Research for the 2021 edition of NRGI's Resource Governance Index has begun. The index measures the governance of oil, gas and mining sectors in resource-producing countries and provides freely available public data to help inform evidence-based decision-making.
The pilot phase of the Eurasia Extractive Industries Knowledge Hub last year featured an on-campus residential phase component of a blended learning course, bookended by an online learning module and a final assignment. Applications are now being accepted for this year's blended learning course.
On September 14, Azerbaijan’s government, BP and other partner companies agreed to amend the contract for the Azeri-Chirag-Guneshli (ACG) oil field in the Azerbaijani section of the Caspian Sea. The so-called “contract of the century” was originally signed in 1994 and was set to expire in 2024. The new contract is valid through 2049.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.
International organizations, fiscal policy experts and transparency advocates agree that civil society and the general public need to understand budget figures to effectively monitor the use of public funds.