Showing 1 - 10 of 60
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.
New gas shipment heading to Thailand
Business, Yuthana Praiwan, Published on 17/03/2026
» Thailand is set to receive a new shipment of liquefied natural gas (LNG) from overseas, ensuring adequate fuel for power generation as electricity demand surges during the hot season, according to an energy official who requested anonymity.
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).
Offshore oil auction bidding to start soon
Business, Yuthana Praiwan, Published on 11/12/2025
» Thailand is to invite bids for offshore oil and gas exploration in the Andaman Sea, with cabinet approval expected by the end of this month, according to Energy Ministry permanent secretary Prasert Sinsukprasert.
Oil auction winners to be announced next month
Business, Yuthana Praiwan, Published on 25/11/2025
» Energy officials plan to announce the winners of the country's 25th onshore petroleum auction next month, a move meant to increase reserves and strengthen long-term economic growth.
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).
Gulf acquires hydropower project in Laos for $128m
Yuthana Praiwan, Published on 23/07/2025
» SET-listed Gulf Development, a telecom operator and Thailand’s largest energy company by market value, has purchased the entire shareholding of the Pak Lay hydropower project in Laos for US$128 million to boost its renewable power generation and revenue by supplying electricity to Thailand.
5 firms compete for oil licences
Business, Yuthana Praiwan, Published on 18/07/2025
» Five Thai and foreign energy firms are vying for licences on new onshore petroleum exploration and production projects, part of the state's latest efforts to boost the economy, says the Department of Mineral Fuels.