PTTPLC, Thailands state-owned oil and gas company, signed a memorandum of understanding with auto care and tire company Bridgestone A.C.T., allowing the company to distribute PTTs lubricants at its service centers throughout Thailand. Vietnam National Petroleum Group, or Petrolimex, appointed Pham Van Thanh as its new chairman, replacing Bui Ngoc Bao, who retired earlier this month.
