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Search Result for “petroleum”

Showing 1 - 10 of 790

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

Tech and healthcare investment outlook good

Business, Published on 12/02/2026

» Foreign investors are expected to continue investing in advanced technology, healthcare and sustainability industries this year, following a record high of 324 billion baht in outlays last year, according to the Department of Business Development (DBD) at the Ministry of Commerce.

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

Collection 2% short of target in Q1

Business, Wichit Chantanusornsiri, Published on 27/01/2026

» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.

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

American invasion likely to shape crude prices, baht

Business, Wichit Chantanusornsiri, Published on 06/01/2026

» The US invasion of Venezuela is likely to send global oil prices lower and weaken the baht, according to a researcher, while managing economic and diplomatic policy amid geopolitical entanglements could become more complicated.

BUSINESS

Election puts new rules in limbo

Business, Wichit Chantanusornsiri, Published on 05/01/2026

» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.