Showing 1 - 10 of 56
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
Fuel consumption up in line with GDP last year
Business, Yuthana Praiwan, Published on 07/02/2025
» Fuel consumption rose by 2.1% last year to 155.4 million litres per day (MLD), in line with estimated GDP growth of 2.6-2.7%, which was driven by tourism-related businesses, says the Department of Energy Business.
Fuel consumption sees 2% rise year-over-year
Business, Yuthana Praiwan, Published on 10/01/2025
» Total fuel consumption during the first 11 months of last year rose by 2% year-on-year, in line with slow economic growth estimated to range from 2.6-2.7% in 2024, says the Department of Energy Business.
Thai Oil sinks additional $1.7bn into new refinery
Business, Yuthana Praiwan, Published on 23/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, aims to allocate an additional US$1.7 billion (63 billion baht) to support the development of a new oil refinery in Chon Buri's Si Racha district under the Clean Fuel Project (CFP), which is near completion.
PTTEP allots $21.2bn to 5-year strategy
Business, Yuthana Praiwan, Published on 23/12/2024
» PTT Exploration and Production Plc (PTTEP) is preparing to allocate a budget of US$21.2 billion to fuel its core business and support decarbonisation plans over the next five years.
Cooking gas prices unchanged
Business, Yuthana Praiwan, Published on 18/12/2024
» Domestic cooking gas prices will remain unchanged at 423 baht per 15-kilogramme cylinder until the end of March next year, though this increases the financial burden for the debt-ridden state Oil Fuel Fund, says the Energy Policy Administration Committee (EPAC).
BBGI predicts higher 2025 revenue
Business, Yuthana Praiwan, Published on 11/12/2024
» The launch of two new bio-based products is expected to help drive revenue next year for BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation, says senior executive vice-president Daechapon Lersuwanaroj.
Prima Marine sees better performance next year
Business, Yuthana Praiwan, Published on 04/12/2024
» SET-listed Prima Marine, a provider of marine transport as well as crude oil and petroleum product storage, expects a better performance next year, driven by long-term charter contracts and a focus on certain industry services.
Feeding energy-hungry AI tech advances
News, Yuthana Praiwan, Published on 02/12/2024
» The growing popularity of artificial intelligence (AI) technology as a powerful new tool is raising questions of how the world can supply sufficient energy to resource-hungry AI while countries are shifting to clean energy.
PTT ramps up drive to reduce CO2 emissions
Business, Yuthana Praiwan, Published on 27/11/2024
» National oil and gas conglomerate PTT Plc is stepping up efforts to reduce carbon dioxide emissions from its businesses by adopting carbon capture technology and preparing to run a trial on hydrogen usage to depend less on fossil fuels.