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Talks with Cambodia could focus only on profit sharing over OCA: PM

November 22, 2024

Discussions on the natural gas and oil-rich overlapping claims area in the Gulf of Thailand could shift to profit sharing instead, says the Thai premier

Thailand to explore deposits of natural gas, crude oil and petroleum

February 09, 2024

The Department of Mineral Fuels is preparing to open bidding for petroleum exploration projects in nine terrestrial fields across Thailand before the end of this year in the hope of finding petroleum, natural gas and crude oil.

Diesel price hike imminent in Thailand, as Oil Fuel Fund grapples with huge deficit

SUNDAY, DECEMBER 10, 2023

The price of diesel is likely to rise to 31.94 baht per litre from 29.94 baht if the Finance Ministry fails to extend current measures, an Energy Ministry source said.

Potential energy crisis to be discussed at Energy Ministry meeting

WEDNESDAY, OCTOBER 11, 2023

Executives of the Energy Ministry will meet on Thursday to discuss measures to respond to a possible global energy crisis as a result of the ongoing conflict in the Middle East that has pushed the crude oil price in the global market up by US$ 4 a barrel this week.

Exemption of tax on crude has no bearing on import cost: Customs dept

WEDNESDAY, SEPTEMBER 20, 2023

The Customs Department's exemption of tax on crude oil imports will not impact the import cost, Pachara Anantasilp, the Customs Department’s director general revealed following his meeting with Energy Minister Peeraphan Salirathaviphak.

Putin bans Russian oil exports to countries that impose price cap

WEDNESDAY, 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.

Thailand has crude oil reserves for 60-70 days

TUESDAY, JULY 05, 2022

Energy Minister Supattanapong Punmeechaow on Tuesday allayed fears of oil shortage, saying the country now has crude oil reserves for 60 to 70 days.

PTT and PTTEP sign an agreement to collaborate on Oman crude oil to ensure Thailand's energy security

THURSDAY, MAY 19, 2022

Mr. Auttapol Rerkpiboon, President and Chief Executive Officer of PTT Public Company Limited (PTT) has presided over the signing ceremony of the Sale and Purchase Contract of Oman crude between PTTT and PTTEP Oman E&P Corporation (POC) and PTTEP MENA Limited.

PTTEP subsidiary wins bid to explore for oil, gas in new block off Malaysia

WEDNESDAY, MARCH 23, 2022

A subsidiary of PTT Exploration and Production has won a bid to survey for oil and gas in a new block in the sea off Malaysia and produce petroleum, PTTEP said on Wednesday.

Thailand discusses purchasing of crude oil at 'friendly' price

WEDNESDAY, MARCH 09, 2022

The energy and foreign affairs ministries are negotiating with oil producing countries, including Saudi Arabia, the purchase of crude oil at lower than the global market price, Deputy Finance Minister Santi Promphat said on Tuesday.

Save Samet: Navy, pollution experts launch all-out efforts to halt oil slick

SUNDAY, JANUARY 30, 2022

The agency in charge of cleaning crude oil that began hitting the shore of Rayong’s Mae Ram Phueng beach held a press conference on Saturday to provide updates.

Close eye on crude oil prices, as cost of biodiesel in Thailand drops to 30 baht per litre

TUESDAY, NOVEMBER 30, 2021

The Energy Ministry is closely monitoring the price of crude oil because even though it dropped recently, it is still volatile and at a high level, ministry spokesman Sompop Pattanariyankool said on Monday.

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