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BANGKOK (AP) — Shareholders of the French energy company Total SA have voted to suspend payments of dividends to stakeholders in the joint venture company running a gas pipeline in Myanmar, the company said Wednesday. Pressure has been growing on companies with investments or operations linked to the Myanmar military to suspend any financial support […]
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French Energy Giant Total Stops Payments on Burma Pipeline BANGKOK—Shareholders of the French energy company Total have voted to suspend payments of dividends to stakeholders in the joint venture company running a gas pipeline in Burma, the company said Wednesday. Pressure has been growing on companies with investments or operations linked to the Burma (also known as Myanmar) military to suspend any financial support following a Feb. 1 coup. The Yadana pipeline is partly owned by Myanmar Oil & Gas Enterprises, a government-controlled entity. Shareholders of the Moattama Gas Transportation ...
Governments Should Take Stronger Steps to Cut Natural Gas Revenues In this file photo, the logo of French oil giant Total SA is pictured at company headquarters in La Defense business district, outside Paris. © AP Photo/Michel Euler, File (New York) – Governments and energy companies should follow up a recent decision by Chevron and Total SA to suspend payments from a gas pipeline project in Myanmar with additional steps to cut off funding to the country’s military junta, Human Rights Watch said today. While the May 26, 2021 announcement reflects a shif...
Elaine Kurtenbach FILE - In this Oct. 12, 2016, file photo, the logo of French oil giant Total SA is pictured at company headquarters in La Defense business district, outside Paris. Shareholders of the French energy company Total SA have voted to suspend payments of dividends to stakeholders in the joint venture company running a gas pipeline in Myanmar, the company says. (AP Photo/Michel Euler, File) May 27, 2021 - 1:09 AM BANGKOK (AP) â Shareholders of the French energy company Total SA have voted to suspend payments of dividends to stakeholders in the joint...