Global Launch of the National Oil Company Database
25 April 2019 • 9:30AM EDT
NRGl launches the world’s largest open public database on national oil companies, www.nationaloilcompanydata.org, on 25 April in Washington, D.C. Register to attend in person or watch the webcast.
Featured speakersPatrick Heller, advisor, NRGI
Daniel Kaufmann, president and CEO, NRGI
Mark Robinson, executive director, Extractive Industries Transparency Initiative
Zainab Usman, social development specialist, World Bank
Description
At this event, the Natural Resource Governance Institute (NRGI) launched the world’s largest open public database on national oil companies, www.nationaloilcompanydata.org. NRGI advisor Patrick Heller led a presentation of the database and associated analysis, which provides new insights into these critically important companies. Watch the full event below.
National oil companies are massively influential, producing the majority of the world’s oil and generating trillions of dollars in revenue every year. And as shown by recent headlines from Venezuela to Saudi Arabia to Ghana, decisions about how to manage these companies can have major impacts on the health of national economies and the wellbeing of citizens. But in spite of their importance, they have traditionally been poorly understood, in large part because a lack of consistent and open data. This has impeded accountability.
NRGI has addressed this problem by assembling the National Oil Company Database, which features more than 70,000 data points on more than 70 NOCs worldwide. The database provides detailed information on the production, revenues, expenditures, balance sheets, tax payments and performance of NOCs, and facilitates comparison over time and across companies to support governance and strategy-making.
The global launch featured a presentation of the database and two associated reports, as well as commentary from global experts on NOCs, transparency and governance.