On the sidelines of Advancing Accountable Resource Governance in Asia Pacific, Grice spoke with NRGI about a formative early work experience in Papua New Guinea as a sustainable development group manager with Newcrest Mining, his more recent work and quantifying the unquantifiable.
Carole Nakhle, the founder and CEO of Crystol Energy and a new NRGI board member, spoke with NRGI before International Women’s Day about the growth of AccessWIE, “anemic” female participation in the extractives sector, and the roles NRGI can play in addressing gender inequality and women’s empowerment.
French oil giant Total is the latest company to make a policy statement in support of contract transparency in the extractive industries. This is the first policy statement of its kind by one of the so-called “supermajors”—the world’s largest publicly traded oil and gas companies.
Last week, the government of Ghana followed through on a promise it made in July 2017 by launching a public petroleum register that contains the full texts of petroleum agreements, licenses, permits and authorizations.
Resource-rich countries tend to experience slower economic growth and more social problems than do less-endowed countries—a phenomenon dubbed the “resource curse.” But it turns out that in many cases, economic growth begins to underperform long before the first drop of oil is produced; this we call the “presource curse.”