Showing 1 - 10 of 26
Huge loan needed to finance fuel subsidies
Business, Yuthana Praiwan, Published on 04/04/2026
» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.
Getting a handle on the oil confusion
Business, Yuthana Praiwan, Published on 21/03/2026
» An oil shortage at some petrol stations over the past week raised doubts as it contradicts the government's assurances of a stable fuel supply.
Ethanol output cranked up to meet E20 demand
Business, Yuthana Praiwan, Published on 20/03/2026
» Ethanol manufacturers are increasing production to serve growing demand for gasohol E20, aligning with the government's efforts to reduce Thailand's reliance on oil imports.
Oil transport bolstered to guarantee filling station supplies
Business, Yuthana Praiwan, Published on 17/03/2026
» Energy authorities are moving swiftly to streamline oil logistics in a bid to accelerate fuel deliveries to filling stations grappling with shortages caused by surging demand amid the ongoing US-Israeli war with Iran, which has disrupted global supply routes, according to the Department of Energy Business (DOEB).
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.
Surge in demand for jet fuel during first 5 months
Business, Yuthana Praiwan, Published on 10/07/2025
» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said 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.
Oil price could hammer indebted fuel fund
Business, Yuthana Praiwan, Published on 07/10/2024
» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.
Travel demand benefits BAFS
Business, Yuthana Praiwan, Published on 17/09/2024
» Thailand's aviation industry is poised for continued growth, driven by increasing travel and rising demand for jet fuel, according to Bangkok Aviation Fuel Services Plc (BAFS).
Susco, IFS launch Beyond Leasing
Business, Yuthana Praiwan, Published on 31/07/2024
» SET-listed Susco Plc, a local oil retailer, is putting a greater emphasis on non-oil businesses by establishing electric vehicle (EV) and car financing businesses as part of its efforts to depend less on the oil trade, which is prone to global price fluctuations.