Showing 1 - 10 of 10
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.
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).
Oil prices to fall amid calmer Middle East
Business, Yuthana Praiwan, Published on 04/03/2025
» Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer geopolitical conflicts in the Middle East, says Thai Oil Plc, Thailand's largest oil refinery by volume.
Fuel fund vows to keep diesel prices low
Business, Yuthana Praiwan, Published on 01/11/2024
» The Oil Fuel Fund Office (Offo) will continue to keep domestic diesel prices at less than 33 baht per litre after the current subsidy scheme ended on Thursday, as its financial status has improved following a drop in global oil prices.
Oil price could hammer indebted fuel fund
Business, Yuthana Praiwan, Published on 07/10/2024
» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.
Enhancing the nation's oil security
Business, Yuthana Praiwan, Published on 18/07/2024
» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.
Star Petroleum sees fall in global oil prices
Business, Yuthana Praiwan, Published on 13/11/2023
» Global oil prices are likely to decrease during the remainder of this year despite high energy demand, though they remain prone to fluctuations resulting from geopolitical conflicts and economic adjustments in large economies, says Star Petroleum Refining Plc.
PTT believes oil price unlikely to hit $100 a barrel
Business, Yuthana Praiwan, Published on 27/01/2022
» Soaring global oil prices are not expected to exceed US$100 per barrel despite worries over supply disruptions caused by conflicts in exporting countries, says national oil and gas conglomerate PTT Plc.
Sontirat plans to avoid oil shortage
Business, Yuthana Praiwan, Published on 07/01/2020
» Energy Minister Sontirat Sontijirawong plans to beef up preventative measures to offset a potential crude oil shortage and the recent jump in oil prices caused by the dispute between the US and Iran last weekend.
Energy Ministry ready for Middle East turmoil
Business, Yuthana Praiwan, Published on 15/06/2019
» The Energy Ministry is prepared for tensions in the Middle East after two oil tankers were attacked on Thursday in the Gulf of Oman, with Iran alleged to be the attacker.