Burma Campaign UK
The Burma Campaign UK (BCUK) are celebrating the end of a decade long campaign to force Premier Oil UK out of Burma. Premier’s two largest shareholders, Petronas and Amerada Hess, will strip the company of its Burmese and Indonesian assets respectively. Premier’s name has become synonymous with corporate irresponsibility. In the 1990s the company went …
Campaigners from Friends of the Earth and The Burma Campaign UK went into today’s Premier Oil AGM to ask questions about the company’s collaboration with the Burmese military regime. But in what campaigners will cite as a clear indication of the company’s backwardness on corporate responsibility issues, regular shareholders complained about the number of questions …
Shareholders are to be given blood stained five-pound notes at AGM on Friday 10th May. The Burma Campaign UK is sending a strong message that there should be no let up of international pressure following the release of Aung San Suu Kyi on Monday. Premier Oil is the largest UK investor in Burma. “By investing …
To coincide with protests at Amerada Hess’s AGM in the US, the Burma Campaign UK is today calling on supporters to send faxes to Chairman John Hess’s direct number, calling on him to sell Hess’s 25 percent stake in Premier Oil. “We can’t be there in person but we can make sure they get the …
A new campaign to persuade Amerada Hess to sell its 25 percent shareholding in Premier Oil is launched in London today. The new campaign is aimed at increasing pressure on Premier Oil to pull out of Burma. In the first stage campaigners will use the internet to flood Hess’s UK and US offices with emails …
An initiative, launched today by eight investment funds, highlights Burma as a country posing unique problems for foreign companies. The eight institutions, including Morley Fund Management, Henderson Global Investors and Friends Ivory and Sime, represent £400 billion of investment. However, the UK’s Premier Oil, which has a controversial joint venture with Burma’s ruling junta, fails …
Premier Oil’s board was under fire today as it launched its social performance report at the company’s Annual General Meeting. The report is being attacked for not addressing fundamental concerns relating to Premier’s impact on communities along its Burmese gas pipeline, and crucially the support the company provides to Burma’s brutal military junta. “Inspector Clouseau …
The Burma Campaign UK are promising Directors of Premier Oil a rough ride at their AGM on Wednesday 16th May. Campaigners have purchased shares in Premier to enable them to attend the AGM and call for Premier Oil’s withdrawal from Burma. “Premier Oil might be a relatively small company but they are up there in …
As Premier Oil prepares for its Annual General Meeting (AGM) a new report alleges that the Yetagun consortium which includes Premier Oil, was informed that increased numbers of Burmese troops, known for serious human rights violations, would be drafted into civilian areas to provide security for Premier’s gas pipeline. The pipeline supplying gas from Burma …
The Burma Campaign UK today welcomed the news that the British Government has written to Lloyd’s of London expressing their disapproval of the marketplace’s links with the Burmese junta. The government letter now places Lloyd’s under huge pressure. In 2003 British American Tobacco pulled out of Burma after receiving similar requests from the British Government. …