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GENERAL

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.

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GENERAL

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).

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GENERAL

Diesel price rising by another 50 satang

Yuthana Praiwan, Published on 19/04/2024

» Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.

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GENERAL

Diesel subsidy possible if excise tax cut ends

Yuthana Praiwan, Published on 18/04/2024

» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

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GENERAL

Officials seek rejig of diesel subsidy

Business, Yuthana Praiwan, Published on 30/03/2024

» Energy authorities are planning to ask the government to cap domestic diesel prices without increasing the burden on the dwindling Oil Fuel Fund after the diesel subsidy programme expires on March 31, says the Energy Policy and Planning Office (Eppo).

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GENERAL

Authorities plan to continue capping diesel price

Yuthana Praiwan, Published on 29/03/2024

» Energy authorities are planning to continue the diesel price capping scheme, which is set to expire this Sunday, according to the Energy Policy and Planning Office (EPPO).

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GENERAL

Authorities to discuss Oil Fuel Fund management

Business, Yuthana Praiwan, Published on 13/02/2024

» Authorities will meet within this week to discuss the state Oil Fuel Fund's huge loss incurred by oil and gas subsidy programmes though its financial status remains manageable, says a source at the Energy Ministry.

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GENERAL

Fuel subsidies may exhaust oil fund

Business, Yuthana Praiwan, Published on 03/02/2024

» New measures to better support and manage the Oil Fuel Fund are needed amid growing concerns oil and gas subsidies from the fund will drain it empty, says the Oil Fuel Fund Office (Offo).

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GENERAL

More fuel subsidies ready to launch

Business, Yuthana Praiwan, Published on 27/01/2024

» Energy authorities are planning more subsidies for gasohol prices by using money from the state Oil Fuel Fund after the ongoing subsidy programme ends on Jan 31.

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GENERAL

Ministry focuses on cheap energy

Business, Yuthana Praiwan, Published on 13/01/2024

» Energy Minister Pirapan Salirathavibhaga vows to keep energy prices, including electricity and oil, low for households and businesses throughout this year as part of strenuous efforts to regulate power bills that remain elevated compared with neighbouring countries.