Showing 1 - 10 of 26
PTT Oil and Retail Business to start building hotels in petrol stations next year
Business, Yuthana Praiwan, Published on 24/11/2025
» PTT Oil and Retail Business Plc (OR), the oil trading arm of PTT Plc, will finalise its long-delayed budget hotel investment project next month, according to Wilaiwan Kanjanakanti, senior executive vice-president for finance and chief financial officer.
Oil fund loss likely to evaporate in H2
Yuthana Praiwan, Published on 06/05/2025
» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.
Fuel fund vows to keep diesel prices low
Business, Yuthana Praiwan, Published on 01/11/2024
» The Oil Fuel Fund Office (Offo) will continue to keep domestic diesel prices at less than 33 baht per litre after the current subsidy scheme ended on Thursday, as its financial status has improved following a drop in global oil prices.
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.
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.
PTTEP steps up gas production at Erawan
Business, Yuthana Praiwan, Published on 19/01/2024
» PTT Exploration and Production Plc (PTTEP) is accelerating gas production at its Erawan gas block in the Gulf of Thailand to avoid paying a fine if it fails to deliver the amount required by a contract signed with PTT Plc, the country's sole gas seller.
OR prepares for oil price volatility later this year
Business, Yuthana Praiwan, Published on 27/05/2023
» PTT Oil and Retail Business Plc (OR) is bracing for possible challenges caused by oil price fluctuations and a global economic slowdown that could affect the company in the second half of this year.
Diesel set to dip to B34.5 per litre
Business, Yuthana Praiwan, Published on 03/02/2023
» The domestic price of diesel is set to decrease to 34.5 baht a litre later this month, down from 34.94 per litre, following a decline in global crude oil prices.
Diesel price to fall to B34.50 per litre
Yuthana Praiwan, Published on 02/02/2023
» The domestic price of diesel will fall to 34.50 baht a litre later this month, down from 34.94 baht, following a decline in global crude oil prices.
New power tariff reduced for business
News, Yuthana Praiwan, Published on 07/01/2023
» The Energy Regulatory Commission (ERC) will make a cut to the power tariff for businesses after concerned groups petitioned Prime Minister Prayut Chan-o-cha to lower electricity prices.