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SEC urged to tackle foreign payment disclosure in oil and gas

Screen Shot 2014-03-10 at 23.56.16Extract from an Financial Times article by Gina Chon published 1 June 2014

The US Securities and Exchange Commission is under growing pressure to tackle the issue of how oil and gas companies disclose payments to foreign governments. Royal Dutch Shell, ExxonMobil, several US senators and aid organisation Oxfam America have urged the agency to write new disclosure rules this year.

FULL FT ARTICLE

RELATED ARTICLE CONTAINING JOINT ROYAL DUTCH SHELL/EXXON-MOBIL LETTER TO THE SEC

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