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BUSINESS

PTG denies fuel profiteering allegations

Business, Yuthana Praiwan, Published on 04/04/2026

» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.

BUSINESS

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.

BUSINESS

Petroleum and Energy Institute of Thailand denies oil refineries profiting from war

Business, Yuthana Praiwan, Published on 27/03/2026

» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.

BUSINESS

Gas price hike to push up Thai power bills

Business, Yuthana Praiwan, Published on 25/03/2026

» The new government is bracing for a surge in electricity bills as liquefied natural gas (LNG) prices climb in the wake of conflict in the Middle East, according to an energy official who requested anonymity.

BUSINESS

PTG confirms plans to raise refined oil reserves

Business, Yuthana Praiwan, Published on 13/03/2026

» PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.

BUSINESS

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.

BUSINESS

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.

BUSINESS

PTG eyes coffee expansion

Business, Yuthana Praiwan, Published on 16/10/2024

» SET-listed PTG Energy, a local oil retailer, plans to spend 6-7 billion baht next year on expanding and upgrading its petrol stations, while growing its Punthai Coffee brand.

BUSINESS

A closer look at the new energy plan

Business, Yuthana Praiwan, Published on 20/06/2024

» The revised version of the power development plan (PDP), which went through a week-long public hearing ending on June 19, is ready to be forwarded for approval by energy authorities, who expect to implement the plan within this year.

BUSINESS

Four Thachang Green Energy power plants in the offing

Business, Yuthana Praiwan, Published on 05/03/2024

» Thachang Green Energy (TGE), the SET-listed biomass power plant developer and operator, is preparing to build four waste-to-energy power plants this year to boost its revenue once public hearings on the projects are completed.