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Search Result for “russian shadow fleet”

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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

Calls grow to control oil refinery pricing

Business, Yuthana Praiwan, Published on 31/03/2026

» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.

BUSINESS

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.

BUSINESS

Two firms launch Thailand's first commercial sale of biofuel for ships

Yuthana Praiwan, Published on 24/10/2025

» Two SET-listed firms have made Thailand's first commercial sales of biofuel for ships, according to PTT Oil and Retail Business Plc (OR), the oil trade flagship of national oil and gas conglomerate, PTT Group.

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.

BUSINESS

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.

BUSINESS

BBGI aims to fuel ships with bio-LNG

Business, Yuthana Praiwan, Published on 06/01/2025

» BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation, plans to supply a cleaner fuel called "bio-LNG" to ships, replacing liquified natural gas (LNG) and supporting the global campaign to reduce greenhouse gas emissions.

BUSINESS

WHA to become sustainable using tech

Business, Yuthana Praiwan, Published on 21/11/2024

» WHA Group aims to meet key sustainability goals by 2029 after becoming a tech-driven company next year, says group chief executive Jareeporn Jarukornsakul.

BUSINESS

LNG prices to keep power bills stable

Business, Yuthana Praiwan, Published on 06/11/2024

» Liquefied natural gas (LNG) prices are likely to stay unchanged in early 2025, putting less pressure on the authorities preparing to calculate a new power tariff for electricity bills between January and April next year, says the Electricity Generating Authority of Thailand (Egat).

BUSINESS

Solutions sought for huge oil fund debt

Business, Yuthana Praiwan, Published on 05/09/2024

» Regulating oil and gas prices by offering subsidies from the Oil Fuel Fund for five years has left the Oil Fuel Fund Office (Offo) with huge losses and substantial debt.