Showing 31 - 40 of 10,000
Oil fund loss likely to evaporate in H2
Yuthana Praiwan, Published on 06/05/2025
» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.
World's biggest fund dumping oil and gas stocks
Published on 08/03/2019
» OSLO: The world’s biggest sovereign wealth fund, which derives its $1 trillion in assets from oil and gas revenues, is bailing out of oil and gas stocks.
Oil fund tapped to keep biodiesel B10 affordable
News, Post Reporters, Published on 01/10/2021
» The Energy Ministry will use the State Oil Fund to keep the retail price of biodiesel B10 from going above 30 baht per litre.
Loans capped for Oil Fund to be lifted
Chatrudee Theparat, Published on 09/03/2022
» The National Energy Policy Committee (NEPC) on Wednesday resolved to remove the 40-billion-baht cap on loans to support the Oil Fund in the wake of the Russian invasion of Ukraine.
GSB ready to assist THAI, Oil Fuel Fund
Business, Wichit Chantanusornsiri, Published on 24/05/2022
» The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.
Govt readies B150bn loan guarantee for oil fund
Reuters, Published on 16/08/2022
» The cabinet on Tuesday approved a law to guarantee up to 150 billion baht (US$4.23 billion) in loans for the state oil fund to support energy prices as the government fights inflation, according to a government source and media reports.
Executive decree urged to boost Oil Fuel Fund
News, Phusadee Arunmas, Published on 18/08/2022
» Deputy Prime Minister and Energy Minister Supattanapong Panmeechaow yesterday emphasised the need for an executive decree that would enable the Finance Ministry to guarantee a loan of 150 billion baht for the Oil Fuel Fund, as well as additional measures to help vulnerable groups.
Minister advises caution on Oil Fuel Fund loan
Business, Wichit Chantanusornsiri, Published on 18/08/2022
» Finance Minister Arkhom Termpittayapaisith suggested the Oil Fuel Fund should focus on its own revenue and expense management first to increase liquidity before turning to borrowing as a last resort.
Ministry eyes ongoing use of Oil Fuel Fund
Business, Phusadee Arunmas, Published on 24/04/2024
» The Finance Ministry has recommended using the Oil Fuel Fund to sustain the subsidy for retail diesel prices, noting the fund has sufficient capacity to support the government's diesel subsidy programme.
Oil Fuel Fund set to be replenished next month
Business, Yuthana Praiwan, Published on 24/03/2022
» The Oil Fuel Fund Office (Offo) expects to obtain the first portion of loans as part of a total of 20 billion baht from commercial banks next month as its fund, used to subsidise energy prices, is nearly empty.