Long break eases pressure on oil reserves
The long holiday during the Songkran festival may ease pressure on Thailand’s oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.
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The long holiday during the Songkran festival may ease pressure on Thailand’s oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.
Despite a two-week ceasefire between the US and Iran, Thai airlines still have to adjust their operational strategies for the summer schedule to match travel demand dampened by concerns over uncertainty surrounding the oil crisis.
The government has outlined management guidelines to tackle the ongoing plastic pellet crisis. Key initiatives will focus on identifying high-priority items, promoting the use of alternative materials, and enhancing recycling.
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Foreign Affairs Minister Sihasak Phuangketkeow on Wednesday confirmed the deaths of three Thai crew members who went missing following an attack on the vessel MV Mayuree Naree in the Strait of Hormuz last month amid the Middle East conflict.
Thailand will slash pump prices for diesel by 2.14 baht a litre from Thursday, offering motorists and businesses immediate relief after the government approved an overhaul of refinery pricing to ease household costs and shore up the heavily…
A reported standoff between BYD and Malaysia’s Ministry of Investment, Trade and Industry (MITI) over strict manufacturing conditions has left the Chinese automaker’s RM1.3 billion Tanjung Malim assembly plant in limbo.
CHON BURI – An oil tanker that was earlier stranded in the Strait of Hormuz has successfully completed its journey to Chon Buri, delivering its cargo of crude oil to Bangchak Corporation.
The ongoing conflict in the Middle East has pushed up the Treasury Department’s coin production costs, raising the possibility that 1-baht coins may eventually need to be minted overseas, where production costs are lower.