Hundreds of oil, gas and mining companies have now reported their payments to governments, as required by the Canadian Extractive Sector Transparency Measures Act (ESTMA). Citizens now have access to a massive pool of previously hidden payment data that can help fuel their efforts to hold governments and companies accountable for how their natural resources are managed. The hundreds of…
A guest blog by Eleni Chatzivgeri, Lynsie Chew, Louise Crawford, Martyn Gordon and Jim Haslam. This post originally appeared on the Publish What You Pay International Secretariat blog on June 6, 2017 The new mandatory rules for large and publicly listed extractive companies according to the EU Accounting Directive (transposed as UK SI 3209) represent a significant step forward in…
Read the full post on Extract-A-Fact By David Mihalyi, Natural Resource Governance InstituteThis post originally appeared on www.resourcegovernance.org on May 15, 2017 Tullow’s first year of reporting coincides with first oil from the Jubilee field in 2011. Recently released reporting for 2016 corresponds to production at TEN. This six-year span was particularly volatile: Ghana’s oil sector grew rapidly and was…
Read the full post on Extract-A-Fact By Jessie Cato, Publish What You Pay – AustraliaThis post originally appeared on the Devpolicy Blog on May 18, 2017 Australia has one of the largest global footprints of extractives companies operating abroad. Research by Publish What You Pay (PWYP) Australia and ESG research house CAER in September 2016 found that the 22 Extractives…
PWYP-US Extract-A-Fact Newsletter April 2017 Extract-A-Fact is dedicated to empowering stakeholders to put extractives data to use. Over the next year, we would like to host a series of training webinars aimed at providing the skills you need to use oil, gas and mining data. To help us design our upcoming webinars, please fill out this survey. To participate in our previous…
The twelve Senators call on the SEC to reissue a strong anti-corruption safeguard on oil, gas, and mining companies implementing the requirements of Section 1504 of the Dodd-Frank Act.
Senator Benjamin Cardin along with Senators Leahy, Brown, Markey, Whitehouse, Kaine, Shaheen, Menendez, Coons, Warren, Murphy, and Merkley sent a letter dated April 4, 2017 to Acting SEC Chair Michael Piwowar and SEC Commissioner Kara Stein. The Senators call on the SEC to reissue a strong anti-corruption safeguard on oil, gas, and mining companies implementing the requirements of Section 1504…
This post also appears on www.ExtractAFact.org For many us, whom have dedicated years to advocate for the laws that require the disclosure of payments in Canada, the time has come! Reports required to be disclosed in accordance with the Extractive Sector Transparency Measures Act (ESTMA) are piling up, and shortly (May 2017) we expect there to be hundreds and hundreds…
This post also appears on www.ExtractAFact.org A change in government often brings significant shifts in policy. Major initiatives taken up by a previous administration can be slowed or reversed, and information that was once publicly available may be taken down or censored. The White House webpage provides some clear examples of this phenomenon. Following the inauguration this past January, press…
As civil society members of the U.S. EITI, we are saddened and alarmed that the United States will no longer comply with the standard of a crucial transparency initiative that it has supported since 2003.