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Search Result for “reserves”

Showing 1 - 10 of 93

BUSINESS

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.

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

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

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

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Domestic oil prices in focus in talks with PM

Business, Yuthana Praiwan, Published on 19/06/2025

» The Energy Ministry is working to allay concerns over the impact of the Israel-Iran war, pledging that authorities will continue to cap fuel prices, though this may require cutting the oil excise tax.