Pressure is growing for greater accountability and
transparency in oil and mining operations, especially in Africa, due to
the strengthening of the Extractive Industries Transparency Initiative
and the imminent application of the United States’ Dodd-Frank Act. Yet
major disagreements between companies, governments and anti-corruption
activists emerged at the EITI’s biennial conference in Paris on 2-3
March, its biggest ever. Large oil companies, led by Royal Dutch Shell,
argue that any extension of the compulsory accountability provisions of
the Dodd-Frank Wall Street Reform and Consumer Protection Act would
undermine voluntary agreements such as EITI (AC Vol 51 No
European and African officials backed moves at the Paris conference to toughen laws on company payment disclosures, despite strong opposition from oil and mining companies, includi...
Songas consortium consists of PanAfrican Energy Limited, a subsidiary of Orca Exploration, CDC Globeleq and the state-owned Tanzania Petroleum Development Corporation (TPDC). Songa...
Congo-Kinshasa’s armed forces
comprise about 150,000, including 2,500 in the Navy, 3,000 in the Air
Force and 15,000 in the Republican Guard. Military observers believe