Woodside forced to change tack
Woodside, Australia’s largest oil and gas company with a license to drill for natural gas in the Rakhine Basin, has felt the pressure of community protests and changed tack.
Following the February 1 coup, Woodside initially said their “drilling campaign remains on schedule”. Chief Executive Officer Peter Coleman told
Energy News Bulletin, “It’s not up to us to judge the veracity of grievances [the military] have around the previous election process.”
In response to the vehement backlash to these comments, Coleman released a media statement on February 19, which said: “I regret that I made some remarks in a media interview that have been interpreted as condoning what has occurred in Myanmar.”
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Other previous departures include former CEO, two executives Some investors suggest that more board members should leave (Recasts and writes through)
By Melanie Burton
MELBOURNE, March 3 (Reuters) - Rio Tinto, the world s biggest iron ore miner, said on Wednesday its chairman would step down next year to take responsibility for the destruction of ancient rock shelters, the latest in a string of high-profile departures over the blasts.
Simon Thompson will step down after next year s annual general meetings, while non-executive director Michael L Estrange, who led the review into the company s handling of the incident, will retire in May. I am ultimately accountable for the failings that led to this tragic event, Thompson said in a statement.
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