Showing 1 - 10 of 137
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.
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.
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.
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.
State steps in as oil rockets to $100
Yuthana Praiwan, Published on 09/03/2026
» Thai energy authorities are preparing to secure loans from commercial banks to shore up the Oil Fuel Fund, which is rapidly running dry as global crude prices surge past US$100 per barrel amid the escalating US-Iran conflict.
Thai firms chase LNG deals as worldwide prices decline
Business, Yuthana Praiwan, Published on 10/02/2026
» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.
PTT report sees oil prices decreasing
Business, Yuthana Praiwan, Published on 29/01/2025
» Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by national oil and gas conglomerate PTT Plc.
Electricity prices fuel debate
Business, Yuthana Praiwan, Published on 20/01/2025
» Former premier Thaksin Shinawatra's proposal to reduce the power tariff to 3.70 from 4.15 baht per kilowatt-hour (unit) has sparked a debate on the future of electricity prices, which have remained high since 2022.
Thailand reaffirms green pledges
Business, Yuthana Praiwan, Published on 06/01/2025
» Despite an unimpressive end to COP29, the 2024 UN Climate Change Conference held in Baku, Azerbaijan, Thailand remains committed to its campaign to reduce carbon dioxide emissions, with a view to accelerating its progress.
Fuel fund vows to keep diesel prices low
Business, Yuthana Praiwan, Published on 01/11/2024
» The Oil Fuel Fund Office (Offo) will continue to keep domestic diesel prices at less than 33 baht per litre after the current subsidy scheme ended on Thursday, as its financial status has improved following a drop in global oil prices.