The SEC published a rule proposal on Disclosure of Payments by Resource Extraction Issuers. The rule would require resource extraction issuers to include in an annual report information relating to payments made to a foreign government or the Federal Government for the purpose of the commercial development of oil, natural gas, or minerals. Section 13(q) requires these issuers to provide information about the type and total amount of payments made for each of their projects related to the commercial development of oil, natural gas, or minerals, and the type and total amount of payments made to each government.
In addition, Section 13(q) requires a resource extraction issuer to provide information about those payments in a XBRL (not Inline XBRL) format. The proposal is out for a 60 day comment period which will start once the proposal is published in the Federal Register.
Read the proposal: https://www.sec.gov/rules/proposed/2019/34-87783.pdf