Showing 1 - 9 of 9
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.
Getting a handle on the oil confusion
Business, Yuthana Praiwan, Published on 21/03/2026
» An oil shortage at some petrol stations over the past week raised doubts as it contradicts the government's assurances of a stable fuel supply.
Oil markets shrug off US military intervention in Caracas
Business, Yuthana Praiwan, Published on 06/01/2026
» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.
Minister promotes new way to cut power bills
Business, Yuthana Praiwan, Published on 15/02/2025
» Energy Minister Pirapan Salirathavibhaga has floated the idea of reducing electricity bills by nearly 0.40 baht per kilowatt-hour (unit) by adjusting the gas usage of Pool Gas, leading to lower power generation costs.
Oil prices set to fall amid trade war
Business, Yuthana Praiwan, Published on 11/02/2025
» Global oil prices are expected to fall below US$70 per barrel this week, following the tariff policy announced by US President Donald Trump which has already triggered a new round of the trade war and threatens to affect the international economy, says Thai Oil Plc, Thailand's largest oil refinery by volume.
PTT unit ready to suspend oil exports to Myanmar
Business, Yuthana Praiwan, Published on 06/02/2025
» SET-listed PTT Oil and Retail Business Plc (OR), Thailand's largest oil trader by volume, is preparing for the suspension of refined oil exports to Myanmar in line with the government's policy to deal with criminal gangs active in the neighbouring country.
Farmers in line for subsidised fuel
Business, Yuthana Praiwan, Published on 19/10/2023
» Energy authorities are planning to apply a "green fuel" or non-tax fuel programme for farmers, allowing them to buy oil at inexpensive prices, says Energy Minister Pirapan Salirathavibhaga.
Gas rigs transform into undersea paradise
Business, Yuthana Praiwan, Published on 06/06/2022
» Retired oil and gas production rigs are being developed into a tourist attraction for the first time in Thailand, in an attempt to create a new diving destination in the South.