Showing 1 - 10 of 10
Draft seeks to better regulate fuel prices
Business, Yuthana Praiwan, Published on 12/09/2024
» A draft law to empower energy authorities to better regulate domestic oil and cooking gas prices is progressing towards parliament for approval, which could be a key energy policy under the nascent Paetongtarn Shinawatra regime.
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.
OR upbeat on ministry's plan to better regulate oil trade
Business, Yuthana Praiwan, Published on 30/08/2024
» SET-listed PTT Oil and Retail Business (OR) is positive about the Energy Ministry's plan to better regulate oil trade and prices to deal with crude oil price fluctuations, despite growing concerns over the impact on its oil retail.
Effort to reduce energy subsidies wins backing
Business, Yuthana Praiwan, Published on 10/08/2024
» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.
Fuel subsidies ‘only for the needy’ proposed
Yuthana Praiwan, Published on 02/08/2024
» The Oil Fuel Fund Office (Offo) is considering revising its price subsidy programmes to focus only on groups of people who badly need help, rather than making them universal.
Enhancing the nation's oil security
Business, Yuthana Praiwan, Published on 18/07/2024
» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.
BAFS aims to be the real deal
Business, Yuthana Praiwan, Published on 06/07/2024
» Bangkok Aviation Fuel Services (BAFS) is not only keen on selling sustainable aviation fuel (SAF), but also wants to offer "real" SAF to its customers.
Fuel consumption decreases 0.4%
Business, Yuthana Praiwan, Published on 05/07/2024
» Thailand's total fuel consumption dipped by 0.4% year-on-year to 157.1 million litres per day (MLD) between January and May, attributed to higher energy prices and the country's economic slowdown, says the Department of Energy Business.
OR upbeat on prospects for rest of the year
Business, Yuthana Praiwan, Published on 24/05/2024
» PTT Oil and Retail Business Plc (OR) remains optimistic about a better business performance during the remainder of this year, driven by growing tourism despite a drop in revenue for the energy business during the first quarter.
Fuel consumption drops by 2.6% in Q1
Yuthana Praiwan, Published on 03/05/2024
» Fuel consumption in the first quarter of this year dropped 2.6 % to 156.7 million litres per day (MLD) due to the retirement period of capped price policy, according to the Department of Energy Business (DOEB).