Blog

Interviews, background on NRGI research and training events and up-to-the-minute analysis by staff and experts from around the world.

One of the principal aims of the NRGI research and data team is to encourage and facilitate the use of data to promote accountability and transparency. To that end, the team is developing a suite of data tools to collect, analyze and present publicly available data in a user-friendly manner...

Another year goes by and the elation we felt is like a distant memory. Five years ago today, on 21 July 2010, President Obama signed the Dodd-Frank Act into law, and all those who support a genuinely open natural resource sector hailed an important provision contained in the huge financial reform bill.

Ghana’s petroleum industry has undergone massive changes in recent years. Discoveries of commercial quantities of oil in the Jubilee fields in 2007 have triggered significant growth in Ghana’s petroleum sector and brought hope that petroleum resources will yield meaningful benefits for Ghana’s people...

Johnny West, founder of OpenOil. discusses working recently, as a consultant for the Natural Resource Governance Institute, with Tunisian government officials to prepare their open data portal focused on the country's oil and gas industry.

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.

Since its launch in 2002, the EITI has improved revenue transparency in many regions. So far, nearly 40 countries have released some 140 EITI reports detailing the receipt of extractive revenues by governments from oil, gas and mining companies. In 2013, implementing countries adopted a new reporting standard, releasing even more detailed information.

Headlines about resource-rich economies faltering under crashing commodity price pressures fill the news. "Venezuela in a bind as Nicolas Maduro faces default dilemma" warns the Financial Times. "Alberta premier considers sales tax to fix ailing, oil-based economy" says the Canadian Press. "Iran says it can no longer afford Ahmadinejad's cash handouts" reports the Guardian...

On 20 April, Luis Arce Catacora, Bolivia’s economy minister, spoke at the University of Chicago, about “The Model That Changed Bolivia's Economy,” which, he said, explains how Bolivia has been able to sustain a five percent annual economic growth rate over the last decade.

Negotiating complex mining deals can be challenging for resource-dependent countries under any circumstances. But commodity price volatility adds an additional challenge to the mix, as Mongolia’s recently concluded renegotiation with Rio Tinto on the Oyu Tolgoi project illustrates.

At the end of the last commodity super cycle in the mid-1980s, the future looked bleak for producing countries. The Prebisch-Singer hypothesis suggested that commodity prices would continue falling relative to the price of manufactured goods – which was not good for countries that were selling their resources in order to finance industrial expansion...

In the past six months, 24 countries have released new Extractive Industries Transparency Initiative reports disclosing over $200 billion in payments from more than 2,000 companies. These are the first reports prepared under the broader EITI Standard that was introduced in 2013...

Columbia Center on Sustainable Investment (CCSI) experts Lisa Sachs and Nicolas Maennling discuss public policies, from managing resource revenues to diversifying the economy, that can help countries reduce dependency on extractive industries and prosper through volatile commodity cycles.

Guest author Dr. Carole Nakhle analyzes the shifting bargaining power of companies and governments under current price developments and how many companies are taking advantage of the situation to improve their fiscal terms. This bears lessons for policy makers and all interested stakeholders.

Uganda's Ministry of Energy and Mineral Development (PEPD) recently extended the deadline for firms to submit bids in its first-ever round of licensing for six oil blocks in the Albertine Graben...

This week, NRGI is hosting extractives experts from six countries to at the International Open Data Conference (IODC) in Ottawa, Canada.

Minerals account for almost half of Mongolia’s gross domestic product, making extractive sector oversight an important function of the country’s government. In recent years, NRGI has worked with Mongolia’s leaders to improve transparency and better harness national revenues...

The price of oil, the commodity that more than any other determines the fortunes of Nigeria, has fallen over 50 percent since June 2014. The country’s 37 billion barrels of oil reserves are now significantly less valuable than before...

Across sub-Saharan Africa, civil society groups and journalists have been playing an increasingly important role in advocating for governance reform. Part of their aim is to increase the chances that their countries’ sub-soil wealth might be transformed into meaningful strides in development.

Uncertainty about how Indonesia will update its Oil and Gas Law is discouraging the very investors whom policy-makers want to attract, a task already made difficult by historically low oil prices, energy experts say...

The Nigerian government has released a PriceWaterhouseCoopers audit report about the financial flows between the national oil company and the country's treasury. The document joins a long list of reports that reach a common conclusion: the Nigerian National Petroleum Corporation is broken, and requires urgent overhaul.

Tunisia has been celebrated by the international community as a beacon of hope and as fertile ground for transitional democracy in a region rocked by political conflict and unrest.