’

Published on 05/07/2024

» China is reportedly offering to sell Indonesia a half-built submarine originally ordered by Thailand, and claims it will include a German-made engine if that is what Jakarta wants.

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GENERAL

Fuel consumption decreases 0.4%

Business, Yuthana Praiwan, Published on 05/07/2024

» Thailand's total fuel consumption dipped by 0.4% year-on-year to 157.1 million litres per day (MLD) between January and May, attributed to higher energy prices and the country's economic slowdown, says the Department of Energy Business.

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THAILAND

Cabinet to see Red Line extension plan ‘soon’

Supoj Wancharoen, Published on 04/07/2024

» The plan to build the first extension for the Red Line electric rail system from Rangsit to Thammasat University is ready to be submitted to the cabinet, according to the Ministry of Transport.