Recent Articles

The State Oil Fund of the Azerbaijan Republic (SOFAZ) was created in 1999 to promote macroeconomic stability, preserve oil revenues for future generations and channel Azerbaijan’s resource wealth into more productive assets...

Poor governance and systemic corruption are prevalent in many resource-rich countries. Given their highly concentrated and highly profitable nature, the oil, gas and mining industries can generate the kind of political and private incentives that favor rent-seeking and institutional (or state) capture.

Parliamentarians have a crucial role to play in reviewing legislation on oil, gas and minerals, and in overseeing the government’s management of these extractive sectors. For instance, in Ghana members of parliament are actively overseeing the projections and allocations of oil revenues by scrutinizing compliance with the Petroleum Revenue Management Act...

In June NRGI’s regional office in Eurasia brought together more than 25 multi-stakeholder group (MSG) members from five countries for a collaborative training session on analysis of Extractive Industries Transparency Initiative (EITI) report data. The training took into account a number of EITI reports expected by the end of year.

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.

Managing public expectations is one of the toughest challenges that governments face now that commodity prices have dramatically declined. A gathering earlier this month in Tanzania brought together public officials from 15 emerging producers to discuss the implications of the price drop on their strategies.