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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

Oil pipeline rules reformed in bid to increase transport

Business, Yuthana Praiwan, Published on 22/01/2026

» The Department of Energy Business (DOEB) is preparing measures to promote oil transport via pipelines by removing legal barriers to the development of oil separation facilities.

BUSINESS

Banpu, Amata form JV for solar initiative in Vietnam

Business, Yuthana Praiwan, Published on 05/11/2025

» A massive rooftop solar power initiative is being developed at two industrial estates in Vietnam through a new collaboration between two Thai firms in a bid to support the host nation's net-zero campaign.

BUSINESS

Bangchak details restructuring drive

Business, Yuthana Praiwan, Published on 26/09/2025

» SET-listed Bangchak Corporation is restructuring its businesses to boost its revenue and follow the global energy consumption trend that still depends on fossil fuels.

BUSINESS

5 firms compete for oil licences

Business, Yuthana Praiwan, Published on 18/07/2025

» Five Thai and foreign energy firms are vying for licences on new onshore petroleum exploration and production projects, part of the state's latest efforts to boost the economy, says the Department of Mineral Fuels.

BUSINESS

Thailand set to finally embrace nuclear power

Business, Yuthana Praiwan, Published on 14/07/2025

» A proposal to install small modular reactors (SMRs) in Thailand looks set to gain momentum amid corporate interest in using the technology to ensure stable power supplies and support the national plan to reduce dependence on fossil fuels.

BUSINESS

IRPC realistic on glum prospects for petrochemical sector

Business, Yuthana Praiwan, Published on 05/03/2025

» Another challenging year awaits the petrochemical industry as it continues to deal with a supply glut, while a hotter trade war between the US and China could impact the sector, says IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.

BUSINESS

Oil prices to fall amid calmer Middle East

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

» Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer geopolitical conflicts in the Middle East, says Thai Oil Plc, Thailand's largest oil refinery by volume.

BUSINESS

PTT dismisses rumour of 3 units merging

Business, Yuthana Praiwan, Published on 22/02/2025

» PTT Group has denied a rumour its three subsidiaries -- PTT Global Chemical Plc, IRPC Plc and Thai Oil Plc -- will be merged, but stressed they need to improve their business operations.