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Ministry of Energy prepares to handle Middle East conflicts

October 08, 2024

Thailand's oil stocks sufficient to cope with disruptions to oil production and exports from Mideast region, ministry says

Putin bans Russian oil exports to countries that impose price cap

December 28, 2022

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that impose the cap.

US reviews Saudi ties after Opec+ announces huge slash in oil production

FRIDAY, OCTOBER 07, 2022

The United States is reviewing several options regarding its relationship with Saudi Arabia after Riyadh and other Opec+ nations agreed this week to large cuts in oil production, US Secretary of State Antony Blinken said on Thursday.

Macron tells Biden that UEA, Saudi can barely raise oil output

TUESDAY, JUNE 28, 2022

French President Emmanuel Macron said on Monday the Crown Prince of the United Arab Emirates, Sheikh Mohammed bin Zayed (MbZ), told him two top Opec oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.

Cabinet to decide on diesel tax cut tomorrow

MONDAY, FEBRUARY 14, 2022

The Finance and Energy ministries are finalising their proposal to the Cabinet tomorrow (February 15) to seek a reduction in diesel tax from the current 5.99 baht per litre, which is based on oil consumption of about 2 billion litres per month.

OPEC+ talks delayed as split deepens between key gulf allies

WEDNESDAY, DECEMBER 02, 2020

OPEC+ talks were delayed for two days to give ministers more time to reach a deal, after a long and tense meeting on oil production broke down without an agreement.

Trump says Saudis, Russia will cut production after MBS call

WEDNESDAY, APRIL 01, 2020

President Donald Trump said he expects Saudi Arabia and Russia to cut oil production by about 10 million barrels after he spoke by phone with Crown Prince Mohammed Bin Salman on Thursday.

Saudis, Kuwait agree to resume oil output at shared fields

TUESDAY, DECEMBER 24, 2019

Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output.

Blocks fall in Cambodia as oil interest dries up

FRIDAY, SEPTEMBER 08, 2017

CAMBODIA’S aspiration to become a oil-producing nation rests almost entirely on its development of offshore Block A, as depressed global oil prices have discouraged companies from investing in exploration activities and all but two of the Kingdom’s concession licences have been revoked or allowed to expire.

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