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French energy giant caught in turmoil shadowing Myanmar gas sector

French energy giant caught in turmoil rocking Myanmar gas sector

(ATF) French oil and gas major Total finds itself in the geopolitical crosshairs over its decision to remain in Myanmar while other corporate giants are pulling up stakes. Total chief executive Patrick Pouyanne said his decision to stay the course and continue to produce natural gas and pay taxes to …

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More foreign firms suspend or cut ties with Myanmar military

More foreign companies suspend or cut ties with Myanmar military

(ATF) As any PR person will tell you, governments that slaughter their own citizens will struggle when it comes to doing business. Very few companies will tolerate being linked to gross human rights abuses, and that appears to be the case with the Tatmadaw – as the notorious Myanmar military …

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Myanmar coup: Did the generals fear losing their billions?

Myanmar coup: Did the generals fear losing their billions?

(ATF) Business and normal life in Myanmar is in disarray. Deep and widespread opposition to the coup imposed by the military at the beginning of the month has led to a nationwide civil disobedience movement that has disrupted major sections of the government and the economy.Services at many banks, public …

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Shell to focus on biofuels, electric-charging, LNG and hydrogen

Shell to focus on biofuels, electric-charging, LNG and hydrogen

(ATF) Energy giant Royal Dutch Shell said on Thursday it will invest up to $6 billion a year in green energy with more funding for biofuels and electric car charging. The Anglo-Dutch conglomerate – the world's largest oil and gas trader and the fifth biggest company in the world, according …

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China LNG buyers to double imports, boost investment

China LNG buyers to double imports, boost investment

A group of niche Chinese gas firms is set to make waves in the global market with plans to invest tens of billions of dollars and double imports in the next decade as Beijing opens up its vast energy pipeline network to more competition.The companies, mostly city gas distributors backed …

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