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Search Result for “conflict”

Showing 1 - 10 of 50

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

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

Opec production increase expected to keep oil prices low

Business, Yuthana Praiwan, Published on 08/07/2025

» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.

BUSINESS

Electricity unlikely to become more expensive this year

Yuthana Praiwan, Published on 03/07/2025

» Electricity bills are unlikely to become more expensive later this year as authorities plan to manage power tariffs to avoid increasing the financial burden on people amid a sluggish economy, says Energy Minister Pirapan Salirathavibhaga.

BUSINESS

PTT Oil and Retail Business says Cambodian oil ban will not affect firm

Business, Yuthana Praiwan, Published on 24/06/2025

» SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia's ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.

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

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.

BUSINESS

Oil price could hammer indebted fuel fund

Business, Yuthana Praiwan, Published on 07/10/2024

» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.

BUSINESS

PTT unit inks deal to buy LNG from Oman

Business, Yuthana Praiwan, Published on 13/09/2024

» PTT International Trading, a subsidiary of PTT Plc, has continued its commitment to gas price stability by securing a five-year contract to buy 300,000 tonnes of liquefied natural gas (LNG) from Oman.

BUSINESS

Enhancing the nation's oil security

Business, Yuthana Praiwan, Published on 18/07/2024

» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.