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BUSINESS

State steps in as oil rockets to $100

Yuthana Praiwan, Published on 09/03/2026

» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.

BUSINESS

Thai oil retailers baulk at order to triple reserves

Yuthana Praiwan, Published on 06/03/2026

» Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.

BUSINESS

Regulator devises plan to secure LNG supply

Yuthana Praiwan, Published on 27/02/2026

» The Energy Regulatory Commission (ERC) is preparing contingency measures to secure liquefied natural gas (LNG) supply as tensions between the United States and Iran raise concerns over shipping routes in the Middle East.

BUSINESS

Thailand plans stricter power purchase rules for data centres

Yuthana Praiwan, Published on 30/01/2026

» Thailand plans to tighten the rules for investors in data centres and other businesses that use a large amount of electricity, requiring them to provide a bank guarantee or collateral to secure power purchases.

BUSINESS

Low-carbon economy push gains momentum

Yuthana Praiwan, Published on 16/01/2026

» Thailand is ready to pick up the pace as it moves toward a low-carbon economy following cabinet approval of the Climate Change Bill, according to acting Finance Minister Ekniti Nitithanprapas.

BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

BUSINESS

Powering up thriving data centres

Business, Yuthana Praiwan, Published on 15/11/2025

» Among the energy projects aligned with the state's "Quick Big Win" policy is a direct power purchase agreement (PPA) scheme scheduled to take effect as soon as January 2026.

BUSINESS

Thai fuel prices to fall by B0.50 a litre

Yuthana Praiwan, Published on 03/10/2025

» Retail fuel prices are being reduced by 50 satang per litre from 5am on Saturday as part of a series of government measures to ease the cost of living.

BUSINESS

PTTEP greenlights Thailand's 1st carbon capture project

Yuthana Praiwan, Published on 08/09/2025

» PTT Exploration and Production Plc (PTTEP) has given the green light to the development of Thailand's first carbon capture and storage (CCS) project at its Arthit gas field in the Gulf of Thailand.