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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

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.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.

BUSINESS

Bangchak seeks e-fuel project partners

Business, Yuthana Praiwan, Published on 07/10/2025

» SET-listed Bangchak Corporation is seeking partners to conduct e-fuel research and development in a move to replace fossil-derived fuels, which are blamed for increasing carbon dioxide emissions.

BUSINESS

Diesel price stays at B32 per litre

Business, Yuthana Praiwan, Published on 18/06/2025

» The domestic diesel price in Thailand will remain unchanged at 32 baht a litre, even though the Israel-Iran conflict has pushed up world oil prices, the Oil Fuel Fund Office (Offo) said on Tuesday.

BUSINESS

Ratch allots B15bn for capacity

Business, Yuthana Praiwan, Published on 15/03/2025

» SET-listed Ratch Group, the power generation arm of Electricity Generating Authority of Thailand, is funnelling 15 billion baht into power generation capacity expansion this year, steering away from new investment in non-power businesses.

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

Ratch to focus on renewable energy

Yuthana Praiwan, Published on 26/08/2024

» SET-listed Ratch Group, the power generation arm of the Electricity Generating Authority of Thailand, is revising its non-power businesses due to uncertainties about its future revenue and will focus more on electricity generation, especially in the renewable energy sector.

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.

BUSINESS

EA keen on revenue from sustainable jet fuel

Business, Yuthana Praiwan, Published on 21/12/2023

» SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, is developing a sustainable aviation fuel (SAF) factory, hoping to create a new revenue source for the company.