State agency warns fuel retailers over pricing
The warning was issued by Wattanapong Kurovat, director-general of the Energy Policy and Planning Office. He said his office had received complaints that the marketing cost collected by fuel retailers was too high, leading to increase in gasohol prices despite the government cutting excise tax.
Consumer groups challenge proposed electricity tariff rise
Consumer advocacy groups have opposed the proposed increase in electricity tariffs and have asked the Energy Regulatory Commission (ERC) to review all data used to calculate the Fuel Adjustment Charge (Ft) to ensure fairness to the public.
Global EV trend surges with Thailand joining the race
A surge in the global trend of electric vehicles (EVs) usage has been highlighted by Poonphong Naiyanaphakorn, the director of the Trade Policy and Strategy Office.
Thai Cabinet fuels up for savings: Gasohol 91 prices set to drop
The Thai Cabinet today gave initial approval for a 2.5 baht per litre reduction in the price of gasohol 91 for three months, likely to start from October 31, as stated by the Thailand Energy Minister.
Thailand’s LNG boom risks slowing SE Asia energy transition: Maguire
LITTLETON, Colorado, Oct 25 (Reuters) – Thailand has jumped from eleventh to eighth in the world ranking for imports of liquefied natural gas (LNG), after purchases through October soared 25% from the same period in 2022.
China’s Changan Automobile to Build NEV Plant in Thailand
Chinese state-owned automaker Chongqing Changan Automobile Co. Ltd. signed an agreement Tuesday to invest 8.8 billion Thai Baht ($242 million) in a new-energy vehicle (NEV) factory in Thailand.
Farmers in line for subsidised fuel
Energy authorities are planning to apply a “green fuel” or non-tax fuel programme for farmers, allowing them to buy oil at inexpensive prices, says Energy Minister Pirapan Salirathavibhaga.
Gulf Energy eyes 50% revenue surge with power plant operations boost
Gulf Energy Development, a Stock Exchange of Thailand (SET)-listed firm, is looking forward to a 50% revenue surge, breaking past the 100 billion baht (US$3.03 billion) mark this year. This significant increase is due to the addition of electricity generation capacity and the full operation of its power plants.
Caltex fuels growth acceleration plans for Thailand through expansion of fuel retail network
Caltex announced its strategic plan to grow the business in Thailand by ramping up its retail portfolio nationwide while continuing to enhance brand value by offering high quality services and products to bring the next-level experience for motorist customers across Thailand, reinforcing its position as a leading global service station brand.
Mitsubishi begins operating second unit at Thai power plant
Mitsubishi Heavy Industries’ (MHI) Mitsubishi Power has begun operations at the second of four units at the 2.65GW Rayong plant, a combined-cycle, natural gas-fired power plant in Rayong province, Thailand.