OIL AND GAS COMPANIES CAN BENEFIT FROM PROACTIVITY AGAINST CORRUPTION SAY EXPERTS

Oil and gas companies are facing increasing risks related to corruption. However, there are numerous ways in which a business in the sector can avoid being exposed to graft. And new laws are tackling such problems more effectively. Jonathan Dyson reports. As the ongoing search for new deposits takes the oil and gas industry into riskier territories, companies in the sector are facing more demands for bribes.Dr Robert Barrington, Transparency International UK’s executive director, explained to Commercial Crime International that if an oil and gas company ...


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