Thailand has been an oil and gas producer for many decades, with falling reserves amid rising domestic petroleum consumption. Proven oil reserves in Thailand is estimated at around 453 million barrels, while proven natural gas reserves stood at about 10.1 Tcf. PTT Exploration and Production (PTTEP), the upstream subsidiary of state-owned PTT Public Company Limited (PTT), is the dominant player in the Thai petroleum industry. Chevron, Total, Mitsui and BG Group are some of the bigger foreign companies with a presence in Thailand's petroleum sector.
Human Resources (HR) encompasses all functions pertaining to managing people within an organization through policies, systems, and strategic objectives. Recruitment, training, development, compensation, benefits, and employee relations are all functions typically managed by an HR department. HR also plays a major role in overseeing company culture, ensuring legal compliance, and aligning the human resources strategy with that of the business to minimize costs and reduce risk.