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U.S. energy company Chevron has confirmed its withdrawal from operating in the Yadana natural gas field in Myanmar A Chevron spokesperson announced the company's departure from operations in Myanmar, confirming the sale of its shares to Junta-owned Myanma Oil and Gas Enterprise (MOGE) and Thailand-based PTT Exploration and Production (PTTEP). Chevron pulls out of Myanmar, two
At Thai-Myanmar border, conflicts have momentarily quieted.
Myanmar is facing a structural metamorphosis, putting its South and Southeast Asian neighbours on alert.
Min Aung Hlaing’s administration is facing energy shortages as it struggles to quell opposition to its rule.
Singapore-listed ETC is selling its stake in Yangon’s Golden City project, built on military-owned land, but the buyer is a related company, rights group JFM said.