Showing 1 - 10 of 38
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.
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.
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.
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.
Authorities tout biofuel as global oil prices soar
Yuthana Praiwan, Published on 05/03/2026
» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.
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.
PTT, Centrica ink LNG deal
Business, Yuthana Praiwan, Published on 28/06/2025
» National oil and gas conglomerate PTT Plc is strengthening its position as a liquefied natural gas (LNG) trader in Southeast Asia, with its latest move paving the way to sell LNG to a British multinational energy firm.
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.