Investigations by Global Witness,Rights and Accountability in Development (RAID)and others have revealed significant cases of fraud, corruption and other abuses involving AIM extractive companies.
This week, together with the Carnegie Endowment for International Peace, Global Witness co-hosted a wide-ranging discussion on oil corruption, why it matters and how the US government –and companies – can be part of the solution.
The following case study is part of the Publish What You Pay International Secretariat’sData Extractors program, a global initiative that trains Publish What You Pay members and activists around the world to put extractives data to use to fight for a more open and accountable natural resource sector. Is the United States getting a good deal on its natural resources?…
IG Report Ignores Industry Actions and Process Challenges That Threaten Transparency Initiative On June 7 and 8, the U.S. Department of the Interior was to host the twentieth meeting of a multi-stakeholder group (MSG) focused on increasing transparency in this country’s oil and mining sector through implementation of the Extractive Industries Transparency Initiative (EITI) Standard. Those meetings did not happen….
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…
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…
Without proper management, oil revenues could instead exacerbate poverty by further perpetuating Uganda’s long history of endemic government corruption.