Recent Articles

In November 2015, PWYP members from across Eurasia met in Ulaanbaatar for an NRGI-led training session to discuss common extractives governance challenges their countries face. Shrinking civil society space was a dominant concern.

This week, 29 participants from 13 countries — including Ghana, Chile, Uganda, Myanmar, Mongolia and Guinea — are taking part in our third annual Executive Course in Oil, Gas and Mining Governance in Oxford.

Speaking at a May 2014 meeting of the Ibrahim Index of African Governance Advisory Council, NRGI president Daniel Kaufmann explained why governance--and the need to measure it--is so important. This video originally appeared at www.moibrahimfoundation.org.

Parliamentarians see natural resource governance as key to development. They need guidance on policy choices. They lack access to information. And broadly, they are key agents of reform.

Vast oil, gas and mineral wealth will greatly increase the GDP of Northwest Territories. The richest province in Canada needs to fill in regulatory gaps and build greater consensus to be prepared.

Canada's Northwest Territories has huge resource potential. To investors and oil and mining companies, it is a vast landscape abundant in diamonds, gold, silver, copper, zinc, rare earth minerals, oil and natural gas. Climate change is expected to open up even more land and sea for exploration and production.

In line with U.S. and EU legislation, the EITI now requires companies to report payments on a project-by-project basis. It also encourages countries to disclose the identity of the real owners—“beneficial owners” – of the companies that have acquired rights to extract oil, gas and minerals.

One topic of conversation on the second and last day of the “New Petroleum Producers Discussion Group” event at Chatham House in London was how governments could get better advice from the international development advisory “industry.”

Today the United Kingdom’s Chatham House hosted a discussion on so-called “new producers”, countries with significant petroleum exploration but little or no operational experience.

In mismanaged economies, the path to government accountability and sustainability begins with transparency—but there is often resistance along the way. After all, power is at stake...

The story of the IMF Guide on Resource Revenue Transparency to date seems to be one of “too little of a good thing.”

As experts prepare for a sweeping contract review process, donor groups are rallying around Guinea's commitment to mining sector reform.

Joe Bell talks about providing expert advice to governments as they negotiate oil and mining contracts.

The National Transitional Council approved a new Mining Code that includes several key practices to help prevent corruption and promote transparency.




On 2 September, Guinean civil society welcomed the government submitting to parliament the country's revised mining code.
On 2 March, Ghana's long-awaited Petroleum Revenue Management Bill was passed unanimously in Parliament. The bill will significantly contribute to responsible economic stewardship of resource revenues, committing the nation to saving a portion of revenues in "Heritage and Stabilization" funds and to using earnings for domestic development.
At a joint press conference in Conakry on 1 March, the newly elected president of Guinea, Alpha Conde, and George Soros, founder of the Open Society Foundations, announced that the country's forthcoming mining code will be committed to the principles of the Extractive Industries Transparency Initiative and will target industry corruption and bribery.
Ghana's new "Petroleum Revenue Management Bill," which the government recently introduced to parliament, provides a strong framework for the collection and management of the country's expected petroleum revenues. In a new brief from Revenue Watch, RWI Advisory Board Chair Joseph Bell, Legal Analyst Patrick Heller and Deputy Director Antoine Heuty offer comments and suggestions.
On March 30, the Revenue Watch Institute conducted a one-day training session on the Extractive Industries Transparency Initiative (EITI) with members of the Tanzanian Parliamentary Standing Committee for Energy and Minerals. The training took place at the parliamentary building in Dar es Salaam, and was organized at the request of the committee after the country joined EITI in February 2009. Close to half of all committee members participated in the training, which was delivered by RWI training and capacity building program officer Matteo Pellegrini and Kaiza Bubelwa, a civil society representative on the Multi-Stakeholder Group (MSG) of  the Tanzania EITI (TEITI). This article intends to provide an overview of the session and lessons for the future.
After criticism from a united coalition of civil society groups in Ghana, the Ghanaian government has publicly released a draft proposal on Petroleum Resource Revenue Management, spelling out the key elements of an upcoming bill that will shape future management of oil and gas revenues in the country. While Ghanaian citizens had been invited to comment on the drafting of the bill, the coalition protested the failure of the Ministry of Finance to disclose the proposal ahead of public consultations. The group commended the government for coming to recognize the importance of public input and engagement with dissent.
At the beginning of January, Revenue Watch Legal Advisor Matt Genasci and Advisory Board members Robert Conrad and Joseph Bell traveled to Mongolia in conjunction with the Open Society Forum-Mongolia. During the five-day visit, which was organized at the request of the office of the Mongolian president, RWI met with members of the administration, various ministries and parliamentarians to discuss revenue management, contract monitoring and the possible development of a model contract for use in Mongolia's extractive deals. m
On February 2, the Revenue Watch Institute launched its new online Resource Center: an interactive database of research, training and policy documents and videos concerning transparency and the management of natural resource wealth. This tool, which compiles a comprehensive selection of research materials from around the world in multiple languages, represents a cross-section of expertise, analysis and good practice.
Dr. Keith Myers, the co-founder of Richmond Energy Partners, led a Revenue Watch Institute workshop on oil and gas governance for members of Ghana's parliament last October. The training was part of RWI's ongoing parliamentary project, created in partnership with the Parliamentary Centre. The event also benefited from budgetary support from GTZ. RWI asked Dr. Myers to share his reflections on the training and Ghana's oil future.
On October 20, Revenue Watch began a three-day technical workshop for Ghanaian legislators in Sogakope, Ghana, in partnership with German nonprofit GTZ and the Parliamentary Centre.
On September 23, as a bipartisan group of U.S. senators introduced legislation to broaden disclosure of international extractive industry payments, more than 200 activists, policymakers, industry representatives and government officials gathered for a conference that may herald a new stage in the global movement for natural resource transparency and accountability. The event marked the release of Revenue Watch's report Contracts Confidential: Ending Secret Deals in the Extractive Industries, which challenges most of the common objections to openness in extractive industry contracts.