Thai PTTEP to operate Myanmar gas field after TotalEnergies exit
Thai oil and gas giant PTT Exploration and Production Pcl (PTTEP.BK) said on Monday it would take over operations of the Yadana gas field in Myanmar from July following the exit of France’s TotalEnergies (TTEF.PA).
Thai public, private sectors share climate-action plans at latest leaders’ forum
Thailand’s first-ever Climate Action Leaders Forum aims to enhance climate action literacy to boost people’s awareness of the climate crisis and the importance of operations designed to solve global warming.
Thailand agrees to buy more electricity from Laos
Thailand has agreed in principle to buy more electricity from Laos after the two Southeast Asian neighbors signed an agreement that expands energy cooperation between the two Mekong River neighbors.
Thailand approves enhanced incentives to boost EV use
Thailand has expanded incentives to boost the use of electric vehicles (EVs), the investment promotion agency said on Thursday (Apr 7), as the country looks to preserve its status as a major Southeast Asian auto production hub. Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a […]
Thailand approves tax cut on diesel to ease high prices
Thailand’s cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht ($0.0928) per litre for three months, from 5.99 baht currently, to help mitigate the impact of high energy prices.
Thailand confirms LPG hike as govt scrambles to soften impact of soaring energy prices
Prime Minister Gen Prayut Chan-o-cha has ordered government agencies to find ways of softening impacts on the public of soaring energy prices and present them at Tuesday’s Cabinet meeting.
Thailand Issues New Incentive Package for Electric Vehicle Industry
In February 2022, Thailand released new government incentives for its electric vehicles (EV) industry as part of its ambitious plan to transform 50 percent of its total auto production to EVs by 2030 and become a production base for cleaner vehicles in Southeast Asia. The new incentive package includes significant exemption in import duty and […]
Thailand keeps diesel price cap despite crude oil surge
Thailand said Wednesday it is keeping the retail diesel price cap at 30 baht ($0.90) per liter despite a sharp rise in global crude oil prices caused by sanctions on Russia for its invasion of Ukraine, as the government scrambles to blunt the impact of higher costs of living on consumers.
Thailand must accelerate to low-carbon economy to tap climate finance riches: Minister
Thailand must accelerate its transition to a low-carbon economy in all sectors to turn the Covid-19 crisis into an opportunity for growth, Natural Resources and Environment Minister Varawut Silpa-archa told a conference on Monday.
Thailand to raise oil reserve
Thai oil companies have been ordered to extend the stockpiling of reserves from 60 to 70 days to ensure enough supply for domestic use amidst the global crisis due to the Russia-Ukraine tension, according to Thailand’s Ministry of Energy.