Showing 1 - 10 of 93
State steps in as oil rockets to $100
Yuthana Praiwan, Published on 09/03/2026
» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.
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.
Small firms told to go green for finance
Business, Yuthana Praiwan, Published on 09/08/2025
» Small and medium-sized enterprises (SMEs) are being encouraged to adopt more eco-friendly practices to obtain loans under a new financial assistance scheme worth 5 billion baht, says the Federation of Thai Industries (FTI).
Susco, Asia Green Energy bullish on EV industry
Business, Yuthana Praiwan, Published on 23/07/2025
» An oil retailer and a coal trading firm are expecting to rack up significant revenue from their newly-developed electric vehicle (EV) businesses, which are said to be increasingly disrupting sales of fossil fuels.
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.
Bangchak bags 65% stake in Thai Kali
Business, Yuthana Praiwan, Published on 17/12/2024
» SET-listed energy conglomerate Bangchak Corporation has diversified into mining by investing in Thai Kali Co, the operator of a potash mine in the northeastern province of Nakhon Ratchasima.
Solutions sought for huge oil fund debt
Business, Yuthana Praiwan, Published on 05/09/2024
» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.
Fuel subsidies ‘only for the needy’ proposed
Yuthana Praiwan, Published on 02/08/2024
» The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal.