Press contact:
Isabel Munilla
Director, Publish What You Pay US
(202) 525 - 2754 (office)
(202) 680 - 4606 (mobile)
imunilla@pwypusa.org
Passage of the Energy Security Through Transparency Provision in the Dodd-Frank Act
Publish What You Pay Coalition
MEDIA COVERAGE
US Domestic & International Media
Victory! New Transparency Law Will Promote Corporate Accountability, Justice in Nigeria Now, July 15, 2010
New Law to Incerease Transparency in Extractive Industries, Fight Corruption in Developing Countries, Global Financial Integrity, July 15, 2010
New US Law for Transparency Sets the Right Standards for Companies, July 15, 2010
Christian Aid Joins Bono and Soros in Welcoming Landmark Law on Business Transparency, Christian Aid, July 15, 2010
Senator statements supporting inclusion of ESTT amendment in Senate financial reform bill:
On May 17, Senators Cardin, Lugar, Durbin and Dodd spoke on the floor of the Senate to support the ESTT.
View Senator Cardin making the case to attach the ESTT to the Financial Services Reform bill.
Senator Lugar also delivered a speech on the Senate floor in favor of the ESTT amendment, view here.
Senator Durbin also voices support for the ESTT amendment, along with Senator Dodd.
More Disclosure Will Help Investors and Oil Companies, Wall Street Journal, August 16, 2010
Oil Industry Gets Transparency Jolt, Wall Street Journal, August 11, 2010
Paying Foreign Governments For the Right to Drill and Mine, CQ Weekly (by subscription), July 26, 2010
White House to Prod Countries on Oil Revenue 'Transparency', The Hill, July 23, 2010
Law Opens Books on Company Payments, Dow Jones Newswires, July 21, 2010
US Shines a Light, Financial Times, July 19, 2010
Congress Passes Law to End Secrecy in Oil, Gas and Mining Industry, The Hill, July 19, 2010
Obama's Financial Reform: Winners and Losers,The Week, July 19, 2010
EI Transparency Initiative (July 16th program, at 5:53 mins), BBC World Radio, July 16, 2010
Companies Will Be Ordered to Reveal Foreign Payments, The Washington Times, July 16, 2010
Wall Street Reform Includes Big Steps in Oil and Mining Transparency, Huffington Post, July 15, 2010
Civil Society Hails New Oil and Gas Transparency Standards, InterPress, July 15, 2010
Congress Passes Law to End Secrecy in Oil, Gas and Mining Industry, Bloomberg Business, Week July 15, 2010
Ki-Media (Cambodia) SPR MP's Letter to US Senator John Kerry on Concerns over Oil Revenue Transparency, August 19, 2010
The Jakarta Post (Indonesia), US Financial Reforms Affect Transparency in Indonesia, July 26, 2010
The Chronicle (Ghana), Reversing the Mining Blunder in Ghana: Miracle or Mirage?, July 26, 2010
La Tribune (France), Washington impose une vraie révolution à l'industrie pétrolière (Washington Imposes a True Revolution on the Petroleum Industry), July 22, 2010
Bisnis Indonesia (Indonesia - Largest business newspaper in the country), EITI Dorong Perbaikan Standar Industri, July 20, 2010
Bisnis Indonesia, UU Transparansi Dorong Akuntabilitas Industri Migas, July 19 2010
Phnom Pen Post (Cambodia), US Seeks Report on Resource Acquisition, July 19, 2010
US Financial Reform: A Surprise Boost for Public Financial Management in Resource-Rich Developing Countries, Ian Gary - Public Financial Management Blog, August 18, 2010
White House to Promote Global Extractives Transparency Standard in Extractive Industries, Task Force on Financial Integrity and Economic Development, July 26, 2010
Beyond Borders: What Would Congress Transparency Reforms Mean to Ghana?, GhanaWeb, July 23, 2010
Wall Street Financial Reform: Less than Meets the Eye on Financial Institutions, More than Meets the Eye on Oil Companies, Brookings, July 16, 2010
A Big Victory, Missionary Oblates for Mary Immaculate, July 16, 2010
US Financial Reform Act Requires Disclosure of Resource Payments in Developing Countries, Center for Global Development, July 15, 2010
Victory for Transparency!!, ONE Campaign, July 15, 2010
