# Promoting Revenue Transparency: 2008 report on revenue transparency of oil and gas companies

URL: https://www.transparency.org/en/publications/promoting-revenue-transparency-2008-report-on-revenue-transparency-of-oil-a
Type: Publication or report
Published: 2008-04-26
Updated: 2020-04-07

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26 April 2008

A majority of leading oil and gas companies are far from transparent when it comes to the payments they make to resource-rich countries, leaving the door open to corruption and hampering efforts to fight poverty. The tragic paradox, that many resource-rich countries remain poor, stems from a lack of data on oil and gas revenues and how they are managed. The 2008 Report on Revenue Transparency of Oil and Gas Companies evaluates 42 leading international and national oil and gas companies operating in 21 countries, based on the transparency of their reporting, particularly on payments made to governments for resource extraction rights.

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![](https://images.transparencycdn.org/images/PRT_2008_EN_116.jpg?auto=compress&fit=crop&fm=webp&w=1200)

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