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sharing in governance of extractive industries

Featured Blog Posts – December 2015 Archive (19)

Advice Ghana Government on Oil Price Volatility - Panellists tell PIAC

Dr Kwadwo Asenso, Ministry of Finance,  PIAC Chair, Prof. P. K. Buah-Bassuah and Dr Steve Manteaw

Participants at a-day’s roundtable discussion on falling oil prices and its impact on Ghana Government’s revenue and the national budget have…

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Added by seibik bugri on December 22, 2015 at 2:00 — No Comments

Let's not make the Paris Agreement the Elephant in the Room

In my first post I referred to how the Paris agreement mentions transparency, which in the text is confined to transparency around carbon accounting and the disbursement of the huge financial aid that is an integral part of the agreement. Neither of which relate directly to transparency of the upstream in extractive industries, which is where governance…

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Added by Johnny West on December 18, 2015 at 14:25 — 2 Comments

The EITI and the Challenge of Transparency

The Extractive Industries Transparency Initiative (EITI) has now been around for well over a decade (see here for more on the EITI’s history).  Formed as a response to the much vaunted ‘resource curse’, the EITI has developed a position for itself as an important and innovative actor in the fight against natural resource-focussed corruption.  Indeed, it leads the way in developing consultative processes for more openness in the oil, gas and…

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Added by Martin Brown on December 17, 2015 at 22:30 — 2 Comments

Integrated Environmental Impact Assessment- getting it right in Kenya!

 

December 2015                                                   

 

Briefing: Integrated Environmental Impact Assessment (IEIA)

Introduction

In an effort to achieve sustainable development of the oil and gas sector through increasing government participation and strengthening capacity in managing the oil and gas industry, the Government of Kenya through its lead environmental agency (National Environment Management…

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Added by Mohamed Ramadhan Ruwange on December 17, 2015 at 9:11 — No Comments

Beneficial Ownership: Mining Sector

Beneficial Ownership Afghanistan like many other resource rich countries is fragile, lacking legal framework, institutions and mechanism to regulate its huge mining sector. This is further complicated by widespread corruption in the country. Powerful individuals with political connections have been signing contracts to extract minerals often paying little or nothing to the state thus denying citizens their due benefits from the sector. It is imperative to capitulate  the EITI principles…

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Added by Javed Noorani on December 16, 2015 at 10:44 — No Comments

Joint OGEL/TDM Yukos special

OGEL 5 (2015) - Yukos Special

Few things can concentrate the mind as much as an award of $50 billion dollars. When the three parallel awards in the Yukos dispute were released in mid-2014, TDM and OGEL therefore immediately called for papers to comprise a Special Issue. Our range of topics includes discussions of the legal aspects and computation…

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Added by OGEL Journal on December 15, 2015 at 14:58 — No Comments

EITI CSO Board - Call for applications

 

 

The Selection Criteria and Process of Civil Society Representatives to the EITI International Board

(2016-2019)

 

The Board of the Extractive Industries Transparency Initiative (EITI) is comprised of representatives from each Constituency engaged in the EITI – governments of supporting and implementing countries, extractive companies and investors, and civil…

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Added by Asmara Klein on December 15, 2015 at 13:30 — No Comments

What does COP21 mean for transparency? The page just got a whole lot bigger

What does the climate change deal signed in Paris mean for transparency in extractive industries? In the short term, relatively little. In the medium to long term however it could change everything: which natural resources are subject to transparency, how far public policy will intervene in the market, and whether we moved to a more holistic paradigm of natural resource management.

The direct crossovers between the…

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Added by Johnny West on December 15, 2015 at 13:00 — No Comments

The Country Mining Vision: towards a new deal, by Antonio Pedro

MUST READ article by Antonio Pedro, published in Mineral Economics, the Raw Materials Report, Nov 2015

The Africa Mining Vision (AMV) adopted by the African Union Heads of State and Government in February

2009 represents a paradigm shift away from a resource development model anchored on extractivism toward one in which mineral resources are harnessed to accelerate broad-based development and build resilient, diversified, and competitive economies.

