Energy, Mining & Utilities

Ecuador's government recently ruled indigenous opposition to Amazon oil development a "cause beyond control." That leaves the companies free to pull out. It could also be an excuse to step up repression.
Total SA, reacting Thursday to comments by French President Sarkozy urging the oil and gas giant to refrain from new investment in Myanmar, said it had not made any capital expenditure there since 1998. The military junta that rules Myanmar this week escalated its efforts to repress pro-democracy demonstrations led by thousands of Buddhist monks.