Showing 1 - 10 of 104
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.
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.
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.
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.
Getting a handle on the oil confusion
Business, Yuthana Praiwan, Published on 21/03/2026
» An oil shortage at some petrol stations over the past week raised doubts as it contradicts the government's assurances of a stable fuel supply.
Ethanol output cranked up to meet E20 demand
Business, Yuthana Praiwan, Published on 20/03/2026
» Ethanol manufacturers are increasing production to serve growing demand for gasohol E20, aligning with the government's efforts to reduce Thailand's reliance on oil imports.
Penalties vowed for gas gouging
Business, Yuthana Praiwan, Published on 20/03/2026
» Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.
Oil transport bolstered to guarantee filling station supplies
Business, Yuthana Praiwan, Published on 17/03/2026
» Energy authorities are moving swiftly to streamline oil logistics in a bid to accelerate fuel deliveries to filling stations grappling with shortages caused by surging demand amid the ongoing US-Israeli war with Iran, which has disrupted global supply routes, according to the Department of Energy Business (DOEB).
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.