Exxon, Chevron conceal payments to some governments

ConocoPhillips, which is not on the EITI board, is another member that does not disclose payments to countries not in EITI, the group said. It has had operations in countries including Libya, Malaysia and China.

WASHINGTON: U.S. oil majors Exxon Mobil Corp and Chevron Corp have failed to meet a core transparency standard set by the Extractive Industries Transparency Initiative, a global anti-corruption body on which the companies have board seats, EITI said on Wednesday.

Exxon and Chevron have declined to publicly disclose taxes and other payments they have made to governments in the countries where they operate that are not EITI members, the group said in a spreadsheet detailing member company https://eiti.org/news/eiti-publishes-data-on-adherence-to-supporting-company-expectationsadherence to its standards.