Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

U.S. firms lead EU lobbying league

Thu, 30th Apr 2015 17:58

* U.S. companies dominate top spending rankings * Tech rivals Microsoft, Google among big lobbiers * Oil giants maintain high spending, Deutsche Bank grows * Data deadline was first since registration mandatory By Alastair Macdonald BRUSSELS, April 30 (Reuters) - U.S. companies, includingtech rivals Microsoft and Google, were amongleading spenders on corporate lobbying in Brussels last year, aReuters review of new data showed (table below). Companies had until Thursday to update public entries in theEuropean Union's newly revamped Transparency Register followinga tightening of rules in January that obliges firms to registerif they want to meet EU commissioners and senior staff. Oil majors Exxon Mobil of the United States andAnglo-Dutch Shell shared the top spot with Microsoft,with reported spending in their last financial years of between4.5 and 4.5 million euros ($5.0-5.6 million). Those figures were broadly in line with the trio's spendingin previous filings recorded in January by researchers atanti-corruption group Transparency International -- theCommission itself does not provide comparative data withprevious years. However, some of the other big spenders recorded sharpincreases, including Google and Germany's Deutsche Bank, whichdoubled their expenditure, U.S. chemicals group Dow, whichrecorded four times the level of spending as its previous entry. None of the companies listed offered comment. Google, subject of a high-profile antitrust case launched bythe Commission two weeks ago after a five-year investigation,spent 3.0-3.5 million euros ($3.4-3.9 million), the same as Dow. Microsoft, which has itself been fined heavily in thepast by EU antitrust authorities, has been prominent among thosepursuing complaints against its American rival Google. Two German companies were among those which spent 3 millioneuros or more last year. Deutsche Bank was the fourthbiggest spender, reporting lobbying activity worth 3.96 millioneuros, and engineer Siemens spent 3.23 million. China's tech leader Huawei Technologies reportedspending of 3.0 million euros in 2014. That was the same as ithad previously reported as spending in its 2012 fiscal year. DATA QUALITY IMPROVING Also reporting spending of 3.0 million was paij GmbH, aGerman company that sells a mobile payments app and which putitself on the Register for the first time in March. Officials atthe company could not immediately be reached for comment. U.S. engineering firm General Electric reported lobbyspending in the EU of 3.25-3.50 million euros for 2013. No 2014data appeared on its page on the Transparency Register. Transparency International's Daniel Freund said some changesin data filed appeared to reflect a recognition among companiesthat the Register now set more rigorous reporting requirements.Over 1,000 organisations registered for the first time afterJan. 27, when it became a condition for access to officials. "The data quality seems to be getting better," Freund said,while noting that the Register only went some way to clarifyinghow much effort was going in to lobbying in Brussels and sayingthat the Commission appeared to have so far put only limitedstaff resources into scrutiny of the accuracy of entries. Other organisations, including non-governmental pressuregroups, must also declare spending. Environmental lobbyGreenpeace, for example, declared 1.0-1.25 million euros in2013. A second element of transparency introduced under EuropeanCommission President Jean-Claude Juncker since he took office inNovember is a register of contacts by commissioners and seniorstaff with companies, lobby groups and their representatives. Transparency International research found U.S. firms Google,Microsoft and General Electric, as well as European planemakerAirbus, were among the most active in visiting top EU officialssince such meetings first had to made public in December. Company Nationality 2014 spend Previous (EUR mln)* spend** 1= ExxonMobil U.S. 4.5 - 5.0 4.75 - 5.0 Microsoft U.S. 4.5 - 5.0 4.25 - 4.75 Shell UK/Netherlands 4.5 - 5.0 4.25 - 4.5 4 Deutsche Bank Germany 3.96 1.99 5= Dow U.S. 3.5 - 4.0 0.8 - 0.9 Google U.S. 3.5 - 4.0 1.25 - 1.5 7 Siemens Germany 3.23 4.36 8= Huawei China 3.0 3.0 paij Germany 3.0 n/a General Electric U.S. n/a 3.25 - 3.5 *Source: Transparency Register; **Source: TransparencyInternational($1 = 0.8934 euros) (Reporting by Alastair Macdonald; @macdonaldrtr; Editing byElaine Hardcastle)

More News
4 Nov 2021 20:42

UPDATE 1-Shell plans to restart Deer Park, Texas reformer next week -sources

(Adds Shell spokesperson not immediately available, background on upcoming ownership change, two other refineries)HOUSTON, Nov 4 (Reuters) - Royal Dutch Shell Plc plans to restart next week units shut in September for a planned overhaul at its 302...

