Bribery laws pose compliance challenge for energy firms

Laws aim to restrict firms' ability to offer bribes

Energy firms face a challenge complying with new regulations in the European Union (EU) and the US that will require oil, gas and mining companies to report payments to foreign governments, according to industry experts.

"For a large multinational company, this can be a huge data management challenge," says John Covey, a Houston-based director in the energy risk consulting services practice at PricewaterhouseCoopers. "Essentially, they have to identify what qualifies as a payment and be able to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here