Showing 1 - 10 of 30
Thailand's refiners adjust to clean energy
Business, Published on 13/06/2025
» Thailand's refining industry is adapting to evolving market dynamics influenced by clean fuel policies. The industry has undergone structural changes due to mergers and acquisitions that have altered refiners' long-term business strategies amid changing dynamics in both domestic and regional markets.
Thai Oil considers change in contractors
Business, Yuthana Praiwan, Published on 24/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, will consider changing the contractors of its new oil refinery under the Clean Fuel Project (CFP) if the ongoing dispute over unpaid wages for construction workers cannot be settled, causing a further delay of the project.
Thai Oil sinks additional $1.7bn into new refinery
Business, Yuthana Praiwan, Published on 23/12/2024
» Thai Oil Plc, the country's largest oil refinery by capacity, aims to allocate an additional US$1.7 billion (63 billion baht) to support the development of a new oil refinery in Chon Buri's Si Racha district under the Clean Fuel Project (CFP), which is near completion.
TOP pushing for resolution of dispute
Business, Yuthana Praiwan, Published on 31/10/2024
» Thai Oil Plc (TOP), the country's largest oil refinery by capacity, is requesting the parent firms of construction companies working on the Clean Fuel Project (CFP) to settle the months-long delay on wage payments to construction workers, which led to protests at the refinery in Chon Buri.
Thai Oil expects crude price to stabilise
Business, Yuthana Praiwan, Published on 11/06/2024
» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.
Call for loans to help firms upgrade to meet EU standards
Business, Phusadee Arunmas, Published on 18/01/2024
» The government is being advised to initiate a low-interest loan programme to assist businesses in upgrading their machinery and equipment in alignment with the EU's Carbon Border Adjustment Mechanism (CBAM).
Oil refineries to roll out Euro5 diesel
Business, Yuthana Praiwan, Published on 09/01/2024
» Local oil refineries expect to successfully market their new environmentally friendly diesel that meets the Euro5 environmental emission standard, which took effect on Jan 1, says the Federation of Thai Industries (FTI).
Asia follows Wall Street down, SET falls below 1,600
Business, Nuntawun Polkuamdee, Published on 11/03/2023
» RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.
TOP allots $1bn capex to support growth
Business, Yuthana Praiwan, Published on 09/03/2023
» Thai Oil Plc (TOP), the country's largest oil refinery by capacity, plans to allocate capital spending worth US$1 billion to grow its businesses between 2023 and 2025, with half the budget going to the Clean Fuel Project (CFP).
Thai Oil preps last CAP tranche
Business, Yuthana Praiwan, Published on 01/04/2022
» Thai Oil Plc (TOP), Thailand's largest oil refinery by capacity, expects to make the last payment of its share purchase in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, early next year.