PWYP - Publish what you pay

Legislação histórica americana lança a luz sobre os milhões dos pagamentos das indústrias petrolíferas e mineiras

jwilliams — Wed, 21 Jul 2010 16:57:49 +0100

A noite passada, o Congresso dos Estados Unidos votou favoravelmente uma reforma financeira global que inclui a obrigação inédita das empresas petrolíferas, mineiras e de gás, registadas na U.S Securities and Exchange Commission (SEC) a publicarem quanto pagam a países estrangeiros e ao governo americano.

A Dodd-Frank Wall Street Reform and Consumer Protection Act deverá ser transposta a Lei pelo Presidente Obama na próxima semana, fornecendo aos cidadãos de países ricos em recursos a informação essencial para responsabilizarem os seus governos e assegurarem que os seus recursos naturais geram benefícios para todos e não só para alguns.

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Landmark US legislation sheds light on billions in payments from oil and mineral companies

jwilliams — Fri, 16 Jul 2010 10:46:50 +0100

Last night the U.S. Congress voted in favour of sweeping financial reforms which include a landmark provision requiring oil, gas and mining companies registered with the U.S. Securities and Exchange Commission to publish how much they pay to foreign countries and the U.S. government.

The Dodd-Frank Wall Street Reform and Consumer Protection Act is expected to be signed into law by President Obama next week and will give citizens of resource-rich countries essential information to hold their governments to account and ensure that natural resources generate benefits for everyone, rather than a select few.

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Crucial opportunity in campaign for country by country reporting

jwilliams — Fri, 28 May 2010 16:51:19 +0100

Pushing for a new International Financial Reporting Standard for the oil, gas and mining industries

A new global standard for extractive company reporting is under development right now. It has the potential to make companies publish what they pay for oil, gas and minerals and provide information which is essential to fighting tax evasion and corruption.

ACT NOW!

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PWYP Coalition Spotlight: Azerbaijan

jwilliams — Thu, 13 May 2010 16:54:16 +0100

The Coalition of Azerbaijan Non-Government Organizations “For Improving Transparency in Extractive Industries,” the PWYP-affiliated national coalition in Azerbaijan

In Azerbaijan, the extractive sector, mainly oil and gas, accounts for 54% of GDP, and has provided the country with stable GDP growth in recent years. Perhaps it is no surprise then that Azerbaijan was among the pioneering countries to implement the Extractive Industries Transparency Initiative (EITI). Azerbaijan soon became an EITI “poster child,” producing regular EITI reconciliation reports and being granted compliant status at the EITI international conference held in Doha in February 2009. However, these successes were somewhat overshadowed by the delays it faced in fulfilling important conditions set by the EITI Board in granting Azerbaijan its compliant status. One of these conditions was the timely establishment of a multi-stakeholder group (MSG) to formalise civil society participation in Azerbaijan’s EITI process, a crucial element of the EITI framework.

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In Midst of Massive Spill, Oil Industry Fighting Transparency and Accountability

jwilliams — Wed, 12 May 2010 15:17:02 +0100

Senate Should Pass Cardin Amendment to Financial Reform Bill

In the midst of an unfolding environmental disaster in the Gulf of Mexico, the oil industry is supporting secrecy and business as usual on Capitol Hill by opposing a critical amendment to the financial reform bill. The bipartisan amendment would increase financial transparency in the oil, gas, and mining industries and provide valuable information to investors in the United States and to citizens in poor countries around the world, says international humanitarian organization Oxfam America. The amendment is likely to face a floor vote this week.

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Job announcement: Publish What You Pay - Africa Coordinator

jwilliams — Thu, 29 Apr 2010 18:10:23 +0100

Publish What You Pay is seeking a highly motivated professional for the position of Africa Coordinator. This position is based in Accra, Ghana (though other locations may be considered) and requires frequent travel.

Click here to apply

Countries served notice by oil and mining transparency initiative

jwilliams — Fri, 16 Apr 2010 17:56:59 +0100

The board of the Extractive Industries Transparency Initiative (EITI) today considered the status of 18 countries which were unable to meet the deadline they were given in 2008 to complete external verification of their progress under the global transparency initiative.

The EITI board rejected the option of granting a blanket extension to all countries in recognition of the need to maintain its credibility as an initiative that respects its own rules. Instead, the board granted an extension to 16 countries following a case-by-case review which teased out the specific difficulties countries have faced in meeting the deadline. Countries were granted an extension if these difficulties were judged to be exceptional and unforeseen.

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Standard Setters Risk Putting Oil, Gas and Mining Companies Before Investors and Citizens In Steps Toward New Rules

jwilliams — Tue, 06 Apr 2010 19:15:05 +0100

The International Accounting Standards Board (IASB) took important steps today to improve reporting and disclosure by the oil, gas and mining industries. But extractive industry experts said the proposals have been weakened by pressure from companies and have yet to clearly recommend reporting of the full information that investors and citizens need.

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Final Statement - PWYP Abidjan Workshop

jwilliams — Tue, 09 Feb 2010 10:42:38 +0000

We, representatives of Publish What You Pay (PWYP) francophone African coalitions meeting in Abidjan (Côte d’Ivoire) from 29 January to 2 February 2010 at the PWYP Africa Francophone Workshop on the theme of “Strengthening the PWYP campaign and advocacy for greater transparency and accountability in the management of natural resources in Francophone Africa”:

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Norway shows transparency leadership by releasing first EITI report

jwilliams — Fri, 22 Jan 2010 11:50:29 +0000

This week Norway, the first OECD country to implement the Extractive Industries Transparency Initiative (EITI), took an important step by publicly releasing its first EITI report disclosing all payments of taxes and fees made by oil companies to the government in 2008.

PWYP Norway coordinator Mona Thowsen congratulated Norway at the launch event and encouraged “all resource rich countries, including other OECD countries to engage meaningfully in the EITI tripartite process…”

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