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Search Result for “refining capacity”

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BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

THAILAND

Diesel refining margin cut to drop price by 2.14 baht

Online Reporters, Published on 07/04/2026

» Energy Minister Akanat Promphan, in his capacity as chairman of the Energy Policy Administration Committee (Epac), has ordered a reduction in diesel refining margins aimed at lowering retail fuel prices by about 2.14 baht per litre, with the measure expected to take effect on Thursday.

BUSINESS

Asian airlines trim schedules and carry extra fuel as supplies tighten

Reuters, Published on 07/04/2026

» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra ​fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel ‌supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs. 

BUSINESS

Pundits warn of stagflation risk

Business, Nareerat Wiriyapong, Published on 07/04/2026

» Thailand faces a heightened risk of stagflation as elevated oil prices nudge up inflation, with the new government unlikely to launch large stimulus measures to prop up the subdued economy given high public debt levels, warn analysts.

OPINION

Iran's water weapon against Gulf

Oped, Michael Christopher Low, Published on 07/04/2026

» The oil-rich monarchies of the Persian Gulf are often described as petrostates. But the US-Israeli war with Iran has highlighted that they are also saltwater kingdoms, societies whose survival depends on desalination, or converting seawater into potable water at industrial scale.

OPINION

How Iran is able to beat the US in its war

News, Brahma Chellaney, Published on 06/04/2026

» In a rambling address to the American people on Wednesday, US President Donald Trump claimed that the US war against Iran has been a success, vowing to "finish the job … very fast". It was a statement in obvious conflict with the facts. In reality, Iran has upended the model on which US interventionism has long relied.

OPINION

Conflicts of interest worsen crisis

News, Veera Prateepchaikul, Published on 06/04/2026

» Transport Minister Phiphat Ratchakitprakarn's resignation as head of the committee handling the oil crisis caused by the war in the Middle East has spared him from public criticism over a potential conflict of interest linked to his family's oil trading business.

OPINION

Fairness key during crisis

News, Editorial, Published on 06/04/2026

» Surging oil prices driven by war in the Middle East are forcing our new government to act more to rein in oil prices and pacify public anger directed at oil refineries.

THAILAND

Refinery feels heat in DSI probe

News, Post Reporters, Published on 05/04/2026

» The Department of Special Investigation (DSI) will summon PC Siam Petroleum in Surat Thani and ask them to clarify allegations of oil hoarding by the company, as the case may be treated as a special case.

THAILAND

Probe refiners, don’t beg for donations, says Democrats’ Korn

Online Reporters, Published on 04/04/2026

» Democrat Party deputy leader Korn Chatikavanij has urged the government to investigate refinery profits rather than asking operators to donate excess earnings to help ease the economic burden from soaring energy costs.