Thailand

CanAsia secures 30% stake in bid for Thailand’s 25th onshore licensing round

CanAsia Energy Corp. confirms it has submitted a bid for oil and gas exploration and production in Thailand, reinforcing its international strategy within a consortium and targeting a block in the 25th onshore round.

Asia-Pacific LNG physical market jumps 86% year over year despite geopolitical tensions

LNG trading volumes in the Asia-Pacific region reached 1.24 million tonnes, driven by summer demand and rising participation, despite a 21% monthly decline linked to geopolitical uncertainty.

Governments extend their stockpiles to cover 98 % of global oil

The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
en_114015072046540

PTT Oil posts record profit and accelerates expansion in Asia

PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.

Global small-scale LNG market to reach $31.78bn by 2030

The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.

Cheniere Energy Approves Expansion of Corpus Christi LNG Terminal for 2029

Cheniere Energy validates major investment to expand Corpus Christi terminal, adding two liquefaction units to increase its liquefied natural gas export capacity by 2029, responding to recent international agreements.
en_114024062029540

TotalEnergies plans to restart its Mozambique gas project by summer 2025

After four years of interruption due to regional insecurity, TotalEnergies announces the upcoming resumption of its liquefied natural gas project in Mozambique, representing a $20bn investment.

Up to 30% of ASEAN data centres could be powered without batteries by 2030

A report by Ember shows ASEAN could supply nearly one-third of its data centres with wind and solar power by 2030 without storage, provided appropriate public policies are implemented.

Ember forecasts solar and wind could power 30% of ASEAN data centres

Ember anticipates that a third of ASEAN data centre electricity demand could be met by wind and solar by 2030, without batteries, if appropriate political measures are implemented.
en_1140290952540-14

Valeura to drill ten new wells after successful campaign offshore Thailand

Valeura Energy has completed eight wells on Block B5/27 in the Gulf of Thailand, securing stable output and preparing a new investment phase at the Nong Yao field.

Asian LNG market hits record with 1,946 JKM derivatives orders

Physical and derivatives trading of liquefied natural gas in Asia reached unprecedented levels during the June pricing period, with a significant increase in bids and transactions amid the shoulder season.

EMBER: ASEAN’s interconnected grids could unlock 30 GW of solar and wind energy

A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.
en_1140290977540-3

Natural gas demand in Southeast Asia to surpass oil and coal by 2050

Driven by economic growth and renewable energy limitations, natural gas consumption in Southeast Asia is expected to nearly double by 2050, according to Wood Mackenzie.

US solar tariffs redirect supply flows to Southeast Asia

The US announcement of tariffs exceeding 3,500% on Southeast Asian solar panels is pushing manufacturers to shift focus toward high-potential regional markets.

Washington plans up to 3,521% tariffs on Southeast Asian solar panels

The United States plans to impose heavy tariffs on solar panels from four Asian countries, citing transnational subsidies supported by China.
en_1140290956540-11

Viridien secures 2,400 km² seismic reprocessing contract in Algeria with Sonatrach and PTTEP

Viridien will reprocess two 3D seismic datasets in the Berkine Basin for the Hassi Bir Rekaiz consortium over a 13-month period.

Thailand Cuts Electricity Supply to Myanmar, Impact on Energy Flows

Thailand's decision to cut electricity supply to several Myanmar border towns affects bilateral energy trade. With a loss of $1.5 million per month, this measure raises questions about the future of regional supply contracts.

Indonesia: First Small Modular Nuclear Reactor in Southeast Asia Expected by 2030

Indonesia is accelerating the development of its nuclear program and could become the first country in Southeast Asia to deploy a small modular reactor (SMR) by 2030. Despite competition from renewable energy, Jakarta is betting on nuclear power to diversify its energy mix.
en_1140290959540-3

Shell strengthens its position in the New England energy market

Shell has completed the acquisition of RISEC Holdings, consolidating its presence in the ISO New England market with a 609 MW combined-cycle power plant.

Solar supply chains: between Chinese dominance and geopolitical tensions

China, the global leader in the solar industry, is redefining the rules of international trade. Between overcapacity and growing protectionism, supply chains are undergoing unprecedented reconfiguration.

Petrofac rebounds on the London Stock Exchange despite widening annual loss

British oil and energy services group Petrofac has seen a spectacular jump in its share price after its suspension from listing was lifted, despite a heavier annual net loss.

China leads Asia in renewable energies

China dominates renewable capacity additions in Asia, but other countries need to step up their efforts to meet 2030 climate targets.

Asian refiners want OPEC+ to maintain production cuts

Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins
Stabilité Prix Pétrole OPEC+

Saudi Arabia cuts oil drilling after Aramco cancellation

Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.

Global LNG markets face a precarious balance

Global LNG markets could find themselves in a delicate balance due to a potential slowdown in US projects and growing demand in Asia.

CIP completes construction of Changfang-Xidao offshore wind project in Taiwan

CIP has completed construction of the Changfang-Xidao offshore wind project in Taiwan, increasing the country's offshore wind capacity by 25% and reinforcing its energy transition objectives.
Taiwan investit dans le offshore éolien.

Increased renegotiation of LNG contracts in Asia

Asian LNG importers are keen to negotiate lower oil-linked prices for long-term contracts in the face of an increasingly buyer-oriented market.

Angola leaves OPEC and increases oil production

Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.

Burma: insufficient energy production

Faced with a critical energy deficit, Burma blames the opposition and the climate for the crisis, exacerbating national tension.
Crise énergétique Birmanie

Tensions in the Middle East: Stable oil supplies in Asia

Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.

Thailand: LNG demand rises in the face of hot weather

Thai LNG demand climbs in Q1 2024, doubling tenders year-on-year due to warmer, drier weather.

Stable oil supplies in Asia despite OPEC+ cuts

Despite recent OPEC+ production cuts, Middle Eastern suppliers continue to ensure a stable supply of crude oil to their Asian customers, preserving long-standing commercial relationships.
energynews_thumb

U.S. oil companies’ profits shrug off crude oil downturn

Oil giants ExxonMobil and Chevron reported increased profits in the first quarter, despite lower energy prices, thanks to their refining operations and cost-saving measures, including European tax charges.

Heat wave in Thailand: increase in gas demand

Thailand is experiencing a record heat wave that will boost energy demand and promote liquefied natural gas imports as domestic natural gas production and pipeline imports continue to face constraints.

ASEAN Wind Energy 2023: a platform for the global wind energy industry

The ASEAN Wind Energy 2023 Conference and Exhibition will be held on October 30-31 in Ho Chi Minh City, bringing together more than 600 energy experts to discuss the latest trends and business opportunities in the wind energy sector.
energynews_thumb

The United States wants to build small nuclear reactors in Thailand

The United States wants to build small modular nuclear reactors in Thailand, with the hope of accelerating the energy transition.