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SUSTAINABILITY

Carbon rules reshape Thai business as CBAM looms

Business, Yuthana Praiwan, Published on 09/02/2026

» The European Union's Carbon Border Adjustment Mechanism (CBAM) is sending ripples of concern throughout global trade, unsettling exporters of certain products while raising broader questions about its long‑term impact on industries not yet covered by the measure.

BUSINESS

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.

BUSINESS

Demand shifts result in national oil plan rejig

Business, Yuthana Praiwan, Published on 17/12/2025

» The new national oil plan (NOP), which maps out long-term oil usage for the country, is expected to have several revisions as a result of projected shifts in global oil demand, the popularity of electric vehicles (EVs) and data centres, says the Department of Energy Business (DOEB).

BUSINESS

New net-zero target sparks policy rethink

Business, Yuthana Praiwan, Published on 01/12/2025

» Thailand aims to achieve net zero by 2050, 15 years earlier than previously planned, but reaching that goal will require major changes in the country's energy landscape, with the power sector at the heart of the transition.

BUSINESS

Jet biofuel standard imminent

Business, Yuthana Praiwan, Published on 17/10/2025

» Thailand's first standard for sustainable aviation fuel (SAF) specifications is expected this month, with enforcement scheduled from Jan 1, 2026 to support a campaign reducing the carbon footprint of the aviation industry, says the Department of Energy Business.

BUSINESS

Moves to address renewables supply flaw

Business, Yuthana Praiwan, Published on 29/09/2025

» While greater renewable energy usage has become a crucial part of efforts to curb carbon dioxide emissions produced by fossil-derived fuels, experts warn that cleaner energy may not always ensure a reliable supply.

BUSINESS

PSP Specialties anticipates prospects for sales growth

Business, Yuthana Praiwan, Published on 27/08/2025

» Thailand's engine oil exports continue to experience significant growth despite the US reciprocal tariff policy, thanks to demand from China and Southeast Asia, says Thai lubricant manufacturer PSP Specialties Plc.

BUSINESS

Bangchak uncertain on petroleum plans

Business, Yuthana Praiwan, Published on 14/08/2025

» SET-listed Bangchak Corporation has yet to decide whether to re-enter the petroleum business in Asia, though it is collaborating with Chevron Offshore (Thailand) to explore for oil and gas in a potential area in the Gulf of Thailand.

BUSINESS

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).

SUSTAINABILITY

Sustainable jet fuel standard nears completion

Business, Yuthana Praiwan, Published on 04/08/2025

» Thailand is expected to issue specifications on sustainable aviation fuel (SAF) next year based on an international standard to hasten efforts to cut carbon dioxide emissions from aircraft, says the Department of Energy Business.