In June 2018, the fictional country of Petronia, which serves as the namesake setting of a first-of-its-kind online interactive course on resource governance, made a potentially transformative oil discovery.
NRGI staff invite comment on a new draft consultation briefing about the Extractive Industries Transparency Initiative (EITI) encouragement of “mainstreaming,” which involves a transition away from standalone EITI reports toward meeting EITI requirements through routine and publicly accessible government and company reporting.
A BBC investigation has concluded that a recent oil deal in Senegal showed signs of the potential for controversy and possible corruption. As a result, a businessman dogged by ethics questions will walk away with hundreds of millions. What can we learn from this unfortunate turn of events?
At the formal launch of the ResourceContracts.mn contracts portal on 22 April, Mongolia’s deputy minister of mines and heavy industry reaffirmed the country’s commitment to publishing mining and petroleum contracts and announced the public release of over 150 new contracts. After several years of stuttering progress on contract transparency in Mongolia, this is welcome news.
Some oil, gas and mining companies reporting their payments to governments under U.K. law have omitted important elements. Publish What You Pay and NRGI have raised concerns around the omissions, and authorties are taking action.
As a global transparency initiative prepares to require member governments to publish the contracts they sign with oil, gas and mining companies, an executive for French oil major Total discusses the potential benefits of contract disclosure for investors in Myanmar.