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BUSINESS

Long break eases pressure on oil reserves

Business, Yuthana Praiwan, Published on 09/04/2026

» The long holiday during the Songkran festival may ease pressure on Thailand's oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

BUSINESS

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.

BUSINESS

Thai oil crisis eases after state takes action

Business, Yuthana Praiwan, Published on 24/03/2026

» The Department of Energy Business (DOEB) says Thailand's fuel shortage crisis is beginning to ease following a series of government interventions aimed at stabilising supply and distribution.

BUSINESS

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.

BUSINESS

Penalties vowed for gas gouging

Business, Yuthana Praiwan, Published on 20/03/2026

» Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.

BUSINESS

PTG confirms plans to raise refined oil reserves

Business, Yuthana Praiwan, Published on 13/03/2026

» PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.

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

Petrochemical sector faces stagnant year

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.

BUSINESS

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.