Showing 1 - 10 of 660
Consolidation Will Define Southeast Asia’s Petrochemical Future
Published on 30/09/2025
» Despite the post-pandemic recovery, the global petrochemical sector has failed to stabilise. Overcapacity, slowing demand growth, and intensifying competition have pushed margins to their lowest levels in more than a decade. Persistent oversupply will remain the dominant challenge through the end of this decade.
Thai-MECC, IESG, PTTEP, Chevron, PTT, and OSRL jointly conduct offshore oil spill response exercise using a C-130 aircraft
Published on 26/09/2025
» Thai-MECC, IESG, PTTEP, PTTEP ED, Chevron, OSRL together with more than 25 government and private sector agencies, jointly conducted an oil spill response exercise off the coast of the Gulf of Thailand. The exercise deployed a C-130 aircraft to enhance preparedness for emergency situations, enabling oil spill containment and clean-up operations to be carried out swiftly, appropriately, and safely in accordance with legal and international standards.
Andaman petroleum bids to start soon
Business, Yuthana Praiwan, Published on 24/09/2025
» Energy authorities are planning to call for bids for petroleum exploration and production in the Andaman Sea during the new government's tenure to increase Thai extraction levels.
SEAMEO SEPS Seeks to Sustain Meaningful Benefits of School Feeding Programs
Published on 10/09/2025
» Thanks to a regional project, seven Southeast Asian schools have made positive and potentially sustainable impacts on their students via school breakfast or lunch initiatives.
Thai-MECC, IESG, PTTEP, Chevron, PTT, and OSRL jointly conducts offshore oil spill response exercise using a C-130 aircraft
Published on 04/09/2025
» Bangkok, September 4, 2025 – Thai-MECC, IESG, PTTEP, PTTEP ED, Chevron, OSRL together with more than 25 government and private sector agencies, jointly conducted an oil spill response exercise off the coast of the Gulf of Thailand. The exercise deployed a C-130 aircraft to enhance preparedness for emergency situations, enabling oil spill containment and clean-up operations to be carried out swiftly, appropriately, and safely in accordance with legal and international standards.
Bangchak trumpets new oil discovery
Business, Yuthana Praiwan, Published on 02/09/2025
» SET-listed Bangchak Corporation has discovered a new oil source in Norway, solidifying its standing in the petroleum production industry.
Bangchak announces oil discovery at Talisker well in Norway
Yuthana Praiwan, Published on 29/08/2025
» SET-listed Bangchak Corporation Plc, an energy conglomerate, has announced a crude oil discovery at the Talisker exploration well in the Brage field, Norway.
Bangchak uncertain on petroleum plans
Business, Yuthana Praiwan, Published on 14/08/2025
» SET-listed Bangchak Corporation has yet to decide whether to re-enter the petroleum business in Asia, though it is collaborating with Chevron Offshore (Thailand) to explore for oil and gas in a potential area in the Gulf of Thailand.
Chevron, BCPR partner on Gulf of Thailand project
Published on 07/08/2025
» Bangkok, August 5, 2025 — In a significant step towards bolstering Thailand’s energy security, a new partnership has been launched between Chevron Offshore (Thailand) Limited (COTL) and BCPR Co., Ltd. (BCPR) for petroleum exploration and production in Block G2/65 in the Gulf of Thailand. Formalised under a Production Sharing Contract (PSC) model, the collaboration was officially marked at a recent ceremony presided over by Dr Prasert Sinsukprasert, Permanent Secretary of the Ministry of Energy. The event also commemorated the Minister of Energy’s authorisation of BCPR’s participation—an affiliate of the Bangchak Group and a leading Thai energy company—via the issuance of Supplementary Production Sharing Contract (No. 1). The partnership is expected to advance exploration and development activities in the block.
PTTEP Acquires Block A-18 Stake to Bolster Energy Security
Published on 29/07/2025
» Bangkok, July 25, 2025 – PTTEP has acquired a 50% participating interest in Block A-18 of the Malaysia–Thailand Joint Development Area (MTJDA) which is strategically important to Thailand’s energy security, and supporting company’s growth.