No negative oil prices in Thailand
Oil prices in Thailand are unlikely to fall below zero in line with what happened in the US on Monday for the first time in history, as other index prices around the world remain intact.
Covid 19 electricity price reductions overshadowed by reports of skyrocketing energy bills nationwide
Hard-pressed households looking forward to electricity price reductions instead this week were confronted with startling increases in bills well beyond the seasonal rise in demand or even what might be expected from the Covid 19 emergency lockdown. Minister of Energy Sontirat Sonthichirawong is treating the reports seriously and is investigating. It comes as the Thai […]
FTI calls for power bills to be suspended
Power bill cut for 22m houses
The cabinet has formally approved energy authorities’ decision to either waive or cut electricity charges for 22 million households where people are working at home because of the coronavirus disease.
Electricity bill subsidies proposed
The Energy Ministry will ask the cabinet for approval to subsidise up to 100% of electricity usage in excess of what households used in February.
Thai power company acquires Yunlin stake
Electricity Generating Public Company (EGCO) Group in Thailand has completed the purchase of a 25% stake in the 640MW Yunlin offshore wind project off the coast of Taiwan
Thailand’s EGAT to receive second spot LNG cargo from Malaysia’s Petronas
State-run Electricity Generating Authority of Thailand said it will buy a second spot-market shipment of liquefied natural gas (LNG) on Tuesday.
Fuel retailers abandon plans as virus cripples demand
Major fuel retailers are adjusting operations in response to plummeting demand and prices caused in part by the pandemic.
