Showing 1 - 10 of 602
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.
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.
Calls grow to control oil refinery pricing
Business, Yuthana Praiwan, Published on 31/03/2026
» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.
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.
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.
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.
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.
Thai oil retailers baulk at order to triple reserves
Yuthana Praiwan, Published on 06/03/2026
» Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.
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.
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.