Showing 1-10 of 30 results
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Diesel subsidy to remain in place
Business, Yuthana Praiwan, Published on 19/07/2023
» The domestic diesel price will remain unchanged at 32 baht per litre as authorities have decided to use the Oil Fuel Fund to subsidise the price once the waiver of the 5-baht diesel excise tax expires on July 20, says the Oil Fuel Fund Office (Offo).
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Bangchak bullish on green jet fuel plan
Business, Yuthana Praiwan, Published on 29/07/2023
» Energy conglomerate Bangchak Corporation believes its plan to produce biofuel for aircraft -- known as sustainable aviation fuel (SAF) -- will be able to deal with any uncertainty in the future if the company's oil refinery business is disrupted by electric vehicles.
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Retail LPG to remain at same price
Business, Yuthana Praiwan, Published on 31/08/2023
» The retail price of liquefied petroleum gas (LPG) is expected to be maintained at 25.87 baht per kilogramme, or 432 baht per standard 15-kg cylinder, for another month, according to the Oil Fuel Fund Office (Offo).
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Diesel price to fall below B30 on Wednesday
Yuthana Praiwan, Published on 19/09/2023
» The domestic diesel price will be reduced by two baht a litre to 29.94 baht on Wednesday morning, the oil retailers PTT and Bangchak announced on Tuesday night.
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OR targets 10% growth in net profit
Business, Yuthana Praiwan, Published on 25/09/2023
» SET-listed PTT Oil and Retail Business (OR) wants to achieve 10% growth in net profit this year, though it needs to support the government's diesel price reduction policy by trimming the marketing margin of its diesel sales to below 2 baht a litre, says president and chief executive Disathat Panyarachun.
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Fuel usage up 2.3% in first 8 months
Yuthana Praiwan, Published on 29/09/2023
» Fuel consumption in the first eight months this year increased by 2.3% to 155 million litres per day, though demand for diesel fell as prices rose, according to the Department of Energy Business.
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Oil Fuel Fund facing losses of B100bn
Business, Yuthana Praiwan, Published on 04/10/2023
» The government's effort to keep the domestic diesel price below 30 baht a litre until December will cause a loss of almost 100 billion baht for the Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).
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Producers analyse price cuts
Business, Yuthana Praiwan, Published on 17/10/2023
» Manufacturers are examining how the government's energy price cuts will help their businesses as Thailand Development Research Institute (TDRI) warns about negative long-term impacts from the policy.
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Farmers in line for subsidised fuel
Business, Yuthana Praiwan, Published on 19/10/2023
» Energy authorities are planning to apply a "green fuel" or non-tax fuel programme for farmers, allowing them to buy oil at inexpensive prices, says Energy Minister Pirapan Salirathavibhaga.
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Price cut promotes shift to gasohol 91
Business, Yuthana Praiwan, Published on 31/10/2023
» The state push to reduce the price of gasohol 91 by 2.5 baht per litre for three months is expected to cause motorists using a variety of gasohol to shift to gasohol 91, which is projected to be phased out.
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