Showing 1 - 10 of 59
Declining prices set to ease Oil Fuel Fund Office's burden
Business, Yuthana Praiwan, Published on 06/11/2025
» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).
Fuel consumption climbs 2.8% in January
Business, Yuthana Praiwan, Published on 19/03/2025
» Fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
OR chief sets out improvement plan
Business, Yuthana Praiwan, Published on 01/02/2025
» PTT Oil and Retail Business Plc (OR) has vowed to make significant changes to improve its businesses over the next three years, following a decline in its market share in the domestic oil trade and a dip in the company's stock price.
Tie-up to boost Caltex network
Business, Yuthana Praiwan, Published on 11/09/2024
» Star Fuels Marketing, the exclusive licensee of Caltex fuels in Thailand, has partnered with local oil retailer Pure Thai Energy to expand the network of Caltex petrol stations in the country, aiming to gain market share in a competitive domestic fuel retail market.
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.
Innobic sells entire AMOLH stake
Business, Yuthana Praiwan, Published on 11/01/2024
» Innobic (Asia) Co, the life sciences arm of national oil and gas conglomerate PTT Plc, has sold its entire stake in its pharmaceutical firm to restructure, aiming to refocus in the segment.
PTT sets up logistics venture to tap BRI
Business, Yuthana Praiwan, Published on 04/01/2024
» National oil and gas conglomerate PTT Plc hopes to benefit from rail transport networks under the Belt and Road Initiative (BRI) by setting up a new subsidiary to diversify into the domestic and international logistics business.
Stagnant world economy to lower oil prices next year
Yuthana Praiwan, Published on 29/11/2023
» Dubai crude oil reference prices are expected to fall to US$83-85 per barrel next year based on slow global economic growth, says Phichin Aphiwantanaporn, senior executive vice-president of IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.
Ministry to probe gasohol shortage
Business, Yuthana Praiwan, Published on 09/11/2023
» The Energy Ministry vows to act against oil retailers illegally stockpiling the fuel following complaints about oil being sold out at petrol stations after a state policy to cut the prices of gasohol 91 and gasohol 95.
Cassava specialist UBE forecasts 10% revenue growth
Business, Yuthana Praiwan, Published on 07/11/2023
» Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, expects its revenue to grow by 10% this year thanks to higher prices of ethanol and flour both domestically and overseas.