Showing 1 - 10 of 100
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.
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.
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.
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.
Oil drilling set to increase
Business, Yuthana Praiwan, Published on 07/02/2026
» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.
Call to reform outdated oil laws to protect energy security
Business, Yuthana Praiwan, Published on 13/01/2026
» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.
Electricity prices likely to dip early next year
Business, Yuthana Praiwan, Published on 02/12/2025
» Electricity prices are set to become slightly cheaper early next year as the Energy Regulatory Commission (ERC) resolved to reduce the power tariff by 0.06 baht per kilowatt-hour (unit) to 3.88 baht a unit, thanks to a projection of lower gas prices.
Authorities consider adjusting diesel ceiling price
Business, Yuthana Praiwan, Published on 15/07/2025
» Energy authorities are considering adjusting the ceiling price of diesel at the pump, which has remained unchanged for years despite changes in economic circumstances, says the Oil Fuel Fund Office (Offo).
Part of debt-ridden Oil Fuel Fund posts positive reading
Business, Yuthana Praiwan, Published on 04/06/2025
» The State Oil Fuel Fund, once riddled with huge debts after heavily subsidising oil and gas prices, has seen a shift from red to black ink in its oil account, thanks to decreasing global oil prices, said a source at the Energy Ministry.