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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

Business & 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.

Company Responses

Kosmos Energy View Response
Glencore View Response
Anglo American View Response
Rio Tinto View Response
Goldcorp (now Newmont) View Response
ConocoPhillips View Response
Newmont (formerly Newmont Goldcorp) View Response
Barrick Gold View Response
Freeport-McMoRan View Response
Teck Resources View Response
Gold Fields View Response
Chevron View Response
AngloGold Ashanti

No Response

ArcelorMittal

No Response

BP

No Response

Eni

No Response

ExxonMobil

No Response

Hess Corporation

No Response

Hudbay Minerals

No Response

Iamgold Corporation

No Response

Kinross Gold

No Response

Marathon Oil

No Response

Petrobras

No Response

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