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Search Result for “act”

Showing 1 - 10 of 59

BUSINESS

Oil drilling set to increase

Business, Yuthana Praiwan, Published on 07/02/2026

» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.

BUSINESS

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.

BUSINESS

Call to reform outdated oil laws to protect energy security

Business, Yuthana Praiwan, Published on 13/01/2026

» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.

BUSINESS

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).

BUSINESS

Elenergy expects greater demand for electric trucks

Business, Yuthana Praiwan, Published on 25/01/2025

» Growing concern over carbon dioxide emitted from oil-fuelled tractor trucks is expected to cause operators to buy more electric trucks, says Elenergy, a local distributor of battery-powered tractors made by China's Geely Automobile.

BUSINESS

Thailand reaffirms green pledges

Business, Yuthana Praiwan, Published on 06/01/2025

» Despite an unimpressive end to COP29, the 2024 UN Climate Change Conference held in Baku, Azerbaijan, Thailand remains committed to its campaign to reduce carbon dioxide emissions, with a view to accelerating its progress.

BUSINESS

Ministry to ease blow of subsidy ending

Business, Yuthana Praiwan, Published on 07/11/2024

» The Energy Ministry is planning to launch measures to soften the impact of expiring biofuel price subsidies in 2027, as the fuels become more expensive, affecting palm and sugar cane growers.

BUSINESS

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.

BUSINESS

Effort to reduce energy subsidies wins backing

Business, Yuthana Praiwan, Published on 10/08/2024

» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.

BUSINESS

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.