Showing 1 - 10 of 474
IRPC clarifies Oil Tank status in Surat Thani
Published on 07/04/2026
» IRPC Public Company Limited has issued a clarification regarding its status in connection with the Surat Thani oil tank rental agreement. Under this agreement, IRPC assumes full responsibility on a rental basis only and does not have any authority over the control, supervision or management of other oil tanks owned by different companies within the same cargo area.
Oil depot reported for hoarding
News, Post reporters, Published on 06/04/2026
» SURAT THANI: The provincial commerce office has filed a police complaint against an oil depot operator for allegedly hoarding controlled fuel, as authorities ramp up the crackdown on fuel stockpiling and smuggling in the South and along border areas.
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.
Energy Ministry battens down amid 'worst crisis'
News, WICHIT CHANTHANUSORNSIRI, Published on 04/04/2026
» The Energy Ministry's permanent secretary, Prasert Sinsukprasert, has described the current energy situation as one of the most severe crises in Thailand's history.
Oil fund seeks B150 billion in loan guarantees for fuel aid
Wichit Chantanusornsiri, Published on 31/03/2026
» The Oil Fuel Fund has sought a guarantee from the Ministry of Finance for 150 billion baht in loans to stabilise domestic fuel prices, amid rising energy pressures.
The energy map in 2026: OPEC+ and the Custodial crude paradox
Published on 27/03/2026
» Oil markets are no longer defined by simple shifts in supply and demand. While physical balances still matter, price formation is increasingly shaped by who controls access to barrels, under what conditions, and for how long. What once moved gradually on inventories and consumption trends now reacts abruptly to geopolitical permissions, sovereign decisions, and headline risk.
Thai fuel prices soar by six baht a litre
Online Reporters, Published on 26/03/2026
» Retail petrol and diesel prices in Thailand soared by six baht per litre on Thursday morning after the government abandoned costly attempts to cap them.
Govt eyes fuel tax reduction
News, Wichit Chantanusornsiri and Mongkol Bangprapa, Published on 25/03/2026
» The government may be forced to implement fuel tax reductions if the Oil Fuel Fund proves insufficient to stabilise domestic prices, Deputy Prime Minister Ekniti Nitithanprapas has warned.
Consumer product prices capped but fuel costs will rise
Online Reporters, Published on 24/03/2026
» The government is capping prices of essential consumer products while confirming that there is enough fuel for vehicles and electricity generation, but their prices will have to rise due to increasing costs in global markets.