TotalEnergies and Chevron, two of the world’s largest energy conglomerates, are stopping all operations in Myanmar
PARIS — TotalEnergies and Chevron, two of the world’s largest energy conglomerates, said Friday they were stopping all operations in Myanmar, citing rampant human rights abuses and deteriorating rule of law since the country’s military overthrew the government.
The announcement came just a day after the French company called for international sanctions targeting the oil and gas sector, which remain one of the military government’s primary sources of funding.
Total and Chevron had come under increasing pressure over their role in running the offshore Yadana gas field, and Thailand’s PTT Exploration & Production. Total has a majority…
