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444 By Susan Ariel Aaronson and David Deese With a reaction by ...

444 By Susan Ariel Aaronson and David Deese With a reaction by ...

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The researchers found 23 of 25 companies provided little information at all. TwoCanadian companies stood apart as exemplary: Talisman <strong>and</strong> TransAtlantic.181 Thebiggest U.S. <strong>and</strong> European oil companies showed much worse results: of the big five,Shell was ranked highest, closely followed <strong>by</strong> Chevron Texaco, BP <strong>and</strong> Exxon Mobil.The worst performers were Total of France, Lukoil of Russia <strong>and</strong> Petro China (partlystate owned), <strong>and</strong> state-owned energy companies China National Petroleum Company(CNPC) <strong>and</strong> Petronas (Malaysia). These companies disclosed none of their revenuepayments, provided little in supportive disclosure, <strong>and</strong> reported nothing on any anticorruption<strong>and</strong> whistle blowing activities.182Some two years later companies were doing more to disclose their payments inrecourse rich countries, but such disclosure was sill inadequate. In 2008, the NGOTransparency International examined some 42 companies operating in 21 countries.183The group found more companies were reporting systemically on a country basis. Theexemplars on payments to host governments, termed “proactive disclosers,” includedNexen (Canada), Petro Canada, Shell (Netherl<strong>and</strong>s) Statoil (Norway), Talisman(Canada), <strong>and</strong> Petrobras (Brazil). Thus, they included only one of the big 5. The NGO,however, found wide differences among companies <strong>and</strong> even between differentcompanies in the same countries. Disclosure was selective; depending on the country inquestion. Moreover, state owned oil companies were less likely to report thaninternational oil companies, unless they were listed on stock exchanges (i.e. with somedegree of public ownership).463

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