Tag: oil

Thailand's energy sector is gearing up for 2025 advancements focusing on petroleum exploration and electricity management.

Thailand’s Euro-5 diesel mandate will drive fuel upgrades, alter diesel supply-demand, impact prices, and position Thailand as a net exporter.

Global oil markets are expected to have a surplus of over 1 million barrels per day next year due to declining Chinese demand, providing some cushion for prices.

The newly established Thai government is poised to recommence discussions with Cambodia regarding a disputed maritime zone, which is thought to contain natural gas and oil reserves valued at billions of dollars.

The Thai oil and gas industry, a significant player in the Southeast Asian energy market, is currently navigating through a series of challenges that are shaping its future.

The plan includes the liberalization of refined oil import restrictions, which is expected to help control oil prices more effectively. The government has already approved measures to maintain diesel prices and cap electricity tariffs for households.