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BUSINESS

Petrochemical sector faces stagnant year

Business, Yuthana Praiwan, Published on 21/02/2026

» Thailand's petrochemical industry is expected to confront another flat year, with leading firms pressured to adjust by cutting costs and rolling out value‑added products to stay afloat.

BUSINESS

Oil plan presses ahead as E85 exits fuel mix

Business, Yuthana Praiwan, Published on 30/01/2026

» Thailand's new National Oil Plan will not be affected by PTT Oil and Retail Business Plc's (OR) decision to discontinue sales of gasohol E85, according to the Department of Energy Business (DOEB).

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

Low-carbon economy push gains momentum

Yuthana Praiwan, Published on 16/01/2026

» Thailand is ready to pick up the pace as it moves toward a low-carbon economy following cabinet approval of the Climate Change Bill, according to acting Finance Minister Ekniti Nitithanprapas.

BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

BUSINESS

Innobic buys Alvogen Pharma

Business, Yuthana Praiwan, Published on 08/12/2025

» Innobic (Asia), the life science arm of energy giant PTT Plc, is moving into the world's largest pharmaceutical market after securing a foothold in the US through the acquisition of Alvogen Pharma US Inc.

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.

BUSINESS

Energy minister focuses on future

Business, Yuthana Praiwan, Published on 10/11/2025

» Not all projects fit the government's promoted "Quick Big Win" policy, but that is not stopping Energy Minister Auttapol Rerkpiboon from acting on efforts he sees as useful.

BUSINESS

SCG expecting next 12 months to pose challenges

Business, Yuthana Praiwan, Published on 31/10/2025

» SET-listed Siam Cement Group (SCG) is bracing for what it calls a "tiring year" over the next 12 months, with challenges ranging from economic uncertainties to a political vacuum.

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.