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Showing 1 - 10 of 34

BUSINESS

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.

BUSINESS

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

BUSINESS

Gunkul stresses need for hike in clean power supply

Business, Yuthana Praiwan, Published on 06/09/2025

» Thailand may lose an opportunity to increase digital economy investment, including in data centres, if it does not step up efforts to significantly increase its supply of clean power, says SET-listed Gunkul Engineering, an integrated clean energy developer.

THAILAND

Thai fuel prices unchanged despite tax hike

Yuthana Praiwan, Published on 07/05/2025

» Retail prices of fuel remain unchanged in Thailand despite a decision to increase the fuel excise tax by 15%, according to Energy Minister Pirapan Salirathavibhaga.

BUSINESS

Battle to keep power bills flat amid fears of gas price hike

Business, Yuthana Praiwan, Published on 20/07/2024

» The government will try to keep the power tariff unchanged for the rest of the year to curb electricity bills, amid predictions that gas prices will rise in the second half, despite more financial pressure on the state budget.

BUSINESS

Exports falter, leading to growth cut

Business, Yuthana Praiwan, Published on 09/05/2024

» Thailand's economic outlook for this year appears less optimistic as GDP growth could tally 2.2%, down from the previous projection of 2.8-3.3%, attributed to sluggish exports weighing on the manufacturing sector, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Call to hike renewable proportion

Business, Yuthana Praiwan, Published on 22/04/2024

» The government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP), which is scheduled to be finalised in the second quarter of this year.

BUSINESS

PTTEP to hike gas output

Business, Yuthana Praiwan, Published on 02/02/2024

» PTT Exploration and Production Plc (PTTEP) is allocating a 230-billion-baht budget this year to support plans to increase gas production at the Erawan gas block and maintain a high level of production at two other gas fields in the Gulf of Thailand.

BUSINESS

PTT to assist in efforts to cut power tariff

Business, Yuthana Praiwan, Published on 27/12/2023

» National oil and gas conglomerate PTT Plc is expected to help the government reduce the power tariff early next year by using money from a fine worth 4.3 billion baht the company is charging its gas supplier for not complying with a gas purchase contract, says an energy official.

BUSINESS

State wants to cap 2024 power tariff

Business, Yuthana Praiwan, Published on 09/12/2023

» Energy authorities are working to cap next year's power tariff at 4.1 baht per kilowatt-hour (unit) as suggested by Prime Minister Srettha Thavisin, who disagrees with an earlier proposal to increase the rate to 4.68 baht per unit, says Energy Minister Pirapan Salirathavibhaga.