ShippingWatch

EU adopts new transparency rules for oil and gas companies

The European governments in the EU have reached consensus on adopting some preliminary rules for transparency in oil and gas companies. The rules are similar to those the U.S. imposed upon its companies last year involving data on payments to foreign governments.

Photo: Maersk Oil

It should be more transparent who oil and gas companies pay money to when they are operating in other countries. This belief is shared by the EU who today adopted a tightening of the rules concerning what information oil and gas companies must provide when they pay foreign governments. The rules are similar to those in the U.S., writes Rigzone.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

Related articles

Latest news

See all jobs