Showing 1 - 10 of 113
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.
Petroleum law changes put on hold
Business, Yuthana Praiwan, Published on 21/01/2026
» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.
Declining prices set to ease Oil Fuel Fund Office's burden
Business, Yuthana Praiwan, Published on 06/11/2025
» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).
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).
Sustainable jet fuel standard nears completion
Business, Yuthana Praiwan, Published on 04/08/2025
» Thailand is expected to issue specifications on sustainable aviation fuel (SAF) next year based on an international standard to hasten efforts to cut carbon dioxide emissions from aircraft, says the Department of Energy Business.
Domestic oil prices in focus in talks with PM
Business, Yuthana Praiwan, Published on 19/06/2025
» The Energy Ministry is working to allay concerns over the impact of the Israel-Iran war, pledging that authorities will continue to cap fuel prices, though this may require cutting the oil excise tax.
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.
Part of debt-ridden Oil Fuel Fund posts positive reading
Business, Yuthana Praiwan, Published on 04/06/2025
» The State Oil Fuel Fund, once riddled with huge debts after heavily subsidising oil and gas prices, has seen a shift from red to black ink in its oil account, thanks to decreasing global oil prices, said a source at the Energy Ministry.
BAFS keen to strengthen through regional expansion
Business, Yuthana Praiwan, Published on 27/05/2025
» SET-listed Bangkok Aviation Fuel Services (BAFS) is strengthening its business through overseas expansion, with Cambodia's new international airport being its next target market in Southeast Asia.