Gas giants’ Myanmar exit unlikely to badly damage junta
The exit of energy titans TotalEnergies and Chevron from Myanmar´s billion dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term.
French Energy Giant Total Joins Push for Myanmar Sanctions
French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds, the largest single source of income for the country’s military leaders.
Oil majors TotalEnergies and Chevron withdraw from Myanmar
Oil majors TotalEnergies (TTEF.PA) and Chevron Corp (CVX.N), partners in a major gas project in Myanmar, said on Friday they were withdrawing from the country, citing the worsening humanitarian situation following last year’s coup.
Myanmar Resistance Forces China-Backed Nickel Plant Shut Down
Three electricity pylons supplying the China-backed Tagaung Taung nickel-processing plant in Sagaing Region have been blown up this month, forcing production to halt.
Myanmar’s Military Council announces electricity load will be reduced
For more than nine months since the military coup, Myanmar’s cities and towns have been experiencing power outages for several hours on a daily basis. More than 11 months after the coup, the Military Council announced in a military-owned newspaper on January 6 that the electricity load would be reduced across the whole country as […]
Min Aung Hlaing touts electric train plans as Myanmar suffers daily blackouts
Myanmar is not generating enough power to supply its factories and homes, and the country faces daily hours-long blackouts, but its dictator Min Aung Hlaing is dreaming about electric trains and cars.
Coast Capital calls on Total to withdraw from Myanmar oil and gas partnership
Coast Capital has called on Total Energies, a French multinational integrated oil and gas company of which Coast Capital is a shareholder, to immediately discontinue its partnership with the Myanmar Oil and Gas Enterprise (MOGE), which is directly financing the current military dictatorship’s ongoing acts of crimes against humanity, according to BusinessWire.
Myanmar public urges gas sanctions to stop military funding
The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated. She and her parents had long worked for Total Energies, the French company that operates a lucrative gas field off the coast of southern Myanmar […]
