Investors are paying close attention to the financial consequences of the pandemic on suppliers, but more on the companies themselves than on resource-rich countries. Supplier governance influences the ability of nations and communities to benefit from oil, gas and mining projects, and is central to securing a “social license to operate.”
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 world’s determination to fight climate change and green the energy mix is a concern for large Middle Eastern oil exporters, which sit on massive proven hydrocarbon reserves. The risk of such assets becoming stranded and losing value is high, with significant consequences for these poorly diversified economies.
Tanzania’s reintroduction of value added tax refunds for mineral exports better aligns its tax level with other countries, while maintaining a fiscal regime that should still generate significant government revenue. This post explores how the reform will impact the sector and its prospects for new investment.
Coronavirus containment measures have hit economies hard—and with them, government revenues. Most natural resource-dependent countries are experiencing a double shock as their main source of foreign currency has crashed along with fiscal revenues.
Are you researching a resource-rich country and in need of data to quantify the government’s dependence on revenues from natural resources? Looking for a dataset to analyze global trends in revenues accumulated from oil, gas and minerals?
If member countries of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting adopt this proposal, they should exempt extractive industries so as to protect the legitimate interests of resource-exporting countries.
Les dernières élections présidentielles et législatives ont montré que le peuple Tunisien avait soif de changement. Notamment en ce qui concerne la gouvernance du secteur des hydrocarbures, largement débattue par les candidats.