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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

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

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 uncertain on petroleum plans

Business, Yuthana Praiwan, Published on 14/08/2025

» SET-listed Bangchak Corporation has yet to decide whether to re-enter the petroleum business in Asia, though it is collaborating with Chevron Offshore (Thailand) to explore for oil and gas in a potential area in the Gulf of Thailand.

BUSINESS

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.

BUSINESS

PTTEP wins gas drilling licence in Algeria

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

» PTT Exploration and Production Plc (PTTEP) plans to grow its gas business in Africa after its subsidiary was granted a licence for onshore petroleum exploration and production by the Algerian government.

BUSINESS

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.

BUSINESS

IRPC realistic on glum prospects for petrochemical sector

Business, Yuthana Praiwan, Published on 05/03/2025

» Another challenging year awaits the petrochemical industry as it continues to deal with a supply glut, while a hotter trade war between the US and China could impact the sector, says IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc.

BUSINESS

PTT dismisses rumour of 3 units merging

Business, Yuthana Praiwan, Published on 22/02/2025

» PTT Group has denied a rumour its three subsidiaries -- PTT Global Chemical Plc, IRPC Plc and Thai Oil Plc -- will be merged, but stressed they need to improve their business operations.