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The Latest Breaking News from Thai Oil

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

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

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

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Myanmar military diverts civilian jet fuel to air force: Amnesty

Amnesty International calls on countries and companies to stop the supply of aviation fuel to Myanmar’s military rulers.

Al Jazeera

Australia under pressure to sanction Myanmar military after Amnesty International report and leaked ANZ Bank transactions

Australia is an outlier among like-minded countries, including the United States, United Kingdom, Canada and the European Union, all of which have imposed tough sanctions on Myanmar's military rulers since the coup on February 1 last year.

ABC News

Myanmar junta diverting civilian jet fuel to military: Amnesty

Aviation fuel supplied to junta-ruled Myanmar for civilian planes is being diverted to the military, whose air force has been linked to war crimes, Amnesty International said on Thursday.

Bangkok Post

Call for more state promotion of ethanol

The Tapioca Ethanol Association is urging energy policymakers to promote more use of cassava-based ethanol in order to help motorists cope with high fuel bills, which have been driven up by the global oil price surge.

Bangkok Post

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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

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.

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