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PTTEP forecasts record sales, braces for Middle East energy risks
WEDNESDAY, MAY 06, 2026
PTTEP expects its average sales volume in the second quarter of 2026 to reach a new record high of around 560,000 barrels of oil equivalent per day.
Lightning strike ignites crude oil tank at Chonburi refinery
MONDAY, MAY 04, 2026
A lightning strike sparked a crude oil tank fire at a Chonburi refinery, with crews using foam to contain the blaze. No injuries were reported.
OPEC+ raises oil quota as Hormuz crisis keeps supply tight
MONDAY, MAY 04, 2026
Seven OPEC+ producers will lift June output by 188,000 bpd, but Hormuz disruptions mean relief for oil markets may remain limited.
Japan to support Vietnam's crude oil procurement
SATURDAY, MAY 02, 2026
Japanese Prime Minister Sanae Takaichi and her Vietnamese counterpart, Le Minh Hung, agreed Saturday (May 2) to position economic security cooperation as a pillar of their countries' bilateral relations, including Japan's public-private support for Vietnam's crude oil procurement.
US crude oil arrives in Japan for first time since Iran crisis began
SUNDAY, APRIL 26, 2026
Japan receives 910,000 barrels of US crude as it races to diversify oil supplies beyond the Middle East amid Iran tensions.
Oil jumps as Hormuz shutdown jolts markets again
MONDAY, APRIL 20, 2026
Crude prices rebounded sharply after the Strait of Hormuz was shut again, renewing fears over disrupted oil flows and a worsening US-Iran standoff
Asean refineries shut units and cut output in fight for survival
SATURDAY, APRIL 18, 2026
Refineries in Malaysia and Singapore are cutting runs or shutting units as Middle East supply disruption squeezes crude flows and drives up costs.
PTT-chartered tanker among first through Hormuz after truce
SUNDAY, APRIL 12, 2026
A tanker chartered by Thailand’s PTT was among the first fully laden VLCCs to leave the Gulf after the US-Iran ceasefire, signalling a tentative easing in a key oil chokepoint.
Bangchak says tanker’s stop in Singapore is routine shipping practice
FRIDAY, APRIL 10, 2026
Bangchak says the Middle East crude cargo cited in the Hormuz row was a normal co-loading shipment, with part of the oil delivered in Singapore before Thailand
Bangchak’s 700,000-barrel crude shipment arrives safely
WEDNESDAY, APRIL 08, 2026
A crude tanker carrying Middle East oil has arrived safely at Bangchak Sriracha, with the company saying refinery supply plans and reserves remain stable
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