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Search Result for “surge”

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

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

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

New power plan to look at future supply

Business, Yuthana Praiwan, Published on 14/10/2025

» Authorities have started drafting a new version of the power development plan (PDP), focusing on the nation's long-term power supply management amid a surge in solar power, says the Energy Policy and Planning Office (Eppo).

BUSINESS

Moves to address renewables supply flaw

Business, Yuthana Praiwan, Published on 29/09/2025

» While greater renewable energy usage has become a crucial part of efforts to curb carbon dioxide emissions produced by fossil-derived fuels, experts warn that cleaner energy may not always ensure a reliable supply.

BUSINESS

Cheaper power bills seen on the horizon

Yuthana Praiwan, Published on 30/07/2025

» The prices of electricity bills will become slightly cheaper during the last four months of the year as authorities have agreed to decrease the power tariff by 0.03 baht per kilowatt-hour (unit), says Energy Minister Pirapan Salirathavibhaga.

BUSINESS

Surge in demand for jet fuel during first 5 months

Business, Yuthana Praiwan, Published on 10/07/2025

» Jet fuel led energy consumption in Thailand from January to May this year, with usage increasing by 12.3% year-on-year over the first five months of 2024, surpassing demand for other fuels in the transport and manufacturing sectors, said the Department of Energy Business.

BUSINESS

Opec production increase expected to keep oil prices low

Business, Yuthana Praiwan, Published on 08/07/2025

» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.

BUSINESS

Share of global printed circuit board market set to surge

Business, Yuthana Praiwan, Published on 26/06/2025

» Thailand's printed circuit board (PCB) industry is expected to gain a global market share of 20-25% by 2027, driven by electric vehicle (EV) manufacturing and artificial intelligence (AI) development, though its rapid growth could be stunted by a shortage of skilled workers, according to the Thailand Printed Circuit Association.