Thai Government Acts on Oil Stockpiling Complaints Amid Fuel Shortage Concerns

BANGKOK (NNT) – The government is addressing the recent complaints about the stockpiling of fuel, which reportedly led to shortages at numerous service stations across the nation. Thai Energy Ministry to probe gasohol shortage Radklao Inthawong Suwankiri, the Deputy Government Spokesperson, has revealed that following reports of fuel hoarding which caused shortages at several fuel […]

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Thai cabinet approves economic stimuli, lowers electricity and diesel prices

The new cabinet at its first official meeting on Wednesday approved several measures intended to boost the economy – lower electricity and diesel prices, a visa-free scheme for two countries, a farm debt moratorium and fortnightly salaries for government officials. Visa exemptions for China and Kazakhstan nationals to start on September 25 After the meeting […]

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Esso exits Thailand market after 129 years

BANGKOK (NNT) – Petroleum company Esso Thailand has been acquired by Bangchak, following the completion of a majority stake acquisition by ExxonMobil. Esso’s petrol stations across the country will be operating under Bangchak’s brand from tomorrow. Bangchak gas stations offer 1.50 baht/litre discount for its oil products The acquisition of Esso Thailand by Bangchak Corporation […]

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