Increasing transparency as well as business and civic engagement in government contracting are powerful ways to craft better agreements, improve public services, deter fraud and corruption, build trust and promote a more competitive business environment. A new report from NRGI and the Open Contracting Partnership details how to do it.
In an move welcomed by observers and oversight actors, the regulatory body overseeing the Lebanese oil and gas sector has published exploration and production agreements by the government and a consortium for two offshore blocks.
Political parties can help ensure that their country gets the best deal for the extraction of its resources, manages revenues for the long-term best interests of citizens and avoids the resource curse.
In a report, Rio Tinto was accused of “illegitimately lowering” its withholding taxes paid to the government of Mongolia in relation to the Oyu Tolgoi copper mine. Rio allegedly did this by using a double tax agreement between Mongolia and the Netherlands, in addition to which it negotiated an even lower rate of withholding tax in its amended mining agreement in 2011. This piece reviews Rio’s tax arrangements.
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.
Villanueva is the director of the Philippine civil society organization Alternative Forum for Research in Mindanao. AFRIM focuses on natural resource management, sustainable rural development and peacebuilding.
Along with diverse mineral resources, Ukraine has approximately 900 billion cubic meters of proven reserves of natural gas. And over the past years, the country has made important strides in extractive industries governance.
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.