News and resources
Explore our publications on a wide range of topics, to find the powerful facts, stories and approaches that underpin our work to make the extractive industry more open, accountable and participatory.
An extended country-by-country reporting standard. A policy proposal to the EU. Volume 2
• Natural resources have the largest value creation potential to mobilize tax revenue, but profit often ends up elsewhere • Today, the Extractive Industries can transfer significant profits out of the source country before it’s get taxed • One simple policy proposal, aligned with US and EU regulation, will give investors and constituents the instrument […]
Transparency Agreement – A Tool for Multinational Transactions
• Tax administrations do not have access to the entire document trail within multinational companies today • The Transparency Agreement can change this, on a sampling basis, so that tax administrations obtain the insight they need • The Transparency Agreement can be used by individual countries, or by groups of countries unilaterally Written by: Frian […]
Downstream pollution of upstream numbers
Because of downstream numbers in Statoil’s upstream country-by-country report the report is not transparent. Reporting only the purchase of goods and services, and not all costs, creates the illusion that profits from the extraction activities (upstream) are higher than they actually were. Statoil’s report is so misleading that Statoil should republish with correct numbers for […]
Ignoring the elephant in the room? Why financial transparency is necessary to finance development
Sustainable development goals are wishful thinking unless we finance them. Financial transparency and taxes are the keys to finance development. Did you know that one mechanism that can fight financial secrecy already exists? It is low cost, effective, and targeted to use. It will show where the money is built up. The only thing missing […]
Join the hearing on extended country-by-country reporting this summer
This article was originally posted on the PWYP Norway website There are mechanisms against the Panama leak. The Ministry of Finance is scheduling the most important hearing which can give transparency into companies for “summer.” Urgent Rasmus Hansson from MDG (Environmental Green Party) is tired of The Ministry of Finance wasting time. Hansson refers to […]
How PWYP-Indonesia is Turning Extractives Transparency into Accountability
The Importance of Project by Project Disclosure This blog was originally posted on the PWYP-US site on July 28, 2016. Indonesia’s vast natural resources wealth includes oil, gas, bauxite, silver, and gold. Indonesia is the world’s second largest tin producer, and one of the top five producers of copper and nickel. The extractives sector plays […]
It’s Official – the SEC rule has been published in the US
The long-awaited rule released by the Securities and Exchange Commission (SEC) on 27th June 2016, known as Section 1504, is a historic achievement and a significant step forward for transparency in the extractive sectors. The final rule was published in the Federal Register on 27th July, 2016 and becomes effective starting 26th September, 2016. The […]
Panama Papers reveal secret offshore deals deprive Africa of billions in natural resource dollars
New evidence shows oil, gas & mining firms use loopholes and avoid tax depriving communities of much-needed resource income The latest Panama Papers leaks by the International Consortium of Investigative Journalists (ICIJ) reveal that Mossack Fonseca has played a significant role in oil, gas and mining deals in Africa that have sparked public allegations of […]
A global transparency wave: the SEC rule and Indonesia
Last month, the US Securities and Exchange Commission (SEC) passed a rule that will require resource extraction issuers to disclose the payments that they make to governments for the commercial development of oil, gas and minerals resources. This is a significant step forward also for Indonesia as several companies listed in the US operate in […]
A hot summer for extracting oil, gas and mining data – Q&A
This is the second in a two-part Q&A about PWYP’s Data Extractors programme, its progress and its potential to help PWYP members seize the opportunities of open data. The programme’s manager James Royston, PWYP Advocacy Officer, spoke with Jed Miller, a longtime digital strategist and PWYP colleague who helped facilitate the Data Extractors workshops in […]
PWYP-US Workshop 2 – Calculating and visualizing USEITI data using QGIS
This blog was originally posted on www.ExtractAFact.org on July 11, 2016. On June 7, Publish What You Pay – United States held the second training workshop on using extractives data and QGIS, an open source GIS mapping application. This time around, we delved deeper into visualizing data, and explored how to calculate a new data […]
Protecting civil society space is key to stopping human rights abuses
New UN Human Rights Council resolution protecting civil society organisations is a step forward.