Campaigners fear Trump draft executive order could hit coffers of poor countries

Thursday, February 9, 2017

Draft order would sweep away regulations designed to prevent US extraction firms from making secret payments to access natural resources abroad

It is an oil-rich country with an impoverished populace, home to Africa’s longest serving dictator and a small, self-seeking elite whose excesses are epitomised by the president’s son and deputy, a playboy with a penchant for luxurious cars and crystal-studded Michael Jackson memorabilia.

Azerbaijan committed to improving transparency -SOFAZ director

Tuesday, December 6, 2016

Azerbaijan is committed to further improving transparency, the executive director of state oil fund SOFAZ said, in order to meet a key international benchmark that would make the country more attractive to foreign investors.

Trafigura reveals $33bn of state energy group deals

Monday, November 14, 2016

Trafigura, one of the world’s largest independent oil traders, has disclosed $33bn of direct deals with state-controlled producers during 2014 and 2015 — revealing for the first time the scale of its business with national energy companies

Oil Trader Trafigura Government Payments Fall to $14 Billion

Monday, November 14, 2016

Trafigura Group disclosed $14.2 billion in payments to governments in 2015, a 24 percent drop from the year before, as lower oil prices and sharply curtailed business with the Nigerian National Petroleum Corp. reduced spending.

For the first time, the figure included payments to all countries where the trading house does business, and not just those that are members of the Extractive Industries Transparency Initiative, a voluntary disclosure standard seeking to publish payments made by resource companies to governments in an effort to root out corruption.

At SLEITI’s beneficial ownership workshop …“There is need for the review of SLEITI’s legislature”- ACC Deputy Boss

Tuesday, November 8, 2016

At the Sierra Leone extractive industry transparency initiative (SLEITI) workshop on beneficial ownership and report on self assessment, the Deputy Commissioner of the Anti Corruption Commission (ACC), Shollay Davies said there was need for the review of SLEITI’s legislature.

Azerbaijan gas loans under threat after NGO ultimatum

Wednesday, October 26, 2016

Baku has four months to rewrite its laws on NGOs or be suspended from the Extractive Industries Transparency Initiative — a step that could jeopardise billions of dollars of loans for a gas pipeline linking Azerbaijan to Europe. The move highlights how the EITI, a voluntary, Oslo-based initiative, has taken on a significant role in pushing for political reform in autocratic Azerbaijan.

Azerbaijan: Aiming to please

Sunday, August 28, 2016

The need for western funds in order to complete big energy projects is forcing Baku to tackle corruption.

[Blog] Brexit Must Not Undermine Global Progress On Extractive Industry Transparency

Friday, July 1, 2016

For those working in the fight against corruption, and for transparency and accountability in the extractive and other industries, it is crucial that we secure and build on the gains of recent years.

Cameron steers drive for transparency in financial affairs

Tuesday, May 10, 2016

Questions arise about whether advancing transparency is the same thing as combating corruption.

Global politics is basically anarchic – we're ruled by the law of the jungle

Saturday, July 2, 2016

The lack of a comprehensive international tax system is a good example of the essential lawlessness of the global system.