Showing 1 - 10 of 464
Depleted Oil Fuel Fund to apply for loan
Business, Yuthana Praiwan, Published on 01/04/2026
» Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund, following the announcement of the new cabinet under Prime Minister Anutin Charnvirakul.
OR expands EV services amid oil price volatility
Business, Yuthana Praiwan, Published on 01/04/2026
» PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices.
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.
Getting a handle on the oil confusion
Business, Yuthana Praiwan, Published on 21/03/2026
» An oil shortage at some petrol stations over the past week raised doubts as it contradicts the government's assurances of a stable fuel supply.
Oil transport bolstered to guarantee filling station supplies
Business, Yuthana Praiwan, Published on 17/03/2026
» Energy authorities are moving swiftly to streamline oil logistics in a bid to accelerate fuel deliveries to filling stations grappling with shortages caused by surging demand amid the ongoing US-Israeli war with Iran, which has disrupted global supply routes, according to the Department of Energy Business (DOEB).
Refiners assure oil supply adequate amid panic buying
Yuthana Praiwan, Published on 13/03/2026
» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.
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).
PTT Exploration and Production greenlights greenfield project
Business, Yuthana Praiwan, Published on 11/02/2026
» SET-listed PTT Exploration and Production (PTTEP) has decided to invest in a new offshore petroleum site in Malaysia, the company's first greenfield development project in the country, in a move to support long-term growth.
Oil drilling set to increase
Business, Yuthana Praiwan, Published on 07/02/2026
» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.
Petroleum law changes put on hold
Business, Yuthana Praiwan, Published on 21/01/2026
» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.