Thailand’s state-controlled oil firm PTT is planning investment of 850.6bn baht ($28.3bn) across all its operations over the next five years, as it focuses on developing the country’s LNG and natural gas industry while seeking future energy opportunities.

Singapore-based Envision Digital International has been tapped to develop the first smart grid for Thailand’s major energy company, PTT Public Company (PTT), which contributes to approximately 16% of the country’s GDP. The contract involves developing an AIoT smart grid at Vidyasirimedhi Institute of Science and Technology (VISTEC), powered by Envision Digital’s AIoT operating system EnOS. By integrating floating solar panels, rooftop solar panels, energy storage system, […]

BANGKOK – Thailand’s state-owned energy company, PTT, has partnered with the nonprofit Energy Web Foundation to create a new blockchain-based renewable energy system. Their goal is to develop a regional energy solution that’s compliant with the International Renewable Energy Certificates Standard (I-REC). Which provides certificates to companies verifying that their green energy is legitimate and derived from a reliable and […]

Thailand’s PTTEP (BKK:PTTEP) has announced another “significant gas discovery” from its first exploration well in the United Arab Emirates (UAE), together with partner Eni (MIL:ENI) of Italy, that paves the way for “establishing a strong presence” in the Middle East nation.

PTT Exploration & Production (BKK:PTTEP) will expand its investment in the United Arab Emirates (UAE) by acquiring a 25% stake in Area C onshore block from Italy’s Eni. The state-backed Thai upstream player said the investment fits with its strategic focus on prolific petroleum areas in the Middle East.

Thailand’s state-backed upstream player PTT Exploration & Production (PTTEP) said Monday that its $2.45 billion deal to buy a 20% stake in one of Oman’s strategic gas fields from UK major BP will pave the way for future investments in the Middle East.

Thailand’s state-owned energy company PTT Exploration and Production (PTTEP) has announced its intention to bid for the Yadana gas field in Myanmar, following the exit of TotalEnergies and Chevron in response to the mounting humanitarian crisis since the nation’s military coup.

Analysts at Macquarie bank believe Thai upstream player PTT Exploration & Production (PTTEP) is set to outperform as it is bolstered by strong crude prices and the mitigation of risk that output will disappoint at Erawan.

Thailand’s goal of generating a third of its overall energy consumption from renewable sources in 18 years is expected to open unexplored business models that could create new jobs in the country. According to GovInsider, Thailand has been hard at work in producing wind and solar power as part of its goal. Chief of Enterprise Architecture […]

Thailand’s state-owned enterprises (SOEs) have invested over Thb100 billion ($3bn) in energy infrastructure projects between January and June this year.