sharing in governance of extractive industries
Geneva, 19 October 2017 - The African Development Bank (AfDB) and OpenOil, a Berlin-based financial analysis firm, have jointly produced a new report on how African governments use financial models to manage oil & gas and mining projects. The report was launched at the 13th Annual…Continue
The publication of the financial model of Yaoure gold mine shows what can be done: both in the tricky area of what tax incentives offer, and in terms of building government analytical capacity.
OpenOil worked with colleagues from Cote d’Ivoire’s Ministry of Mines to build the financial model and accompanying report. We believe this is the…Continue
The latest report from Carbon Tracker Initiative, a non-profit analysis house in London, suggest that up to a third of currently planned oil and gas projects may now never go ahead because of climate change policy.
In “2D of Separation”, CTI presents the potential risks to shareholders and investors in the world’s largest fossil fuel companies of “stranded assets”: the idea that if world leaders do what they said they would…Continue
Charting out what a project’s revenue should can strengthen the capacity of the government. (Note: coupons to learn Excel as a prerequisite to financial modeling are available from a link at the end of this blog)
When the EITI set out its work ten years ago, the core idea was to reconcile and compare the payments made by companies to governments to each other to see if they added up to the same amount. This can…Continue