Showing 1 - 10 of 353
Oil refineries in the spotlight
Business, Yuthana Praiwan, Published on 04/04/2026
» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.
Finance minister expects fuel price relief soon
Post Reporters, Published on 02/04/2026
» The Thai government is preparing to cut domestic fuel prices by targeting what it describes as “unnecessary” cost components in the national pricing structure.
Ekniti outlines new policy approach
Business, Wichit Chantanusornsiri, Published on 01/04/2026
» Any attempt to keep energy prices artificially low, in defiance of market mechanisms, could trigger a double whammy within the country, says Finance Minister Ekniti Nitithanprapas.
Calls grow to control oil refinery pricing
Business, Yuthana Praiwan, Published on 31/03/2026
» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.
Thailand mulls windfall tax on oil refineries
Business, Wichit Chantanusornsiri, Published on 28/03/2026
» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.
Thai factory output unexpectedly dips in February, could rise in March
Reuters, Published on 27/03/2026
» Thailand's manufacturing production index dropped 0.04% in February from a year earlier, the Industry Ministry said on Friday, weaker than analysts' forecasts.
Petroleum and Energy Institute of Thailand denies oil refineries profiting from war
Business, Yuthana Praiwan, Published on 27/03/2026
» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.
Call for measures to restrain fuel price hikes
Business, Somhatai Mosika, Published on 27/03/2026
» The Thai Chamber of Commerce is calling on the government to manage fuel prices, ensure adequate reserves, and speed up the implementation of energy-saving measures nationwide.
Vietnam Airlines to suspend some routes as jet fuel risks rise
Bloomberg, Published on 24/03/2026
» Vietnam Airlines will temporarily suspend flights on some domestic routes as jet fuel shortages and rising fuel prices caused by the conflict in the Middle East start to impact the nation’s air travel.
Thai oil crisis eases after state takes action
Business, Yuthana Praiwan, Published on 24/03/2026
» The Department of Energy Business (DOEB) says Thailand's fuel shortage crisis is beginning to ease following a series of government interventions aimed at stabilising supply and distribution.