State-owned enterprises (SOEs) sit at the center of economic decision-making in many countries worldwide. Some have thrived, but many suffer from commercial and governance challenges. SOEs in the oil and gas sector have proven particularly prone to governance issues.
Over the past decade at least, “resource nationalism” has been a hotly debated concept for those in the oil, gas and mining industries, government decision-makers and media who cover the space.
Daniel Kaufmann, Erica Westenberg, Rebecca Iwerks, Joseph Williams, Rob Pitman
Major enhancements of the global norms governing transparency in natural resources are afoot. Progress on these issues helps ensure that EITI remains relevant as a global standard for extractives transparency and reflects emerging best practices in implementing countries.
The Extractive Industries Transparency Initiative Board has an important opportunity to strengthen the EITI Standard’s provisions on contract transparency when it meets next week in Kiev.
To find out more about the country’s experience in publishing contracts, NRGI Guinea country manager Hervé Lado spoke with Abdoulaye Magassouba, Guinea’s minister of mines and geology.
A travers le monde, de plus en plus de pays s’engagent dans la divulgation des contrats qu’ils signent avec des entreprises pour exploiter leurs ressources naturelles. Depuis 2011, la République de Guinée s’est démarquée en menant ce mouvement en Afrique francophone.