Showing 1 - 10 of 23
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.
Petroleum law changes put on hold
Business, Yuthana Praiwan, Published on 21/01/2026
» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.
Call to reform outdated oil laws to protect energy security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» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.
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.
Electricity prices likely to dip early next year
Business, Yuthana Praiwan, Published on 02/12/2025
» Electricity prices are set to become slightly cheaper early next year as the Energy Regulatory Commission (ERC) resolved to reduce the power tariff by 0.06 baht per kilowatt-hour (unit) to 3.88 baht a unit, thanks to a projection of lower gas prices.
Bombed PTT station to get compensation
Business, Yuthana Praiwan, Published on 05/08/2025
» Insurance companies cannot cite war as a reason for refusing to pay compensation to the owner of a PTT petrol station in Si Sa Ket, which was struck by a Cambodian rocket late last month, says the Office of Insurance Commission (OIC).
Authorities consider adjusting diesel ceiling price
Business, Yuthana Praiwan, Published on 15/07/2025
» Energy authorities are considering adjusting the ceiling price of diesel at the pump, which has remained unchanged for years despite changes in economic circumstances, says the Oil Fuel Fund Office (Offo).
Part of debt-ridden Oil Fuel Fund posts positive reading
Business, Yuthana Praiwan, Published on 04/06/2025
» The State Oil Fuel Fund, once riddled with huge debts after heavily subsidising oil and gas prices, has seen a shift from red to black ink in its oil account, thanks to decreasing global oil prices, said a source at the Energy Ministry.
Electricity prices fuel debate
Business, Yuthana Praiwan, Published on 20/01/2025
» Former premier Thaksin Shinawatra's proposal to reduce the power tariff to 3.70 from 4.15 baht per kilowatt-hour (unit) has sparked a debate on the future of electricity prices, which have remained high since 2022.
LNG prices to keep power bills stable
Business, Yuthana Praiwan, Published on 06/11/2024
» Liquefied natural gas (LNG) prices are likely to stay unchanged in early 2025, putting less pressure on the authorities preparing to calculate a new power tariff for electricity bills between January and April next year, says the Electricity Generating Authority of Thailand (Egat).