Promoting Revenue Transparency: 2008 Report on Revenue Transparency of Oil and Gas Companies

P R O M O T I N G R E V E N U E T R A N S PA R E N C Y

2008 Report on Revenue Transparency of Oil and Gas Companies

International Secreteriat Alt-Moabit 96 10559 Berlin, Germany Phone: +49 - 30 - 34 38 200 Fax: +49 - 30 - 34 70 39 12 prt@transparency.org www.transparency.org

PROMOTING REVENUE TRANSPARENCY 2008 Report on Revenue Transparency of Oil and Gas Companies

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Promoting Revenue Transparency: 2008 Report on Revenue Transparency of Oil and Gas Companies

Published on Apr 26, 2008

Transparency International

In this report, Transparency International (TI) evaluates 42 leading oil and gas companies on their current policies, management systems and performance in areas relevant to revenue transparency in their upstream operations. Revenue transparency in this report includes three areas of corporate action where disclosure can contribute to improved accountability in the management of extractive revenues: payments to host governments, operations and corporate anti-corruption programmes. The companies are evaluated in a total of 21 countries of operation. This report is a featured product of TI’s Promoting Revenue Transparency Project and attempts to characterise current levels of company revenue transparency, to point to best practices, and to suggest areas for improvement.

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