Showing 1 - 10 of 85
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.
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).
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).
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.
PTT to slash costs amid US tariff burden
Business, Yuthana Praiwan, Published on 22/05/2025
» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.