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Search Result for “petroleum”

Showing 1 - 10 of 458

BUSINESS

Fuel usage declined 0.2% in 2025

Business, Yuthana Praiwan, Published on 13/02/2026

» Thailand's total fuel consumption dipped slightly last year, falling by 0.2% year-on-year due to the economic slowdown, says the Department of Energy Business (DOEB).

BUSINESS

PTT Exploration and Production greenlights greenfield project

Business, Yuthana Praiwan, Published on 11/02/2026

» SET-listed PTT Exploration and Production (PTTEP) has decided to invest in a new offshore petroleum site in Malaysia, the company's first greenfield development project in the country, in a move to support long-term growth.

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

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.

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Call to reform outdated oil laws to protect energy security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» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.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

Offshore oil auction bidding to start soon

Business, Yuthana Praiwan, Published on 11/12/2025

» Thailand is to invite bids for offshore oil and gas exploration in the Andaman Sea, with cabinet approval expected by the end of this month, according to Energy Ministry permanent secretary Prasert Sinsukprasert.

BUSINESS

Andaman oil to lure global investors

Business, Yuthana Praiwan, Published on 06/12/2025

» Thailand's oil and gas exploration and production scheme in the Andaman Sea is expected to draw leading international petroleum investors within two years, according to the Department of Mineral Fuels (DMF).

BUSINESS

Oil auction winners to be announced next month

Business, Yuthana Praiwan, Published on 25/11/2025

» Energy officials plan to announce the winners of the country's 25th onshore petroleum auction next month, a move meant to increase reserves and strengthen long-term economic growth.

BUSINESS

Declining prices set to ease Oil Fuel Fund Office's burden

Business, Yuthana Praiwan, Published on 06/11/2025

» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).