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Australia’s Woodside Petroleum pulls out of Myanmar projects

Australia’s Woodside Petroleum says it is withdrawing from projects in strife-torn Myanmar, following a similar decision by Total and Chevron

Woodside put all its Myanmar activities under review after the military seized power a year ago, deposing the elected government of Aung San Suu Kyi and triggering mass public protests that security forces have countered by escalating violence.

Woodside said Thursday it has already relinquished some of its exploration permits in Myanmar and is preparing to end other operations there.

Continuing work in Myanmar was “no longer a viable option,” Woodside CEO Meg…

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