Read more
4 Nov 2021 19:48

Shell Deer Park, Texas refinery plans to restart reformer next week -sources

HOUSTON, Nov 4 (Reuters) - Royal Dutch Shell Plc plans to restart next week units shut in September for a planned overhaul at its 302,800 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery, said sources familiar with plant operations.F...

Read more
4 Nov 2021 19:38

Smaller oil firms pay top dollar for Permian land as large players cash out

By Jessica Resnick-Ault and Shariq KhanNov 4 (Reuters) - Large oil companies are racing to sell land in the largest U.S. shale formation as rising crude prices present them with a golden opportunity to jettison unwanted acreage and meet shareholde...

Read more
4 Nov 2021 16:04

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
4 Nov 2021 15:02

Equinor eyes Tanzania LNG production by end of decade

By Nerijus Adomaitis and Shadia NasrallaOSLO, Nov 4 (Reuters) - Equinor could start producing liquefied natural gas (LNG) in Tanzania by the end of this decade if talks with the East African country's government succeed, a top executive at the Nor...

Read more
4 Nov 2021 13:44

UPDATE 1-Shell to end crude refining at German site in low carbon shift

(Adds detail, context)FRANKFURT, Nov 4 (Reuters) - Royal Dutch Shell said on Thursday it plans to shift its Shell Rheinland refinery at Wesseling in Germany away from crude oil and towards low or zero carbon products from 2025.Shell has set a goal...

Read more
4 Nov 2021 13:00

Shell plans to stop crude oil processing at German Wesseling refinery by 2025

FRANKFURT, Nov 4 (Reuters) - Royal Dutch Shell plans to turn its Shell Rheinland refinery site at Wesseling away from crude oil and towards low or zero carbon products from 2025, the German arm of the global oil major said on Thursday.Wesseling is...

Read more
4 Nov 2021 12:19

LONDON MARKET MIDDAY: Pound drops, stocks rise after BoE holds rates

LONDON MARKET MIDDAY: Pound drops, stocks rise after BoE holds rates

Read more
4 Nov 2021 09:57

UPDATE 3-Weak sterling boosts FTSE 100 after BoE keeps rates unchanged

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* BoE keeps rates unchanged* BT Group rises on confirmed outlook* Weakness in pound boosts dollar earning companies* FTSE 100 up 0.5%, FTSE 2...

Read more
3 Nov 2021 11:26

Equinor to restart talks with Tanzania over LNG project

OSLO, Nov 3 (Reuters) - Norway's Equinor said on Thursday it will restart talks with Tanzania's government next week on the possible revival of plans to develop major natural gas reserves found in the east African country's waters.Equinor during t...

Read more
3 Nov 2021 10:14

Italian prosecutors won't appeal acquittal of two in Nigerian oil graft case

MILAN, Nov 3 (Reuters) - The acquittal of Nigerian Emeka Obi and Italian Gianluca Di Nardo in a graft case in Nigeria involving Eni and Shell has become final after prosecutors said they would not appeal on behalf of the Nigerian government.In a ...

Read more
3 Nov 2021 09:45

UPDATE 2-Oil stocks weigh on FTSE 100; Darktrace slumps to 2-month low

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Miners recover as copper prices rise* Darktrace slides as investor sells stake* FTSE 100 down 0.4%, FTSE 250 off 0.2% (Updates to close)By...

Read more
2 Nov 2021 22:17

Fire reported on Shell Norco, Louisiana crude unit -ENT via Twitter

HOUSTON, Nov 2 (Reuters) - A fire broke out on Tuesday on the crude distillation unit at Royal Dutch Shell Plc’s 230,611 barrel-per-day (bpd) Norco, Louisiana, refinery, according to a report attributed to Energy News Today in a Twitter message.R...

Read more
2 Nov 2021 21:20

U.S. House panel subpoenas Big Oil in climate deception probe

By Timothy GardnerWASHINGTON, Nov 2 (Reuters) - The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potent...

Read more
2 Nov 2021 10:00

California farm town lurches from no water to polluted water

By Daniel TrottaTEVISTON, Calif., Nov 2 (Reuters) - The San Joaquin Valley farm town of Teviston has two wells. One went dry and the other is contaminated.The one functioning well failed just at the start of summer, depriving the hot and dusty ham...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.