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Search Result for “fossil fuels”

Showing 1 - 10 of 807

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

BUSINESS

Bangchak, OR resume B20 sales to reduce fuel costs

Business, Yuthana Praiwan, Published on 30/03/2026

» Two SET-listed energy firms, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years as Thai authorities intensify efforts to diversify energy sources and reduce reliance on imported oil.

BUSINESS

Push for electric bus upgrade by 2029

Business, Ranjana Wangvipula, Published on 30/03/2026

» Caretaker transport minister Phiphat Ratchakitprakarn is stepping up efforts to switch all diesel-powered interprovincial buses in Bangkok to electric buses during the Anutin Charnvirakul administration to save on oil expenses.

BUSINESS

Energy wake-up call

Business, Somhatai Mosika, Suchit Leesa-nguansuk and Komsan Tortermvasana, Published on 30/03/2026

» Business leaders are calling for the government to study long-term energy security strategies to reduce reliance on imported energy and expand access to renewable sources in the wake of the ongoing crisis stemming from war in the Middle East.

BUSINESS

Delayed Iran deadline gives investors a breather

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 28/03/2026

» RECAP: Asian shares ‌pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though there was still no end in sight to the unfolding energy crunch on the global economy.

BUSINESS

Regulator offers 3 power tariff rates

Business, Yuthana Praiwan, Published on 26/03/2026

» Thai energy regulators are preparing to announce an increase in electricity bills for May to August once they gather public input on an appropriate power tariff rate given the impact of the Middle East war on energy costs.

BUSINESS

Energy security now a daunting problem

Business, Nareerat Wiriyapong, Published on 23/03/2026

» Amid spikes in global crude oil and gas prices, the government has deployed several measures including price caps to ensure energy security and ease the cost of living.

BUSINESS

Fuel panic spreads as pumps run dry

Business, Somruedi Banchongduang, Wichit Chantanusornsiri and Kuakul Mornkum, Published on 23/03/2026

» Long queues at petrol stations across Thailand and "out of fuel" signs for diesel, the backbone of the transport sector, have raised public concern over the past week about the country's ability to manage energy reserves.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.

BUSINESS

New gas shipment heading to Thailand

Business, Yuthana Praiwan, Published on 17/03/2026

» Thailand is set to receive a new shipment of liquefied natural gas (LNG) from overseas, ensuring adequate fuel for power generation as electricity demand surges during the hot season, according to an energy official who requested anonymity.