Showing 1 - 10 of 19
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.
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 law changes put on hold
Business, Yuthana Praiwan, Published on 21/01/2026
» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.
Bangchak unit invests in sustainable data centres
Business, Yuthana Praiwan, Published on 26/06/2025
» More energy firms are venturing into the data centre business, with BCPG Plc, the power generation arm of energy conglomerate Bangchak Corporation, becoming the latest to co-invest in sustainable data centre development.
Global Power Synergy set to benefit from rising electricity demand
Business, Yuthana Praiwan, Published on 19/02/2025
» Demand for electricity in Thailand, which is expected to increase this year, will boost revenue for SET-listed Global Power Synergy (GPSC) after it experienced a slight drop in earnings in 2024.
PTT report sees oil prices decreasing
Business, Yuthana Praiwan, Published on 29/01/2025
» Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by national oil and gas conglomerate PTT Plc.
LNG prices to keep power bills stable
Business, Yuthana Praiwan, Published on 06/11/2024
» Liquefied natural gas (LNG) prices are likely to stay unchanged in early 2025, putting less pressure on the authorities preparing to calculate a new power tariff for electricity bills between January and April next year, says the Electricity Generating Authority of Thailand (Egat).
Solutions sought for huge oil fund debt
Business, Yuthana Praiwan, Published on 05/09/2024
» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.
Fresh call for Cambodian talks on untapped fuel field
Business, Yuthana Praiwan, Published on 13/08/2024
» The Petroleum Institute of Thailand is pushing energy and foreign affairs authorities to engage in talks with Cambodia on joint petroleum production in the overlapping claims area (OCA), as there has been no progress on the issue since early this year.
Fuel subsidies ‘only for the needy’ proposed
Yuthana Praiwan, Published on 02/08/2024
» The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal.