Watching the World: A close shave in Myanmar

Few oil companies can relish the idea of operating in Mynamar, given the track record of human rights activists on the one hand and the ruling junta on the other.Indeed, one need only recall the case that Unocal Corp. fought in order to get some insight into the problems likely to be faced by any company that plans to work in the country.Just last month, Unocal settled lawsuits launched against it in 1996 on behalf of villagers who claimed the company had turned a blind eye to government abuses ranging from murder to torture as it constructed the Yadana gas pipeline.But the whole issue threatens to rise up again with ChevronTexaco Corp.’s proposed acquisition of Unocal and its asset...

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