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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

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.

BUSINESS

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.

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

Higher power prices prompts push for solar

Business, Yuthana Praiwan, Published on 19/03/2026

» Small businesses and households are being urged to reduce their reliance on the state electricity grid and adopt solar power solutions, as global energy price volatility threatens to drive up costs, despite Thailand's capped power tariffs, according to solar firms.

BUSINESS

Climate pressure spurs Thailand's energy revamp

Business, Yuthana Praiwan, Published on 09/03/2026

» Thailand's clean power supply and energy trade are poised for changes under the draft Power Development Plan (PDP), which will shape the country's electricity landscape from 2026 to 2050.

BUSINESS

Thai oil retailers baulk at order to triple reserves

Yuthana Praiwan, Published on 06/03/2026

» Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.

BUSINESS

Local fuel prices capped for 15 days

Yuthana Praiwan, Published on 04/03/2026

» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.

BUSINESS

Low-carbon economy push gains momentum

Yuthana Praiwan, Published on 16/01/2026

» Thailand is ready to pick up the pace as it moves toward a low-carbon economy following cabinet approval of the Climate Change Bill, according to acting Finance Minister Ekniti Nitithanprapas.