An activist investor in Chevron Corp said on Monday it filed a shareholder resolution that would require the oil producer to report on the feasibility of ending operations in Burma.
Tag: oil and gas
Arakan petition calls for local control of resources
An Arakanese civil society group says that 300,000 people in Arakan State have signed a petition calling for greater control over resource extraction in the impoverished region.
Kyaukphyu farmers spurn compensation, say CNPC trying to trick them
Twenty-one local farmers spurn a compensation ceremony in Kyaukphyu, Arakan State, when they find that the event was being staged to conclude the matter without attempting to rectify damage to…
China firm wins approval for $3 bln refinery in Burma
The deal, approved before the National League for Democracy came into power last week, was announced on the same day as a visit by China’s foreign minister.
Arakanese activists call for local ownership of natural resources
Activists from Arakan State say they hope Burma’s incoming government will reevaluate projects that do little to benefit local populations.
19 foreign firms bid for Burmese LPG venture
Among the bidders are Thai national oil and gas producer PTT; Korean conglomerate Dae Woo; Singapore-based Puma Energy Group; and Japan’s Marubeni.