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Search Result for “cost optimization”

Showing 1 - 10 of 493

BUSINESS

Huge loan needed to finance fuel subsidies

Business, Yuthana Praiwan, Published on 04/04/2026

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

Oil refineries in the spotlight

Business, Yuthana Praiwan, Published on 04/04/2026

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

BUSINESS

Bangchak, OR resume B20 sales to reduce fuel costs

Business, Yuthana Praiwan, Published on 30/03/2026

» Two SET-listed energy firms, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years as Thai authorities intensify efforts to diversify energy sources and reduce reliance on imported oil.

BUSINESS

Petroleum and Energy Institute of Thailand denies oil refineries profiting from war

Business, Yuthana Praiwan, Published on 27/03/2026

» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.

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

PTG confirms plans to raise refined oil reserves

Business, Yuthana Praiwan, Published on 13/03/2026

» PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.

BUSINESS

Banpu consolidation drives clean energy transition

Business, Yuthana Praiwan, Published on 05/03/2026

» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.

BUSINESS

Local fuel prices capped for 15 days

Yuthana Praiwan, Published on 04/03/2026

» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.

SUSTAINABILITY

Thailand finally gets serious about climate action

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand is preparing to enforce its first climate change law, a landmark step that could reshape the country's economy and environmental policy for decades to come.

BUSINESS

Petrochemical sector faces stagnant year

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.