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.

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 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.