Recent Articles

RWI, has released research indicating that the Ghana Petroleum Funds meet 13 of 16 good governance fundamentals. Researchers concluded that the funds feature clear deposit, withdrawal and investment rules, effective oversight, and other essential attributes of good governance.

In April the Revenue Watch Institute [now the Natural Resource Governance Institute] organized a three-day workshop with Khazar University, in Baku, where stakeholders gathered from Azerbaijan, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Ukraine to strengthen their networks and knowledge of extractive issues.

Codelco, Chile’s state-owned copper company, reports that it needs more than $20 billion for structural projects over the next decade. According to the country’s finance minister, Chile’s natural resource funds, otherwise known as sovereign wealth funds, could be asked to cough up the cash.

Just months after Kenya discovered commercial oil in 2012, the government called for the establishment of a natural resource fund (a kind of sovereign wealth fund) to save oil revenues for future generations...

Measures to improve transparency and governance of many natural resource funds are urgently needed to escape the "resource curse," according to a report released by NRGI and the Vale Columbia Center on Sustainable International Investment (VCC).
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Practitioners and media invited to April 8 event at Columbia University to discuss growing segment of sovereign wealth funds.

Oil production in Azerbaijan increased rapidly in the 2000s and the country reached peak oil production in 2010, when 363 million barrels of oil were produced. Then, production declined to 310 million barrels in 2012...

Libya has all the resources it needs to become the richest country per capita in North Africa. But if current trends continue, the nation of 6.5 million may well go bankrupt by 2018...

As more countries come to see the importance of contract transparency in oil, gas and mining, more contracts are becoming available for scrutiny in the public domain. currently hosts more than 175 oil, gas and mining contracts...

Challenges around oil revenue management came to the forefront of the policy agenda as Uganda hosted the first International Growth Centre Africa Forum.

Nigeria's latest oil scandal has erupted, and it's a big one. This week, an online media outlet leaked a letter from the country's central bank governor to the president accusing the national oil company of failing to transfer $50 billion in oil revenues to the treasury between January 2012 and July 2013.

Revenue Watch, the School of Public Policy at the Central European University, and the Natural Resource Charter are now accepting applications for 2014's advanced course, "Reversing the Resource Curse: Theory and Practice."

The winners of the Soros Foundation Kazakhstan's grant competition were announced Monday.

A success story from the Civic Response Network in Azerbaijan, a Working Group’s intervention forced officials to start repair of a Shirvan water collector.

In terms of water access in Azerbaijan, the answer is complex.

“80-85% of the Azerbaijan state budget comes from oil, but there is no law on oil in this country,” said one of the most popular presidential candidates.

A radio program within the Joint Advocacy Platform (JAP) project devoted to revenue management in Azerbaijan last week asked the question, "Can black oil lead to black days?"

Chatham House released guidelines developed by researchers and public officials to provide policy-makers with targeted advice on how to embed good governance and management as they build a petroleum industry.

Along with costs induced by violent conflicts in the Niger Delta, the phenomenon has cost Nigeria an estimated loss of $30 billion and poses one of the greatest challenges to contemporary Nigeria.

The training was held in Almaty, but researchers from Astana, Shymkent and Semipalatinsk also attended...

Senior Middle East oil and gas experts and partners gathered for RWI's second annual advisory roundtable in Beirut on May 31 to consider RWI's continued engagement in the region in the context of planned programmatic expansions into Libya and Tunisia to support governments and oversight actors in their management of resource wealth.

The means of improving governance of oil, gas and mineral resources are detailed in a new textbook on energy policy, The Wiley Handbook on Energy Policy.

Report authors present the Resource Governance Index to a community of activists, experts and practitioners at the intersection of transparency, accountability and development.

The Revenue Watch Institute (RWI) and the Oil for Development Program (OfD) of the Norwegian Agency for Development Cooperation are pleased to announce that we are accepting applications for the 2013 RWI Petrad Fellowship.