Showing 1 - 10 of 148
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.
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.
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).
Banpu to take advantage of rising US electricity demand
Business, Yuthana Praiwan, Published on 26/08/2025
» SET-listed Banpu Power Plc is taking advantage of the rapid growth of artificial intelligence (AI) technology-driven power demand in the US to strengthen its electricity retail business.
Surge in demand for jet fuel during first 5 months
Business, Yuthana Praiwan, Published on 10/07/2025
» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said the Department of Energy Business.
Thailand power development plan to face further revision
Business, Yuthana Praiwan, Published on 29/04/2025
» The implementation of the much-delayed power development plan (PDP) may need to be further put back for a more careful revision to reduce long-term power supply in order to trim electricity bills, says the Thailand Development Research Institute (TDRI).
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
Global Power Synergy set to benefit from rising electricity demand
Business, Yuthana Praiwan, Published on 19/02/2025
» Demand for electricity in Thailand, which is expected to increase this year, will boost revenue for SET-listed Global Power Synergy (GPSC) after it experienced a slight drop in earnings in 2024.
Fuel consumption up in line with GDP last year
Business, Yuthana Praiwan, Published on 07/02/2025
» Fuel consumption rose by 2.1% last year to 155.4 million litres per day (MLD), in line with estimated GDP growth of 2.6-2.7%, which was driven by tourism-related businesses, says the Department of Energy Business.
Fuel consumption sees 2% rise year-over-year
Business, Yuthana Praiwan, Published on 10/01/2025
» Total fuel consumption during the first 11 months of last year rose by 2% year-on-year, in line with slow economic growth estimated to range from 2.6-2.7% in 2024, says the Department of Energy Business.