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.
Civil society actors fighting for better resource governance must engage with reformers in government and business and speak “truth to power” with those parties hampering progress, NRGI president and CEO Daniel Kaufmann tells RAW Talks.
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.”
NRGI president and CEO Daniel Kaufmann has published a "commodity note" op-ed in the Financial Times regarding the United States government decision to cease its implementation of the Extractive Industries Transparency Initiative.
The two South American countries are adjusting to the spotlight of the global oil industry. As they adapt to new prospects that are both exciting and challenging, government officials in both hope to learn from the experiences of their peers in other new oil hotspots.
The twists and turns around the possible initial public offering (IPO) of some portion of Saudi Aramco have been monitored by the press like a sporting event. The long-term influence of Aramco’s decision on Saudi Arabia and the global governance of state-owned oil companies promises to be significant.