Takaichi orders measures to ensure petroleum product supplies
TUESDAY, MARCH 24, 2026
Japan will begin releasing 30 days of state oil reserves this week as the government races to secure fuel supplies amid mounting Strait of Hormuz disruption.
Vietnam cuts MFN oil import tariff to 0% to tackle energy crisis
SATURDAY, MARCH 21, 2026
Vietnam has cut Most-Favoured Nation import tariffs on petrol and petroleum products to 0% until April 30, 2026, to stabilise energy supplies amid global market turmoil
US lets countries buy Russian oil stranded at sea for 30 days amid price surge
FRIDAY, MARCH 13, 2026
The US has temporarily allowed countries worldwide to buy Russian oil stranded at sea for 30 days, hoping to boost supply after the Iran war sent crude above US$100.
Thailand signals major energy shift with plan to open Andaman petroleum blocks as Gulf reserves decline
SATURDAY, DECEMBER 06, 2025
Energy Minister Auttapol Rerkpiboon confirms Thailand will open petroleum exploration blocks in the Andaman Sea, citing strong geological potential and the need to reduce reliance on disputed Thai-Cambodian waters. The move forms part of a broader strategy to secure new energy sources and accelerate the transition towards clean energy.
Auttapol Rerkpiboon, former PTT CEO, tipped as new energy minister
SATURDAY, SEPTEMBER 06, 2025
Auttapol Rerkpiboon, former president and CEO of PTT, is set to become Thailand’s next energy minister under the incoming government of Prime Minister Anutin Charnvirakul, the country’s 32nd premier.