Showing 1 - 10 of 385
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.
PTG denies fuel profiteering allegations
Business, Yuthana Praiwan, Published on 04/04/2026
» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.
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.
Depleted Oil Fuel Fund to apply for loan
Business, Yuthana Praiwan, Published on 01/04/2026
» Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund, following the announcement of the new cabinet under Prime Minister Anutin Charnvirakul.
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.
Gas price hike to push up Thai power bills
Business, Yuthana Praiwan, Published on 25/03/2026
» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.
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.
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.
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.
State steps in as oil rockets to $100
Yuthana Praiwan, Published on 09/03/2026
» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.