Thai Oil Plc (TOP), Thailand's largest oil refining company by capacity, is looking forward to making investments in India and Vietnam, after Indonesia, where it is scheduled to conclude a petrochemical asset purchase deal early next year.
Thaioil PCL, led by Mr. Wirat Uanarumit (7th left), CEO and President, granted scholarships including Thaioil Group funds for educational institutions for 2022, comprising 247 scholarships and 11 educational institution funds from Thaioil Group. Totalling almost 2 million baht, the funds are for youths and schools around Sriracha District and Laem Chabang Municipality. The purpose of the scholarships is to support the quality of education and develop youth ability as they are part of nation’s future. The ceremony was held at Thaioil Auditorium.
Parliament may cool down after legislators finished their job grilling the government in the censure debate last week, but how the Prayut Chan-o-cha administration will better combat economic hardship remains a burning issue.
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 from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.