New energy minister’s first big move: cut fuel costs, freeze power bills
THURSDAY, APRIL 02, 2026
Energy Minister Akanat Promphan plans urgent oil and power measures, including a refinery margin cap and efforts to hold electricity bills at Bt3.88 a unit
Bahrain’s Bapco Energies declares force majeure after Iranian drone attack damages Sitra refinery
MONDAY, MARCH 09, 2026
Bahrain’s state-owned Bapco Energies has declared force majeure after an Iranian drone attack damaged the 405,000-bpd Sitra refinery, with reports of at least 32 civilians injured nearby. The company said domestic fuel supply remains secure.
Excise Dept mulls carbon tax on oil refineries and EV batteries
TUESDAY, AUGUST 15, 2023
The Excise Department aims to promote ESG (Environmental, Social, and Governance) goals through the implementation of a carbon tax facility, along with the establishment of a Carbon Border Adjustment Mechanism (CBAM) team, to develop a globally standardised tax structure.
Petroleum firms dismiss Korn’s claim of 10 times increase in refining margin
MONDAY, JUNE 20, 2022
The Petroleum Refining Industry Club on Monday dismissed as untrue a claim by Kla Party leader Korn Chatikavanij that Thai refineries were enjoying a high margin of over 8 baht per litre of oil.
EPA sends Virgin Islands oil refinery a violation notice
TUESDAY, MAY 04, 2021
WASHINGTON - A giant oil and gas refinery was served with a "notice of violation" by the Environmental Protection Agency after two major incidents that released noxious fumes and a chemical-filled vapor cloud over nearby neighborhoods in the U.S. Virgin Islands.