Recent Articles

Ghana’s Minister of Finance has tabled before the country’s parliament the government’s 2015 budget and economic policy statement. The budget statement includes economic forecasts, estimated revenues and proposed resource allocation for the upcoming financial year, as well as projections for 2015 petroleum receipts.

NRGI has commended the UK’s new payment disclosure requirements for oil, gas and mining companies. The recently enacted UK Reports on Payments to Governments Regulations 2014 come into force today.

For more than a century, mining has played a prominent role in Ghana’s economy. Despite recent mine closures spurred by falling gold prices, the sector has averaged $2 billion per year for more than five years, accounted for 6 percent of GDP, and contributed 18 percent of total corporate tax earnings and 27 percent of total government revenues...

The Canadian federal government has tabled a new law that would require oil, gas and mining companies to publicly disclose payments they make to governments around the world.

A study tour in September brought six Mongolian MPs and three parliamentary staff members to western Canada, where they met with tax and public finance officials from British Columbia and Alberta, provincial and federal legislators, leaders of Canada’s First Nations (indigenous communities), and representatives from industry who work with mining-affected communities.

Four years ago, Mongolia’s vast mineral wealth prompted some to call it the “Saudi Arabia of Central Asia”. Today, the country is struggling with declining mineral revenues and inflation.

Earlier this month six Mongolian members of parliament (MPs) and three parliamentary staff members toured western Canada to learn about Canada’s experience managing its mineral and oil booms and busts.

Parliamentarians in Niger are preparing to draft natural resource legislation, which could possibly include the creation of a sovereign wealth fund to benefit future generations...

Publish What You Pay Canada and the NRGI welcome the statement of support today by Canada's energy and mines ministers for the Government of Canada's decision to enact federal legislation to enhance the transparency of payments in the mining, oil and gas sectors.

Greetings from the first of two weeks of the summer school course that the NRGI organizes annually in Yaoundé, Cameroon, in partnership with the Catholic University of Central Africa...

NRGI's communication director Lee Bailey interviews Laurel Green, chief external affairs policy advisor with Rio Tinto, about the role of the private sector and corporate social responsibility in mining.

On Monday, August 4, NRGI president Daniel Kaufmann joined a panel hosted by the Open Society Foundations in Washington, D.C., to discuss the U.S.-Africa Leaders Summit. More information on the event, as well as a list of recommended joint commitments and actions to come out of the summit, are available here.

Stakes are high in Afghanistan as officials audit the presidential runoff election to determine who will lead the country during its pivotal “transformational decade.”

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.

Ghana is seeking to increase the information available to citizens on mining, oil and gas extraction activities. The West African nation, which has the continent's second largest gold output as well as valuable undersea oil and gas deposits...

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.

When it comes to mining policy, consensus is hard to find south of the Equator.

Back in August 2012, when the SEC issued detailed rules under Section 1504 of the Dodd-Frank Act, I was among those who commented that it was a huge step toward transparency in the oil, gas and mining industries...

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.

Discussion in Washington, DC of how transparency of payments to governments can improve the governance of natural resource wealth and combat corruption, plus the business case for consistent disclosure across jurisdictions.

Hon. Ilya Ponomarev sat down with Revenue Watch at the December 2013 regional parliamentary workshop on extractives in Istanbul to discuss his views on the state of transparency in Russia as well as international transparency initiatives.

Oil, gas and mineral revenues are incredibly important for the Eurasian region, where several resource-rich states depend heavily on extractive resources. With an average of 40 percent of government income coming from oil, gas and mining, it is important that citizens have a say in how these resources are spent.

Canada is global mining, pure and simple. Over 50 percent of the world’s mining companies are based in Canada and Canadian mining companies explore, develop and produce in over 100 countries...