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In this report, Publish What You Pay Norway (PWYP Norway) has attempted to unravel labyrinthine corporate structures created by some of the world’s biggest energy and mining companies.
Trawling filings made in British company registers and in United States and Canadian stock exchanges, PWYP Norway has investigated:
1) how many subsidiaries ten of the most powerful Extractive Industry Companies (EICs) control;
2) where those subsidiaries are incorporated;
3) the proportion of EIC subsidiaries incorporated in Secrecy Jurisdictions;
4) the Secrecy Jurisdictions most widely used by powerful EICs;
5) the intense difficulties faced by journalists and campaigners in Bolivia and Ecuador in accessing key financial and industrial performance indicators from major companies operating in their countries.
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- English (updated version, Nov. 2011)
