Journalists covering oil, gas and mining topics, especially in challenging jurisdictions, often face ethical dilemmas. NRGI continues to work to equip them with the skills they need to navigate these tricky spaces.
Last week, investors and Saudi Arabia watchers got an eyeful of the massive riches of state oil company Saudi Aramco, which in a prospectus reported USD 111 billion in profits for 2018. But despite their role as custodians of masses of public money, state oil companies are notoriously opaque.
State-owned enterprises (SOEs) sit at the center of economic decision-making in many countries worldwide. Some have thrived, but many suffer from commercial and governance challenges. SOEs in the oil and gas sector have proven particularly prone to governance issues.
Over the past decade at least, “resource nationalism” has been a hotly debated concept for those in the oil, gas and mining industries, government decision-makers and media who cover the space.
Daniel Kaufmann, Erica Westenberg, Rebecca Iwerks, Joseph Williams, Rob Pitman
Major enhancements of the global norms governing transparency in natural resources are afoot. Progress on these issues helps ensure that EITI remains relevant as a global standard for extractives transparency and reflects emerging best practices in implementing countries.
The Extractive Industries Transparency Initiative Board has an important opportunity to strengthen the EITI Standard’s provisions on contract transparency when it meets next week in Kiev.
A travers le monde, de plus en plus de pays s’engagent dans la divulgation des contrats qu’ils signent avec des entreprises pour exploiter leurs ressources naturelles. Depuis 2011, la République de Guinée s’est démarquée en menant ce mouvement en Afrique francophone.