The US Trade and Development Agency (USTDA) has granted funds to the Thai Ministry of Transport’s Office of Transport and Traffic Policy and Planning (OTP) to improve Thailand’s supply chain and reduce carbon emissions in its freight transportation system.

Thailand’s average headline inflation in February was at 3.79%, the lowest in 13 months, following a drop in fuel prices, the Commerce Ministry’s Trade Policy and Strategy Office (TPSO) said on Tuesday (March 7).

Japanese shipping giant, Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) to build a clean hydrogen and ammonia value chain derived from renewable energy sources in southern Thailand. The MoU was signed with Mitsubishi Thailand, Chiyoda, and Electricity Generation Authority of Thailand (EGAT), Thailand’s state-owned power generation company.

Asia Pacific-focused Jadestone Energy has completed the deal to acquire stakes in the Sinphuhorm gas field and Dong Mun gas discovery onshore Thailand, it said on February 23. The deal was announced last month.

Triangle Energy (Global) Ltd, as part of the Cliff Head Joint Venture (CHJV) with Pilot Energy (ASX:PGY) Ltd, has welcomed the news that it will receive in the vicinity of A$5.4 million since the AB Paloma tanker unloaded 50,756 barrels of oil at a refinery in Thailand late August.

A survey by the Federation of Thai Industries (FTI) revealed that Thailand’s industrial sector wants to produce its own electricity to combat the rising cost of energy but they need government support to make it work.

The Energy Regulatory Commission (ERC) is preparing to select companies qualified to sell “clean electricity” to the government under its plan to bolster renewable energy supply in Thailand.

AET, the Singapore-based maritime transport operator wholly owned by MISC Bhd, has signed a memorandum of understanding (MOU) with Thailand’s national energy company PTT for the construction of two Aframax oil tankers that will be powered by green ammonia.

LONGi has supplied KP Greenergy with 2MW high-efficiency solar modules for a floating project in Thailand. The project is designed and executed by KP Greenergy, an experienced solar EPC owned by CP Group.

Malaysian upstream company Petronas Carigali has received approval to annex offshore acreages in Malaysia and Thailand, to deliver increased gas volumes in both countries.