Showing 1 - 10 of 123
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.
PTT Oil and Retail Business to start building hotels in petrol stations next year
Business, Yuthana Praiwan, Published on 24/11/2025
» PTT Oil and Retail Business Plc (OR), the oil trading arm of PTT Plc, will finalise its long-delayed budget hotel investment project next month, according to Wilaiwan Kanjanakanti, senior executive vice-president for finance and chief financial officer.
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.
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
OR sees buoyant performance this year
Business, Yuthana Praiwan, Published on 13/02/2025
» PTT Oil and Retail Plc (OR) is upbeat about a stronger performance this year than last, when it experienced a decline in total revenue.
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.
Fuel consumption sees 2% rise year-over-year
Business, Yuthana Praiwan, Published on 10/01/2025
» Total fuel consumption during the first 11 months of last year rose by 2% year-on-year, in line with slow economic growth estimated to range from 2.6-2.7% in 2024, says the Department of Energy Business.