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Search Result for “excess profits”

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BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

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

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.

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

PTT Exploration and Production greenlights greenfield project

Business, Yuthana Praiwan, Published on 11/02/2026

» SET-listed PTT Exploration and Production (PTTEP) has decided to invest in a new offshore petroleum site in Malaysia, the company's first greenfield development project in the country, in a move to support long-term growth.

SUSTAINABILITY

Carbon rules reshape Thai business as CBAM looms

Business, Yuthana Praiwan, Published on 09/02/2026

» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.

BUSINESS

Moves to address renewables supply flaw

Business, Yuthana Praiwan, Published on 29/09/2025

» While greater renewable energy usage has become a crucial part of efforts to curb carbon dioxide emissions produced by fossil-derived fuels, experts warn that cleaner energy may not always ensure a reliable supply.

BUSINESS

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.

BUSINESS

Major players post bumper Q1 profits

Business, Yuthana Praiwan, Published on 16/05/2025

» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.

BUSINESS

Gulf reports Q1 profits surge 28% to B5.3bn

Business, Yuthana Praiwan, Published on 10/05/2025

» SET-listed Gulf Development's diversification into the telecom business is bearing fruit, helping the energy developer drive revenue in the first quarter, with net profit soaring by 28% to 5.3 billion baht.