Showing 1 - 10 of 76
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.
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.
Solar firm’s case against Thai state utility dismissed
Business, Yuthana Praiwan, Published on 22/04/2025
» The Central Administrative Court has dropped a lawsuit filed by solar farm developer SPCG Plc which requested compensation of 3.7 billion baht from the state-run Provincial Electricity Authority (PEA) for its subsidiary due to the cancellation of the subsidiary's right to develop and operate a solar farm to supply power to the PEA.
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.
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.
Thai Oil considers change in contractors
Business, Yuthana Praiwan, Published on 24/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, will consider changing the contractors of its new oil refinery under the Clean Fuel Project (CFP) if the ongoing dispute over unpaid wages for construction workers cannot be settled, causing a further delay of the project.
Minister vows to keep lid on fuel and power prices
Yuthana Praiwan, Published on 17/10/2024
» Energy Minister Pirapan Salirathavibhaga insists that the government will continue to cap domestic energy prices, notably diesel and electricity, to help consumers and businesses deal with the economic slowdown.
Travel demand benefits BAFS
Business, Yuthana Praiwan, Published on 17/09/2024
» Thailand's aviation industry is poised for continued growth, driven by increasing travel and rising demand for jet fuel, according to Bangkok Aviation Fuel Services Plc (BAFS).
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.