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Search Result for “palm”

Showing 1 - 10 of 140

BUSINESS

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.

BUSINESS

Bangchak, OR resume B20 sales to reduce fuel costs

Business, Yuthana Praiwan, Published on 30/03/2026

» Two SET-listed energy firms, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years as Thai authorities intensify efforts to diversify energy sources and reduce reliance on imported oil.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.

BUSINESS

GGC launches partnership for credits from palm oil

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

» Global Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical Plc, has partnered with Thaicom Plc and the Thailand Greenhouse Gas Management Organization (TGO) to launch a pilot smart palm oil farming project aimed at supporting Thailand's 2050 net-zero target.

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

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

New partnership to turn cooking oil into aviation fuel

Business, Yuthana Praiwan, Published on 03/04/2025

» Industrial officials have joined hands with businesses to support a project to convert used cooking oil into sustainable aviation fuel (SAF), in a bid to reduce carbon dioxide emissions.

BUSINESS

PSP revenue set to rise 15% as lubricant sales boom

Business, Yuthana Praiwan, Published on 11/03/2025

» SET-listed PSP Specialties, a Thai lubricant manufacturer, expects its revenue to increase by 15% this year as sales will be boosted via overseas market expansion and new products offered to data centres and cloud businesses.

BUSINESS

Petchsrivichai hunts for used cooking oil

Business, Yuthana Praiwan, Published on 04/03/2025

» Greater demand for both cooking oil and used cooking oil is causing SET-listed Petchsrivichai Enterprise Plc, a local palm oil manufacturer, to expand production and run a campaign to acquire more used cooking oil for resale.

BUSINESS

Ministry to ease blow of subsidy ending

Business, Yuthana Praiwan, Published on 07/11/2024

» The Energy Ministry is planning to launch measures to soften the impact of expiring biofuel price subsidies in 2027, as the fuels become more expensive, affecting palm and sugar cane growers.