Showing 1 - 10 of 171
Ministry mulls shelving fuel loan
Business, Yuthana Praiwan, Published on 17/04/2026
» The Energy Ministry is weighing whether to abandon plans to borrow 150 billion baht to support the fast-depleting Oil Fuel Fund, following a breakthrough in negotiations with oil refineries to lower diesel prices.
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.
PTT seeks global LNG player status
Business, Yuthana Praiwan, Published on 24/02/2026
» National oil and gas conglomerate PTT Plc has unveiled plans to transform itself into a global liquefied natural gas (LNG) trading firm, marking a major shift from its role as Thailand's LNG importer a decade ago.
Thailand finally gets serious about climate action
Business, Yuthana Praiwan, Published on 21/02/2026
» Thailand is preparing to enforce its first climate change law, a landmark step that could reshape the country's economy and environmental policy for decades to come.
Fuel usage declined 0.2% in 2025
Business, Yuthana Praiwan, Published on 13/02/2026
» Thailand's total fuel consumption dipped slightly last year, falling by 0.2% year-on-year due to the economic slowdown, says the Department of Energy Business (DOEB).
Thai firms chase LNG deals as worldwide prices decline
Business, Yuthana Praiwan, Published on 10/02/2026
» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.
Declining prices set to ease Oil Fuel Fund Office's burden
Business, Yuthana Praiwan, Published on 06/11/2025
» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).
Thai fuel prices to fall by B0.50 a litre
Yuthana Praiwan, Published on 03/10/2025
» Retail fuel prices are being reduced by 50 satang per litre from 5am on Saturday as part of a series of government measures to ease the cost of living.