The Latest Breaking News from Thai Oil

Thailand to avoid Mideast war oil shock

Thailand will not face a crude oil shortage in August despite the ongoing war in the Middle East, as supply remains sufficient for all six domestic refineries, according to the Department of Energy Business (DOEB).

Bangkok Post · Aug 2

Oil slick threatens Bang Saen

The oil slick from Thai Oil's ruptured offshore pipeline will not reach Pattaya but may affect Koh Si Chang and Bang Saen beach, according to the provincial governor.

Bangkok Post · Sep 5, 2023

TOP optimistic on outlook for oil trading this year

SET-listed Thai Oil Plc (TOP), the oil refinery arm of national oil and gas conglomerate PTT Plc, expects a better outlook for oil trading this year, with the global demand and supply of oil believed to be almost equal.

Bangkok Post · May 22, 2023

Why the Oil Fuel Fund is overburdened

The Energy Ministry an­-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation…

Bangkok Post · Jun 28, 2022

Thai Oil to raise $1.1bn for debt repayment

Thai Oil Public Company Limited is set to raise about US$1.1 billion from the sale of a stake in a local power producer and a new share offering to repay short-term loans and fund its business expansion.

Bangkok Post · Feb 18, 2022