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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

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

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.

BUSINESS

Higher power prices prompts push for solar

Business, Yuthana Praiwan, Published on 19/03/2026

» Small businesses and households are being urged to reduce their reliance on the state electricity grid and adopt solar power solutions, as global energy price volatility threatens to drive up costs, despite Thailand's capped power tariffs, according to solar firms.

BUSINESS

Banpu consolidation drives clean energy transition

Business, Yuthana Praiwan, Published on 05/03/2026

» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.

BUSINESS

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).

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

Electricity prices likely to dip early next year

Business, Yuthana Praiwan, Published on 02/12/2025

» Electricity prices are set to become slightly cheaper early next year as the Energy Regulatory Commission (ERC) resolved to reduce the power tariff by 0.06 baht per kilowatt-hour (unit) to 3.88 baht a unit, thanks to a projection of lower gas prices.

BUSINESS

PTT Oil and Retail Business to start building hotels in petrol stations next year

Business, Yuthana Praiwan, Published on 24/11/2025

» PTT Oil and Retail Business Plc (OR), the oil trading arm of PTT Plc, will finalise its long-delayed budget hotel investment project next month, according to Wilaiwan Kanjanakanti, senior executive vice-president for finance and chief financial officer.