USA

Norway and USA to share best practice on EITI

Ken Salazar, US Secretary of Interior, and Ola Borten Moe, Norwegian Minister of Petroleum and Energy, met on Tuesday to discuss cooperation in the energy sector between Norway and the USA.

EITI media roundup, July 2010

The EITI Secretariat monitors on a daily basis global media for mentions of the EITI. Below are some of the articles from the past month that the EITI Secretariat has picked up.

The EITI and the ESTT Act

As earlier reported US Senators have introduced a bill titled The Energy Security Through Transparency (ESTT) Act. The EITI International Secretariat has issued the following statement about the bill:

US Senators Introduce Energy Payment Transparency Bill

US Senators introduced on 23 September the The Energy Security Through Transparency (ESTT) Act. In a press release the bi-partisan group of five US Senators, Dick Lugar (R-IN), Ben Cardin (D-MD), Chuck Schumer (D-NY), Roger Wicker (R-MS), and Russ Feingold (D-WI) state that they introduced legislation in order "to reverse the “resource curse” by requiring companies to reveal payments made to U.S. and foreign governments for oil, gas and minerals.

The solution for Africa starts with transparency, says US Secretary of State

In a speech on 5 August in Nairobi, US Secretary of State Hillary Clinton lauded African countries for participating in the EITI. Addressing Africa’s challenges, Clinton said: “The solution starts with transparency. A famous judge in my country once said that sunlight is the best disinfectant, and there's a lot of sunlight in Africa. African countries are starting to embrace this view through participation in the Extractive Industries Transparency Initiative. Creating a favorable investment climate requires countries to translate politics into governing.”

G8 calls for countries and companies to adhere to the EITI

When the G8 leaders met in L’Aquila in Italy 8 July, they confirmed their support of the EITI, and promised to intensify G8 countries’ efforts to promote Validation by all EITI implementing countries. The G8 has expressed its support of the EITI at its summits since the G8 Summit in Evian in 2003. This year, the G8 leaders call for other developing and emerging countries and companies to adhere to the EITI.

US lawmakers praise EITI success

US lawmakers continue to demonstrate their support for the EITI.

“The Obama Administration strongly supports EITI”

Last week the EITI and its partners held several meetings in Washington DC. Deputy Assistant to the US President, Michael Froman, expressed his government's strong support for the EITI and its principles, while speaking at a reception hosted by EITI Chairman Peter Eigen. Member of the EITI Board, Anthony Richter, reported from the event

Peter Eigen speaks about the EITD Act

Speaking about the the proposed legislation in US Congress that aims to improve the transparency about revenues from resources, Chairman of the EITI, Dr Peter Eigen went on record saying the following: