Publish What You Pay urges oil, gas & mining firms to support US law on disclosure of payments to govts. - statements of support by 13 firms

Transparency laws are key - credit: Publish What You PayBusiness & Human Rights Resource Centre has invited 30 companies to respond to an open letter by Publish What You Pay coalitions and several of their member NGOs.  The letter urges the 30 companies to issue statements in support of disclosure by oil, gas and mining companies of their payments to governments, and of US law and regulations mandating these disclosures.  This comes in response to action by the US Congress to undo regulations under the Dodd-Frank Act requiring transparency of these payments.  The open letter to these companies states, "Country- and project-level reporting of extractive industry payments is essential for citizens in resource-rich countries to hold their governments accountable for how they use the massive revenues they receive for their finite natural resources from companies. Oil, gas and mining companies need payment disclosure to maintain their social license to operate.  Without payment transparency, citizens cannot know how much money extractive companies pay to dictatorial and non-transparent governments such as in Angola, Equatorial Guinea, and Kazakhstan."

Company responses and non-responses (full responses posted below):

Statements in support

Other responses

Have not responded

Anglo American [pdf]

Barrick Gold

BHP Billiton [doc]

Freeport-McMoRan

Glencore [doc]

Goldcorp [pdf]

Gold Fields

Kosmos Energy [pdf]

Newmont Mining

Rio Tinto

Teck Resources

Total [pdf]

Vale

 

 

ConocoPhillips

Chevron

 

 

 

 

 

 

 

 

 

 

 

 

 

AngloGold Ashanti

ArcelorMittal

BP

Eni

ExxonMobil

Hess Corp.

Hudbay Minerals

IAMgold

Kinross

Marathon Oil

Noble Energy

Pemex

Petrobras

Shell

Statoil

Further materials and commentary about the repeal of regulations adopted to enact Dodd Frank Act section 1504 on extractive industry revenue transparency are available here and here.

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Article
24 March 2017

Noble Energy did not respond

Noble Energy did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
27 February 2017

Petrobras non-response

Petrobras did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

AngloGold Ashanti non-response

AngloGold Ashanti did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

ArcelorMittal non-response

ArcelorMittal did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

BP non-response

BP did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

ExxonMobil non-response

ExxonMobil did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

Hess non-response

Hess Corp. did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

Hudbay Minerals non-response

Hudbay Minerals did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

IAMgold non-response

IAMgold did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.

Company non-response
24 February 2017

Kinross non-response

Kinross did not respond to Publish What You Pay-US's call for EITI companies to issue statements regarding the repeal of transparency regulations under US Dodd-Frank Act section 1504.