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BUSINESS

OR expands EV services amid oil price volatility

Business, Yuthana Praiwan, Published on 01/04/2026

» PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices.

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

Bangchak, OR resume B20 sales to reduce fuel costs

Business, Yuthana Praiwan, Published on 30/03/2026

» Two SET-listed energy firms, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years as Thai authorities intensify efforts to diversify energy sources and reduce reliance on imported oil.

BUSINESS

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.

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

New gas shipment heading to Thailand

Business, Yuthana Praiwan, Published on 17/03/2026

» Thailand is set to receive a new shipment of liquefied natural gas (LNG) from overseas, ensuring adequate fuel for power generation as electricity demand surges during the hot season, according to an energy official who requested anonymity.

BUSINESS

Refiners assure oil supply adequate amid panic buying

Yuthana Praiwan, Published on 13/03/2026

» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.

BUSINESS

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.

BUSINESS

Thai oil retailers baulk at order to triple reserves

Yuthana Praiwan, Published on 06/03/2026

» Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.

BUSINESS

Department to set standards for EV charging stations

Yuthana Praiwan, Published on 17/02/2026

» The Department of Energy Business (DOEB) has moved to establish national standards for electric vehicle (EV) charging and hydrogen fuel infrastructure, aiming to streamline investment and ensure safety as Thailand accelerates its transition to clean energy.