Landmark Extractive Industries Transparency Law Passed in U.S. Congress, EarthRights International, July 15, 2010
Releases by PWYP PartnersDemocratic Republic of Congo - African Association for the Defense of Human Rights: United States Gives a Good Example by adopting a law that requires extractive industries to publish all payments made to host governments, July 24 2010
In Midst of Massive Spill, Oil Industry Fighting Transparency and Accountability, Oxfam America, May 12, 2010
Oxfam Commends Senate Effort to Open the Books in the Oil, Gas and Mining Sector, Oxfam America, April 20, 2010
US Helsinki Commission Examines Human Rights in Resource Rich Countries, Oxfam America, April 22, 2010
Oil and Mining Transparency Initiative Grants Extensions to Broad Range of Countries, Oxfam America, April 16, 2010
Senate Report on Corrupt Officials Leads to Renewed Calls for Energy Security Bill (pdf), Publish What You Pay US, February 8, 2010
Foreign Oil Corruption Seeping Into the US: Senate Examines Evasion of Anti-Corruption Laws, Oxfam America, February 4, 2010
Senate Shines Welcome Spotlight on U.S. Facilitation of Corruption, Global Witness, February 2, 2010
News coverage prior to provision passing:
Letter to the editor calling for Senator Wicker to support the ESTT, the Jackson Mississippi Clarion Ledger, May 21, 2010
Senator Shelby's Vote Sought on Disclosure Proposal, AI.com, May 20, 2010
The Cleanup Can't Stop at the Shore - Karin Lissakers of Revenue Watch writes on the importance of the Cardin-Lugar amendment, The Huffington Post, May 18, 2010
As Oil Pours into Gulf, Oil Industry Fights Anti-Corruption Measure, Harper's Magazine - Ken Silverstein, May 11, 2010
Oxfam Commends Senate Effort to Open the Books in the Oil, Gas and Mining Sector, Oxfam America, April 20, 2010
US Helsinki Commission Examines Human Rights in Resource Rich Countries, Oxfam America, April 22, 2010
Oil and Mining Transparency Initiative Grants Extensions to Broad Range of Countries, Oxfam America, April 16, 2010
Senate Report on Corrupt Officials Leads to Renewed Calls for Energy Security Bill(pdf), Publish What You Pay US, February 8, 2010
Foreign Oil Corruption Seeping Into the US: Senate Examines Evasion of Anti-Corruption Laws Oxfam America, February 4, 2010
Senate Shines Welcome Spotlight on U.S. Facilitation of Corruption Global Witness, February 2, 2010
Bipartisan Bill Proposes Simple Rule Change to Help Stabilize U.S. Energy Sources and Raw Materials (pdf), Publish What You Pay US, September 23, 2009
SEC Rule Change Introduced in Senate Benefits Investors and U.S. Energy Security (pdf), Publish What You Pay US, August 1, 2008
Financial Services Committee Hears Evidence for SEC Rule Change to Level International Playing Field In Oil, Gas and Mining (pdf), Publish What You Pay US, June 26, 2008
Congress Presses Oil Companies to Halt Secret Payments, Global Witness, June 26, 2008
Revenue Watch Tells Lawmakers: Disclosure Fosters Security and Economic Stability, Revenue Watch Institute, June 26, 2008
Oxfam Applauds First Step Toward Transparency in the Oil, Gas and Mining Industries, Oxfam American, June 26, 2008
Simple, low‐cost rule change at SEC would strengthen America’s energy security and stabilize overseas business environment (pdf), Publish What You Pay US, May 15, 2008
Frank Introduces Extractive Industries Transparency Disclosure Act (pdf), Congressman Barney Frank's office, May 15, 2008
Karin Lissakers, Director, Revenue Watch Institute: testimony (pdf), addendum (pdf)
Faith Stevelman, Professor, New York Law School: testimony (pdf)
Robert Jenkens, Chairman, F&C Asset Management: testimony (pdf), addendum (pdf)
Alan Detheridge, former Vice President of External Affairs, Shell International: testimony (pdf)
Read the text of the Cardin-Lugar transparency provision in the Dodd-Frank Act.
FAQ's on the Extractive Industries Disclosure Provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act is available here.
Information on companies covered by this provision is available here.
