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Search Result for “petroleum auction”

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GENERAL

5 firms compete for oil licences

Business, Yuthana Praiwan, Published on 18/07/2025

» Five Thai and foreign energy firms are vying for licences on new onshore petroleum exploration and production projects, part of the state's latest efforts to boost the economy, says the Department of Mineral Fuels.

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GENERAL

Oil auctions herald new Thai supplies

Business, Yuthana Praiwan, Published on 07/03/2025

» Authorities are hopeful for the development of nine new petroleum fields to increase long-term energy supply in Thailand, following an official invitation for investors to apply for an auction for onshore petroleum exploration and production licences.

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GENERAL

Outlook upbeat for Andaman oil auction

Business, Yuthana Praiwan, Published on 18/01/2025

» Energy officials are optimistic about finding new petroleum fields in the Andaman Sea following the successful discovery of petroleum in the lower part of the Andaman, says the Department of Mineral Fuels (DMF).

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GENERAL

Onshore petroleum auction set to be held

Business, Yuthana Praiwan, Published on 26/12/2024

» Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 years to increase domestic petroleum supply.

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GENERAL

Cooking gas prices unchanged

Business, Yuthana Praiwan, Published on 18/12/2024

» Domestic cooking gas prices will remain unchanged at 423 baht per 15-kilogramme cylinder until the end of March next year, though this increases the financial burden for the debt-ridden state Oil Fuel Fund, says the Energy Policy Administration Committee (EPAC).

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THAILAND

Round 25 bidding 'by end of the year'

News, Yuthana Praiwan, Published on 09/02/2024

» A new auction for petroleum exploration and production in nine onshore blocks will be organised by the end of the year to support the state's efforts to increase the domestic petroleum supply, according to the Department of Mineral Fuels.

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GENERAL

PTTEP steps up gas production at Erawan

Business, Yuthana Praiwan, Published on 19/01/2024

» PTT Exploration and Production Plc (PTTEP) is accelerating gas production at its Erawan gas block in the Gulf of Thailand to avoid paying a fine if it fails to deliver the amount required by a contract signed with PTT Plc, the country's sole gas seller.

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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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GENERAL

Renewal of gas licence at Pailin shortly

Business, Yuthana Praiwan, Published on 17/11/2023

» The renewal of a licence to produce gas from the Pailin block in the Gulf of Thailand is likely to be processed quickly early next year to avoid problems that could affect domestic gas supply, says the Department of Mineral Fuels.

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GENERAL

Call for smooth gas production at Pailin

Business, Yuthana Praiwan, Published on 16/08/2023

» PTT Exploration and Production Plc (PTTEP) wants energy authorities to prevent any obstacles to continuing gas production in the Gulf of Thailand when a concession at the Pailin gas block ends in 2028.