Showing 1 - 10 of 31
Oil refineries in the spotlight
Business, Yuthana Praiwan, Published on 04/04/2026
» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.
Calls grow to control oil refinery pricing
Business, Yuthana Praiwan, Published on 31/03/2026
» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.
Petroleum and Energy Institute of Thailand denies oil refineries profiting from war
Business, Yuthana Praiwan, Published on 27/03/2026
» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.
Refiners assure oil supply adequate amid panic buying
Yuthana Praiwan, Published on 13/03/2026
» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.
Demand shifts result in national oil plan rejig
Business, Yuthana Praiwan, Published on 17/12/2025
» The new national oil plan (NOP), which maps out long-term oil usage for the country, is expected to have several revisions as a result of projected shifts in global oil demand, the popularity of electric vehicles (EVs) and data centres, says the Department of Energy Business (DOEB).
Bombed PTT station to get compensation
Business, Yuthana Praiwan, Published on 05/08/2025
» Insurance companies cannot cite war as a reason for refusing to pay compensation to the owner of a PTT petrol station in Si Sa Ket, which was struck by a Cambodian rocket late last month, says the Office of Insurance Commission (OIC).
Gunkul banking on new PDP
Business, Yuthana Praiwan, Published on 04/09/2024
» SET-listed Gunkul Engineering, a renewable energy developer and construction firm, expects its revenue to double, reaching 20 billion baht by 2030, thanks to the new power development plan (PDP) that promotes greater use of clean power.
B190bn windfall from renewable shift
Business, Yuthana Praiwan, Published on 31/08/2024
» Power companies are expected to rack up an additional 190 billion baht from electricity sales to the government as Thailand shifts towards greater use of renewable power between 2024 and 2037, says Krungthai Compass, the research unit of Krungthai Bank.
Global Green Chemicals eyes income boost from new businesses
Business, Yuthana Praiwan, Published on 22/02/2024
» SET-listed Global Green Chemicals (GGC), the biochemical arm of PTT Global Chemical, expects to rake in more revenue from two new businesses -- food supplements and drugs -- by taking advantage of its expertise in the biochemical industry.
Bangchak doubles down on oil and gas
Business, Yuthana Praiwan, Published on 25/03/2023
» The age of renewable energy, with electric vehicles (EVs) predicted to dominate the transport sector, has not swayed energy conglomerate Bangchak Corporation Plc from the oil and gas business.