The decision by the restored president, Fradique de Menezes, to publicly disclose all transactions resulting from oil activities in Sao Tome and Principe's territorial waters has therefore been warmly welcomed by international lenders and development agencies....some promising examples of more open book-keeping are slowly emerging...Essential to [these] cases, however, was the initial willingness of the national government to pursue a policy of openness. [refers to BP, ChevronTexaco, ExxonMobil]