Piping Profits

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PWYP Norway can reveal that ten of the world’s most powerful oil, gas and mining companies own 6,038 subsidiaries and over a third of them are based in secrecy jurisdictions. The three Norwegian companies mapped own 55 subsidiaries, 20% of which are based in secrecy jurisdictions. On these pages you will find more information about this project, the detrimental effects of secrecy jurisdictions and how these can be tackled. The database is publicly available and can be explored here. Due to lack of resources, it will not be continually updated, but nevertheless represents an excellent snapshot of extractive industries and their subsidiaries in 2011. The Piping Profits database includes information on the *13 case studies and their 6,093 subsidiaries*, containing details of: * The Parent Company * The Subsidiary Name * The location in which the subsidiary is incorporated * The percentage of the subsidiary owned by the parent company Below it is possible to search in the database by company, country and/or subsidiary, and using the buttons below the list of findings, it is possible to export the data to excel or word.

Company Country Subsidiarysort descending Percent owned
Rio Tinto plc Canada 1043802 Ontario Ltd 100.00
Barrick Gold Corporation Canada 1051694 Ontario Inc
BHP United States 141 Union Company 100.00
Barrick Gold Corporation Canada 1816962 Ontario Inc
BP United States 200 PS Aircraft Holdings Inc 100.00
BP United States 200 PS Investment Company
BP United States 200 PS Overseas Holdings Inc 100.00
Shell (Downstream) Canada 2099045 Ontario Inc
Shell (Downstream) Canada 3095381 Nova Scotia Company
BP Canada 3101805 Nova Scotia Company
BP United States 33 North Lorel Ltd Partnership 99.00
BP Canada 338 Resources Ltd 100.00
Conoco Phillips Holdings Co. Canada 349910 Alberta Inc. 100.00
Conoco Phillips Holdings Co. Canada 362084 Alberta Inc. 100.00
Conoco Phillips Holdings Co. Canada 3793885 Canada Ltd. 100.00
Conoco Phillips Holdings Co. Canada 3920267 Canada Inc. 100.00
Conoco Phillips Holdings Co. Canada 3920275 Canada Inc. 100.00
BP United States 4321 North 800 West LLC
Conoco Phillips Holdings Co. Canada 534404 Alberta Ltd. 100.00
BP Canada 563916 Alberta Ltd 99.90
BP United States 5836 West Washington Ltd Partnership 99.00
Shell (Downstream) Canada 6040187 Canada Inc
Conoco Phillips Holdings Co. Canada 625894 Alberta Inc. 100.00
Shell (Upstream Americas) Canada 6581528 Canada Ltd 100.00
Shell (Upstream Americas) Canada 7026609 Canada Inc 100.00
Conoco Phillips Holdings Co. Canada 729166 Alberta Inc. 100.00
Conoco Phillips Holdings Co. Canada 758350 Alberta Inc. 100.00
BP Canada 858965 Alberta Ltd 95.40
Conoco Phillips Holdings Co. Canada 942819 Alberta Ltd. 100.00
BHP Australia A & BP Co Pty Ltd (in deregistration) 100.00

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