Australian energy giant Woodside has become the latest major company to reduce its presence in Myanmar, announcing it has placed all business decisions there under review and will pull out its offshore drilling team until the outlook for the country and its political stability improves, following a letter sent to Woodside chairman Richard Goyder by the ACTU, Australian Council for International Development, Amnesty International, Union Aid Abroad and Publish What You Pay. The groups urged the company to reveal all details of its Myanmar contracts and explain how it would operate under the junta and still abide by its own human rights policy.

Read the coverage in The Australian here.