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BUSINESS

Fuel usage declined 0.2% in 2025

Business, Yuthana Praiwan, Published on 13/02/2026

» Thailand's total fuel consumption dipped slightly last year, falling by 0.2% year-on-year due to the economic slowdown, says the Department of Energy Business (DOEB).

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

Bangchak closes deal to purchase Esso

Business, Yuthana Praiwan, Published on 01/09/2023

» Energy conglomerate Bangchak Corporation Plc (BCP) has announced the closure of the deal to purchase Esso Thailand Limited from ExxonMobil Asia Holdings Pte.

BUSINESS

OR records heavy decrease in 2020 profit, revenue

Business, Yuthana Praiwan, Published on 19/02/2021

» PTT Oil and Retail Business Plc (OR) recorded a 19.3% decrease in 2020 net profit from 8.8 billion baht in 2019, while revenue fell by 25.7% to 429 billion baht because of a mix of factors from the oil price plunge to higher depreciation expenses and profit calculations under a new accounting standard.

BUSINESS

ERC launches off-peak power stimulus effort

Business, Yuthana Praiwan, Published on 12/06/2018

» The Energy Regulatory Commission (ERC) has launched a new programme to encourage large power consumers nationwide to avoid electricity usage during peak hours in an effort to cut budget expenditure for the development of new power plants over the next decade.

BUSINESS

DOEB spots rising fuel consumption in 2018

Business, Yuthana Praiwan, Published on 23/02/2018

» Thailand's fuel consumption is expected to grow by 3.5% this year to 155 million litres per day from 150 million litres last year, thanks to the domestic economic recovery, says the Department of Energy Business (DOEB).