The project uses a set of robust indicators to measure and compare the degree of revenue transparency currently demonstrated by selected companies in the oil and gas industry. The data for the Companies Report 2008 has now been collected and checked, and the report is in the pre-publication stage.

• Which companies and countries will be included in the reports?
• How can companies give input or get involved?
• Research and Engagement Process

The selection of the companies and countries that will be part of the companies and the governments report has been made in consultation with the Working Group for the Project and with input from various experts part of the Reference Group.

The companies that will be part of the Companies Report are the following 42 companies:

Amerada Hess (USA) * Aramco (Saudi Arabia) * BG Group (UK) * BHP Billiton (Australia) * BP (UK ) * Chevron Corporation (USA ) * China National Petroleum Corporation (China ) * China National Offshore Oil Corporation (CNOOC) (China) * ConocoPhilipps (USA) * Devon Energy (USA) * Eni SpA (Italy) * Exxon Mobil Corporation (USA) * Gazprom (Russia) * GEPetrol (Equatorial Guinea) * INPEX (Japan) * KazMunainGaz (KMG) (Kazakhstan) * Kuwait Petroleum Corporation (Kuwait) * Lukoil (Russia) * Marathon Oil(USA) * National Iranian Oil Company (Iran) * Nigerian National Petroleum Company (NNPC) (Nigeria) * Nexen (Canada) * Oil and Natural Gas Corporation Ltd. (ONGC) (India) * Pertamina (Indonesia) * Petro China Company Limited (China) * Petrobras (Brazil) * Petro-Canada (Canada) * Petróleos Méxicanos (Mexico) * Petróleos de Venezuela (PDVSA) (Venezuela) * Petroliam Nasional phd (Petronas) (Malaysia) * Qatar Petroleum (Qatar) * Repsol YPF (Spain) * Rosneft (Russia) * Shell (The Netherlands) * Sinopec (China) * Société Nationale des Pétroles du Congo (SNPC) (Congo) * Sonangol (Angola) * Sonatrach (Algeria) * Statoil (Norway) * Talisman Energy (Canada) * Total (France) * Woodside Petroleum (Australia)

The countries of operation that will be covered are the following 21 countries:

Algeria – Angola – Azerbaijan – Brazil – China - Congo Brazzaville - Equatorial Guinea - India - Indonesia – Iran – Kazakhstan – Kuwait – Malaysia – Mexico – Nigeria – Norway – Qatar - Russia - Saudi Arabia - US -(and Gulf of Mexico) - Venezuela

You can consult the criteria used to select the above companies and countries of operation HERE.

2008 Report on Revenue Transparency of Oil and Gas Companies

TI has been contacting the companies covered in the report (see above) and addressing their CEOs to provide background information about the project and invite them to participate in the following ways:

1. During the method review/design. The International Association of Oil and Gas Producers (OGP), the American Petroleum Institute (API) and the International Council of Mining and Minerals (ICMM) have been invited to participate in the project’s Working Group. Before the data collection phase started in April 2007 TI invited all companies covered in the report to participate in meetings to gather input on the companies report framework. In this context a meeting took place in London on March 16, 2007. To read the notes of the meeting click here.
2. During the data gathering and validation. Consultants performing the data gathering organised meetings with each company to review the process and results, as well as to obtain feedback. In August 2007, as part of the data-checking process, each of the companies covered in the report received their individual results for review. Many companies have responded positively and, following discussions, corrections have been made when necessary.
3. During and after the data analysis. Industry associations and industry representatives participating in the Working Group have been able to give input and feedback into the final report. In addition, after publication the Project will be available to support companies’ activities and workshops to discuss the findings and design further plans of action.

Participatory engagement is one of the most essential elements of the Promoting Revenue Transparency approach and methodology. Engaging and consulting stakeholders is crucial to the production of the reports and advocacy efforts they entail. The diagram below shows the engagement and research process undertaken as part of the Companies Report.

(click to enlarge)