Archive for the 'transparency' Category
Crunch time for the EITI
1 Comment Published by Andy Rowell April 14th, 2010 in financing oil and gas, oil royalties, transparencyTomorrow the International Board of the Extractive Industries Transparency Initiative is holding its Annual meeting in Berlin.
The EITI was set up by ex-British Prime Minister, Tony Blair to try and improve improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, gas and mining.
The murky world [...]
The rhetoric changes but what about the reality?
0 Comments Published by Andy Rowell July 13th, 2009 in African Oil, American foreign policy, transparencyIt was a great speech full of powerful oratory. When Obama addressed the Ghanaian parliament on his first trip to Africa over the weekend, his speech was peppered with the concepts of America and Africa working together in a powerful, partnership.
Obama told his audenice that Africans needed to remove the millstone of conflict around their [...]
Nigeria: Oil Transparency Remains “Elusive”
0 Comments Published by Andy Rowell February 27th, 2008 in African Oil, Corruption, transparencyAlthough Nigeria passed legislation last year establishing an independent body the to make sure that oil majors pay the necessary royalties and taxes, anti-corruption activists are saying the law is not strong enough to fully clean the industry.
Under the law – the Nigeria Extractive Industries Transparency Initiative (NEITI) - oil companies are required to disclose [...]
