Artículo
Oil disclosure mandate makes the cut in Wall Street bill
The House-Senate deal on overhauling Wall Street financial rules includes a little-noticed provision that forces oil and mining companies to disclose payments made to foreign governments in connection with energy projects in their countries... The measure's spot in the bill is a defeat for the oil industry, which opposes the increased disclosure and has lobbied against the plan along with major business groups, including the U.S. Chamber of Commerce... Advocates...say increased transparency of payments will help reverse the “resource curse” in which some energy- and mineral-rich nations in Africa and elsewhere are plagued by high levels of corruption, conflict and poverty... the American Petroleum Institute (API)...called the mandates misguided... [refers to Gazprom, CNPC]