Recent Articles

In this era of low commodity prices, oil- and mineral-rich governments in Eurasia are under acute financial pressure.

NRGI’s blog received tens of thousands of unique visits this year. Below, we share the 10 most-read blog pieces of 2015. From country-specific perspectives to globally relevant policy discussions, NRGI experts offered news, insight and prescriptions over the course of the year.

There are close links between politics and the management of extractives such as oil, gas and minerals. Along the extractive industries value chain politicians are involved in setting the legal framework, allocating exploration and production licenses and deciding on the saving and spending of extractive revenues.

With over a decade of journalism experience, Xinhua News Agency senior correspondent Justice Adoboe is far more experienced than the typical NRGI media trainee. In covering the complex extractives space, however, Adoboe said he has room to grow. NRGI trainers, meanwhile, discovered the course itself had to grow and change.

Earlier this year, Ugandan President Yoweri Museveni signed the Public Finance Management Act 2015 into law and created one of the world's newest sovereign wealth funds. While the law provides a solid framework for effective governance, several key elements are missing—elements that would determine whether Uganda will truly benefit from its oil windfalls.

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...

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.

NRGI is rolling out this year’s training program for African journalists interested in improving their knowledge of and skills in covering the extractive sectors of oil, gas and minerals.

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...

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...

Well-documented corruption scandals have cost Ugandans billions. Mining’s contribution to GDP dropped from 30 percent in the 1960s to less than 0.4 percent now. At an NRGI-SPP course, the Nigerian perspective on oversight responsibilities in natural resources and the importance of harmonizing the interests of the regional and federal governments was seen as key to reform.

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.

In the latter part of 2014 global oil prices fell at one of the most rapid paces in history. In Ghana this exposed a precarious fiscal situation that has undermined the high ambitions expressed by Ghanaians just a few years ago. Countries like Uganda and Tanzania that are currently shaping policies and laws to manage “resource curse” pressures can surely learn from Ghana’s troubling experience.

On March 30, Asiia Sasykbaeva, deputy speaker of parliament in Kyrgyzstan, met with Galib Efendiev, Eurasia director for the Natural Resource Governance Institute (NRGI), to exchange views on the country’s mining sector development and legal framework.

As part of our programming, NRGI has developed five briefings offering an overview of the current situation in Myanmar's extractive sector on the following topics: EITI, contract disclosure, revenue management, state-owned enterprises and fiscal regimes.

This recently posted video is from the 2014 high-level executive extractives course at Oxford University’s Blavatnik School of Government.

Falling oil prices have had dramatic effects on the solvency of highly oil-dependent countries, particularly those that have not saved much of their windfall receipts in boom years. In November, Ghana’s finance ministry presented its 2015 Budget Statement and Economic Policy to parliament...

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.

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...

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...