The…

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Added by Marit Kitaw on December 15, 2015 at 9:45 — No Comments

Presentation at Commonwealth Parliamentary Association

https://www.linkedin.com/pulse/article/revenue-from-taxable-sources-extractive-industries-stephen-macey

Dear all,

Attached is presentation on 'revenue from taxable sources' given at Commonwealth Parliamentary Association event on Wednesday 9th December. Thanks to CPA and the World Bank for the invitation to a well run and interesting event.

Steve

Added by Steve Macey on December 12, 2015 at 12:43 — No Comments

Multinationals are no-shows for gender equality

The UN Women's Share Fair would have been a positive step towards gender justice. If only the companies had shown up.

A few weeks ago, I got on a plane headed for Nairobi. Never having been to Kenya, I was excited to set off for new territory.Twenty hours later, I laughed when a few Kenyan…

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Added by Maria Ezpeleta on December 11, 2015 at 17:43 — 1 Comment

Adjusting to the Extractive Industries "New Normal"

How times change.  From the summer of 2002 to that of 2007, Anglo American PLC’s share price marched upwards, with only minor and short-lived reverses, from about £8.36 at the start of August 2002 to £32.22 by June 8th 2007, a rise of nearly 300% in less than five years.  Earlier this month it gained the unwanted notoriety of become the worst…

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Added by daniel gilbert on December 11, 2015 at 14:30 — No Comments

New report on mining companies and host communities during the Ebola outbreak

Dear GOXI Members,



We are very excited to release a new report which may be of interest to you entitled “Mining Companies and Host Communities: Experiences Before, During and After the Ebola Outbreak in Sierra Leone”, and to…

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Added by Independent Social Performance on December 10, 2015 at 11:00 — No Comments

The EITI and commodities trading transparency: where are we headed?

For the past 2 years RCS Global has been advising Trafigura on its journey to become the commodities trading industry leader on transparency. With developments in the trading industry transparency space accelerating towards the end of 2015, we would like to share our view of next…

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Added by RCS Global on December 10, 2015 at 11:00 — 2 Comments

Mineral rights, rents and resources in South Africa's development narrative

A new SAIIA paper argues that South African policymakers have to make mining legislation coherent with the National Development Plan if the industry is to have any chance of succeeding under a low commodity price environment.

The paper explores potential explanations for South Africa’s economic underperformance since 1994.…

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Added by Ross Harvey on December 10, 2015 at 10:12 — No Comments

Introducing Aleph: everything companies tell investors, in one place

Can the world understand oil and mining companies as well as their investors do? At OpenOil we think it's possible, and we've been hard at work building a tool to make it so. Our goal is: everything extractives companies tell investors, in one place.

The result is Aleph, our new search tool, which we are presenting an early version of today.

We've taken the documents filed by oil, gas and mining companies in several of the major…

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Added by Dan O'Huiginn on December 9, 2015 at 10:00 — 1 Comment

Can extractive resources help integrate Africa?

Throughout the price boom of the 2000s, extractive resources (mining, oil and gas) were seen as assets that African Governments needed to leverage more effectively for development outcomes. This view has persisted even through the current price slump that began in 2011.…

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Added by pietro toigo on December 8, 2015 at 12:19 — No Comments

The Communiqué from the First Africa Oil and Gas Summit in Accra

Below we publish the unedited edition of the communique after the two Oil and Gas summit 

Accra witnessed the maiden Africa oil Governance Summit on the 23rd and 24th of November. The Summit sought to highlight the governance challenges faced by oil producing countries in Africa and to drive consensus to manage the challenges. Ultimately the Summit aimed at ensuring that the production of oil and…

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Added by seibik bugri on December 7, 2015 at 21:00 — No Comments

Enhancing transparency of local level agreements in the Mongolian mining industry

Mongolia is one of several developing countries in the world where project proponents are legally required to establish agreements with host communities or local government authorities. While agreement making with Indigenous peoples has become a standard process in the mining industry in few countries such as Australia and Canada, it is new to many resource-rich developing countries.

Unlike agreements with Indigenous communities in Australia and Canada that are widely regarded…

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Added by Byambajav Dalaibuyan on December 2, 2015 at 7:49 — 4 Comments

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