Revenue Transparency

Noble Energy supports the objective of the Extractive Industries Transparency Initiative (EITI) to increase transparency of payments to governments. The company is a member of EITI, which supports enhanced governance in resource-rich countries by promoting the disclosure and authentication of company payments and government revenue receipts from oil, natural gas and mineral development.

In 2015, we operated in one EITI-compliant country, Cameroon. During the year, Noble Energy participated in initiatives with the Cameroon Business Coalition against Corruption.

The United States is a candidate country for EITI. The U.S. Department of the Interior Office of Natural Resources Revenue published the first U.S. EITI disclosure report in December 2015, showing U.S. natural resources revenue data by company for the first time. We participated in this voluntary initiative by providing our data and by providing a member on the multi-sector U.S. EITI Advisory Committee. The data portal can be found at http://useiti.doi.gov/.

We also engaged with other countries where we operate or have interests, where those countries have expressed interest in becoming candidate and eventually compliant countries.