Showing 1 - 10 of 153
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.
Refiners assure oil supply adequate amid panic buying
Yuthana Praiwan, Published on 13/03/2026
» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.
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.
Petrochemical sector faces stagnant year
Business, Yuthana Praiwan, Published on 21/02/2026
» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.
Bangchak trumpets new oil discovery
Business, Yuthana Praiwan, Published on 02/09/2025
» SET-listed Bangchak Corporation has discovered a new oil source in Norway, solidifying its standing in the petroleum production industry.
Bangchak announces oil discovery at Talisker well in Norway
Yuthana Praiwan, Published on 29/08/2025
» SET-listed Bangchak Corporation Plc, an energy conglomerate, has announced a crude oil discovery at the Talisker exploration well in the Brage field, Norway.
Biofuel for ships yields promise
Business, Yuthana Praiwan, Published on 17/07/2025
» Major energy companies are interested in launching biofuel for ships as demand for this cleaner fuel is expected to rise, following a requirement issued by the International Maritime Organisation (IMO).