Showing 1 - 10 of 33
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.
Thais reassured about oil supplies after strikes on Iran
Yuthana Praiwan, Published on 13/06/2025
» Thailand has sufficient oil for 60 days of use as concern over energy supply disruptions grows following Israel’s attacks on Iranian nuclear sites, the Department of Energy Business said on Friday.
Solar firm’s case against Thai state utility dismissed
Business, Yuthana Praiwan, Published on 22/04/2025
» The Central Administrative Court has dropped a lawsuit filed by solar farm developer SPCG Plc which requested compensation of 3.7 billion baht from the state-run Provincial Electricity Authority (PEA) for its subsidiary due to the cancellation of the subsidiary's right to develop and operate a solar farm to supply power to the PEA.
Thai Oil considers change in contractors
Business, Yuthana Praiwan, Published on 24/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, will consider changing the contractors of its new oil refinery under the Clean Fuel Project (CFP) if the ongoing dispute over unpaid wages for construction workers cannot be settled, causing a further delay of the project.
Minister vows to keep lid on fuel and power prices
Yuthana Praiwan, Published on 17/10/2024
» Energy Minister Pirapan Salirathavibhaga insists that the government will continue to cap domestic energy prices, notably diesel and electricity, to help consumers and businesses deal with the economic slowdown.
Enhancing the nation's oil security
Business, Yuthana Praiwan, Published on 18/07/2024
» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.
Fuel sellers hit back at ‘cheating’ video
Yuthana Praiwan, Published on 19/01/2024
» Oil retailers under the PTT brand have filed a complaint with police against people who shared messages and a video online that accused them of selling fuel unfairly.
Oil Fund mulls second B30bn loan
Business, Yuthana Praiwan, Published on 05/01/2023
» The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.
Oil fund considering second B30bn loan
Yuthana Praiwan, Published on 04/01/2023
» The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices.
State mulls reducing diesel excise tax
Business, Yuthana Praiwan, Published on 15/01/2022
» The government's struggle in dealing with the higher cost of living may cause authorities to consider reducing the excise tax on diesel to keep its price below 30 baht a litre, says an Energy Ministry official.