Thai Oil has signed a memorandum of understanding with Eastern Water Resources Development and Management (East Water), which will undertake water distribution and resource development programmes to support Thai Oil’s clean-fuel project in the Eastern region, chief executive officer and president Wirat Uanarumit said.

Electricity Generating Public Company Limited (EGCO) announced a net profit in 2018 of Bt21 billion and expected to pay the final dividend from the second-half-year operation of 2018 at Bt3.5 per share. The company said it will continue to focus on pursuing overseas power business and other opportunities in the Asia Pacific region.