Australia
Australia lags behind other countries committed to improving transparency in oil, gas and mining
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Publish What You Pay Australia is calling on the Australian Government to follow the lead of other countries in our region by committing to the Extractive Industries Transparency Initiative (EITI).
PWYP gathers pace in Australia!
On 10 June 2011 a wide range of civil society organisations gathered in Melbourne for a PWYP information and strategy development workshop. Hosted by long time PWYP member Oxfam Australia, sessions included an introduction to PWYP, examination of national coalition case studies and a strategy brainstorm for the future of the campaign in Australia. The day closed with a real sense of momentum in the quest for greater openness in the oil and mining sector in Australia.
Currently, the campaign in Australia is developing across two very exciting fronts.
Submissions to the Australian Stock Exchange recommending stronger disclosure measures
PWYP members in the Asia-Pacific region have sent submissions to the Australian Stock Exchange calling for stronger reporting measures for extractive companies. Last October, the ASX opened a consultation process as it considered increasing the disclosure measures for mining and energy companies.
PWYP Australia recommended that the ASX require extractive company issuers to report on a project-by-project basis, and called for an urgent consultation on country and project level payment disclosure.
The time is now for Australia and mining revenue transparency
Australia is a global mining giant. Our government and industry consider the country a leader in natural resource governance.
Australia to trial mining, oil and gas transparency initiative
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Publish What You Pay Australia has welcomed the Australian Government’s announcement at the Commonwealth Heads of Government Meeting that Australia will trial the Extractive Industries Transparency Initiative (EITI).
The EITI requires governments to publish what they receive in payments from mining, oil and gas companies and for companies to publish what they pay governments.
US moves to ensure taxpayers receive fair share of oil, gas, and mining dollars
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2008 Report on revenue transparency of oil and gas companies
In the 2008 Report on Revenue Transparency of Oil and Gas Companies, 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.
Publish What You Pay Welcomes Norway’s Commitment to Implement EITI
Norwegian leadership is an important step towards making transparency of natural resource revenues a global standard practice, says international civil society coalition.
TI calls on leading oil and gas companies to increase revenue transparency
London/Berlin – A majority of leading oil and gas companies are far from transparent when it comes to the payments they make to resource-rich countries, leaving the door open to corruption and hampering efforts to fight poverty, according to a report published today by Transparency International (TI).
PWYP calls on oil and gas companies to do more to fight corruption and poverty
London – In the wake of a recent report published by Transparency International [1], showing that leading oil and gas companies should be doing more to fight corruption and poverty in resource-rich countries, Publish What You Pay [2] calls on companies to publicly disclose how much money they pay to governments for the right to extract.
