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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

Local fuel prices capped for 15 days

Yuthana Praiwan, Published on 04/03/2026

» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.

BUSINESS

PTT seeks global LNG player status

Business, Yuthana Praiwan, Published on 24/02/2026

» National oil and gas conglomerate PTT Plc has unveiled plans to transform itself into a global liquefied natural gas (LNG) trading firm, marking a major shift from its role as Thailand's LNG importer a decade ago.

BUSINESS

Egat makes B31bn investment to upgrade EEC power system

Business, Yuthana Praiwan, Published on 16/02/2026

» The Electricity Generating Authority of Thailand (Egat) is spending 31 billion baht to upgrade the power transmission system in the Eastern Economic Corridor (EEC), in a bid to ease a bottleneck for electricity supply to data centre development projects.

BUSINESS

Declining prices set to ease Oil Fuel Fund Office's burden

Business, Yuthana Praiwan, Published on 06/11/2025

» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).

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

PSP Specialties anticipates prospects for sales growth

Business, Yuthana Praiwan, Published on 27/08/2025

» Thailand's engine oil exports continue to experience significant growth despite the US reciprocal tariff policy, thanks to demand from China and Southeast Asia, says Thai lubricant manufacturer PSP Specialties Plc.

BUSINESS

Authorities keen to improve gas usage

Business, Yuthana Praiwan, Published on 06/05/2025

» Energy authorities are planning to decrease electricity prices following a recent reduction in the power tariff by pushing for a plan to better manage gas usage in the country, says an Energy Ministry official.

BUSINESS

Electricity bills reduced for next 4 months

Yuthana Praiwan, Published on 30/04/2025

» Household power bills should come down after the Energy Regulatory Commission resolved on Wednesday to reduce electricity tariff from 4.15 baht to 3.98 baht per kilowatt hour (unit) for the next four months, from Thursday .

BUSINESS

Solar firm’s case against Thai state utility dismissed

Business, Yuthana Praiwan, Published on 22/04/2025

» The Central Administrative Court has dropped a lawsuit filed by solar farm developer SPCG Plc which requested compensation of 3.7 billion baht from the state-run Provincial Electricity Authority (PEA) for its subsidiary due to the cancellation of the subsidiary's right to develop and operate a solar farm to supply power to the PEA.