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BUSINESS

Oil drilling set to increase

Business, Yuthana Praiwan, Published on 07/02/2026

» The Department of Mineral Fuels (DMF) is preparing to restart oil and gas exploration and production projects once a new government takes office following the Feb 8 general election, in a bid to attract multi-billion-baht investments and strengthen Thailand's long-term energy security.

BUSINESS

PTTEP preps carbon capture facility

Business, Yuthana Praiwan, Published on 14/01/2026

» PTT Exploration and Production Plc (PTTEP) is preparing to build Thailand's first carbon capture and storage (CCS) facility at its Arthit gas field this year, marking a major step in the country's efforts to cut greenhouse gas emissions and reach its net-zero target.

BUSINESS

Call to reform outdated oil laws to protect energy security

Business, Yuthana Praiwan, Published on 13/01/2026

» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.

BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

BUSINESS

Demand shifts result in national oil plan rejig

Business, Yuthana Praiwan, Published on 17/12/2025

» The new national oil plan (NOP), which maps out long-term oil usage for the country, is expected to have several revisions as a result of projected shifts in global oil demand, the popularity of electric vehicles (EVs) and data centres, says the Department of Energy Business (DOEB).

BUSINESS

Energy Regulatory Commission seeking public opinion on upcoming electricity tariff

Business, Yuthana Praiwan, Published on 11/11/2025

» The Energy Regulatory Commission (ERC) is seeking public input on whether to maintain the current electricity tariff at 3.94 baht per kilowatt-hour or raise it to 4.58 baht, with the new rate set to take effect from January to February 2026.

BUSINESS

Thai fuel prices to fall by B0.50 a litre

Yuthana Praiwan, Published on 03/10/2025

» Retail fuel prices are being reduced by 50 satang per litre from 5am on Saturday as part of a series of government measures to ease the cost of living.

BUSINESS

Clean energy dearth dents foreign interest

Business, Yuthana Praiwan, Published on 13/08/2025

» Ongoing political instability may slow Thai economic growth, but a larger hindrance is in the energy sector, as Thailand risks losing 1 trillion baht in foreign investment opportunities if the government does not step up efforts to facilitate renewable power usage, according to Thailand Development Research Institute (TDRI).

BUSINESS

Petrochemical slide expected to persist

Business, Yuthana Praiwan, Published on 08/08/2025

» The downturn in the petrochemical industry is expected to continue until 2027, when it will begin to recover, according to analysts.

BUSINESS

PTT sells stake in Neo Mobility Asia to MGC

Business, Yuthana Praiwan, Published on 06/08/2025

» National oil and gas conglomerate PTT Plc continues to reduce its role in the battery-powered vehicle business with the sale of its entire 50% stake in Neo Mobility Asia Co (NMA), a flagship electric vehicle (EV) business, to SET-listed auto retailer Millennium Group Corporation (Asia) (MGC).