Showing 1 - 10 of 134
Call for jet fuel tax break as costs soar
Business, Yuthana Praiwan, Published on 07/04/2026
» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.
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.
Carbon rules reshape Thai business as CBAM looms
Business, Yuthana Praiwan, Published on 09/02/2026
» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.
PTTEP to divest from Mexican site
Business, Yuthana Praiwan, Published on 14/08/2025
» SET-listed PTT Exploration and Production (PTTEP) is pushing ahead with its plan to exit the petroleum business in Mexico, in line with the company's business restructuring to invest in other regions.
Surge in demand for jet fuel during first 5 months
Business, Yuthana Praiwan, Published on 10/07/2025
» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said the Department of Energy Business.
Thais reassured about oil supplies after strikes on Iran
Yuthana Praiwan, Published on 13/06/2025
» Thailand has sufficient oil for 60 days of use as concern over energy supply disruptions grows following Israel’s attacks on Iranian nuclear sites, the Department of Energy Business said on Friday.
Bangchak puts SAF return on investment at 5-7 years
Business, Yuthana Praiwan, Published on 08/04/2025
» Energy conglomerate Bangchak Corporation Plc expects it will be 5-7 years before it generates enough revenue to recoup its investment in sustainable aviation fuel (SAF), though some prospective customers have postponed plans to legally require aircraft operators to use this biofuel.
Oil prices set to fall amid trade war
Business, Yuthana Praiwan, Published on 11/02/2025
» Global oil prices are expected to fall below US$70 per barrel this week, following the tariff policy announced by US President Donald Trump which has already triggered a new round of the trade war and threatens to affect the international economy, says Thai Oil Plc, Thailand's largest oil refinery by volume.
Fuel consumption up in line with GDP last year
Business, Yuthana Praiwan, Published on 07/02/2025
» Fuel consumption rose by 2.1% last year to 155.4 million litres per day (MLD), in line with estimated GDP growth of 2.6-2.7%, which was driven by tourism-related businesses, says the Department of Energy Business.
PTT evaluating prospects for non-oil subsidiary GML
Business, Yuthana Praiwan, Published on 20/01/2025
» National oil and gas conglomerate PTT Plc continues to consider its investment plans in non-oil businesses, including logistics unrelated to petroleum products.