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New energy law to allow for monthly oil price adjustment only

September 11, 2024

Aim is to move away from global oil prices and instead be based on actual cost under the ‘Cost Plus’ system

Many injured in explosion at LPG vehicle station in Suphan Buri

July 11, 2024

An explosion occurred at an LPG refilling station for vehicles in Suphan Buri province on Thursday afternoon.

Caps on diesel, cooking gas, power to continue for now

TUESDAY, MAY 07, 2024

The Cabinet has given the go-ahead to extend three subsidies in a bid to continue easing people’s financial burden, Prime Minister Srettha Thavisin said on Tuesday.

Authorities ordered to closely watch potential oil and LPG price hikes

MONDAY, APRIL 15, 2024

Prime Minister Srettha Thavisin is closely monitoring the situation in the Middle East, particularly the escalating tensions between Iran and Israel, and has instructed agencies involved in foreign affairs, security, and the economy to report any significant changes and potential impacts on Thailand.

Household debt impedes TISI: Freeze diesel & LPG prices to ease burden

WEDNESDAY, MARCH 13, 2024

Vice Chairman of the Federation of Thai Industries (FTI), Isares Rattanadilok Na Phuket, and Pidtiphat Manbuphachati, Deputy Secretary General of the FTI, revealed that the Thailand Industry Sentiment Index (TISI) for February 2024 stood at 90.0, slightly down from 90.6 in January.

Power bills could start dropping in May, says Energy Ministry

TUESDAY, FEBRUARY 14, 2023

Power bills for both residential and business users could drop after this year’s second fuel tariff (Ft) adjustment in May, Energy Ministry permanent-secretary Kulit Sombatsiri said on Monday.

Retail price of NGV to go up by THB1 per kg from Friday

WEDNESDAY, DECEMBER 14, 2022

The Energy Policy Administrative Committee has agreed to hike the retail price of natural gas for vehicle (NGV) by 1 baht, from 16.59 baht per kilogram to 17.59 baht, from Friday (December 16), Energy Minister Supattanapong Punmeechaow said on Wednesday.

Thailand, Cambodia to reach deal on disputed oil field by March: Energy minister

FRIDAY, OCTOBER 21, 2022

Thailand’s Foreign and Energy ministries are making progress in talks with Cambodia to relieve the fuel crisis by tapping disputed oil resources in the Gulf of Thailand. The 26,000-square-kilometre overlapping claims area (OCA) in the upper Gulf is estimated to hold up to 500 million barrels of oil, plus gas deposits.

People evacuated following gas leak at vehicle LPG station in Surin

TUESDAY, OCTOBER 04, 2022

Local residents were safely evacuated from a vehicle LPG station in Muang district of Surin province on Tuesday morning after a gas pipe leakage caused an explosion scare.

Diesel retail price capped at THB34.94 again this week

TUESDAY, JUNE 28, 2022

The Oil Fuel Fund’s executive committee on Monday agreed to keep the price of diesel capped at 34.94 baht.

Oil Fund may hit THB100 billion shortfall by end June: Energy Ministry

MONDAY, JUNE 20, 2022

The Oil Fuel Fund may end up with 100 billion baht in deficit as it continues subsidising oil and liquified petroleum gas (LPG) amid soaring global oil prices.

Soaring fuel prices drive motorists to go in for LPG or electric systems

THURSDAY, JUNE 16, 2022

Thousands of motorists are flocking to automotive service shops to fit their cars with liquefied petroleum gas (LPG) systems or electricity in a bid to escape the impact of rising oil prices.

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