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Article

20 Jun 2004

Author:
Ian Fraser, Sunday Herald [UK]

Isis vows an end to murky oil payments

THE sometimes murky payments made by oil majors to the governments of such developing nation-states as Angola, Iran, Kazakhstan, Libya and Nigeria are set to come into the open following an initiative led by fund managers Isis Asset Management...Isis has assembled a consortium of more than 60 investors – including Fidelity, Hermes, Insight, Morley, Schroders and State Street...[refers to BP, Shell, Exxon, ChevronTexaco, Statoil, Total, Halliburton, Technip (Technip Coflexip), ENI, Japan Gasoline, Nigerian National Petroleum, Agip (part of ENI)]