The French oil company Total becomes one of the first major oil companies to announce that they will advocate for the public disclosure by countries of their petroleum contracts and licenses. By coming out in favour of contract transparency, the company is joining ranks with mining giant Rio Tinto, as well as smaller oil companies Kosmos Energy and Tullow Oil. In a statement, EITI Chair, Fredrik Reinfeldt “welcomed and commended Total’s new policy,
On 14 March the Prime Minister of Niger, Mr. Brigi Rafini, was clear in a meeting my colleague Dylan Gélard and I had with him about the government’s intention to work towards rejoining the EITI.
Niger is one of the world’s poorest countries. It faces important challenges. It has the world’s fastest demographic growth, now standing at probably just below 20 million and doubling every 18 years, with something like 49 % of the population below the age of 15. On top of its domestic challenges,
I have been a member of the EITI Executive Committee from its creation in 2007 until today. Over the last ten years I have participated regularly in our multi-stakeholder dialogue and have witnessed DRC EITI grow from strength to strength as it has dealt with and overcome a number of tough circumstances. The collective awareness of issues facing the extractive sector in the DRC has risen amongst stakeholders and produced results that all parties can live with,
How stakeholders from government, civil society and industry worked together to make contract disclosure a reality.
Last month, Ghana launched its new petroleum register, which discloses a wealth of information on the companies extracting the country’s oil and the terms of their agreements with the Government of Ghana. This includes the actual contracts, outlining the legal and fiscal terms and conditions for the companies’ activities.
Seven suggestions to support women’s leadership in the extractive sectors.
Have you ever noticed that you are the only female sitting at the table?
In some countries, this is quite glaring, especially when having a conversation about the governance of the oil, gas and mining sectors. These sectors can have significant social, economic and environmental impacts on affected communities. They can change the natural environment, employment opportunities, the cost of living and social dynamics.
Transparency International (TI) has released its annual Corruption Perceptions Index (CPI) for 2017. The Index is of great interest to extractive sector followers and the EITI.
Unfortunately, the global picture is pretty dismal. This year’s Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption. Sadly this seems particularly true of countries with a significant extractives sector. Amongst the largest oil-producers in the world,
At the Mining Indaba last week, new versions of the Online Repository portals were presented by the Governments of Ghana, Mali, Liberia and Sierra Leone. The Online Repository portals publish the entire mining license registry, owner details and payments data directly from the mining cadastre system.
The new Online Repository portal design is refining a standard set and developed by Sierra Leone, who launched the first Online Repository in 2012.
The board of the Extractive Industries Transparency Initiative is meeting in Oslo this week to discuss, among other issues, the mainstreaming of extractive sector reporting. As focus moves away from EITI reports to governments’ own systems, it is important to examine the initiative’s relationship with key domestic actors like supreme audit institutions.
Day 2 of EITI Board meeting - Outcomes of Validation
Timor-Leste today joined Mongolia and the Philippines as the first countries having made satisfactory progress against the Standard. The Board also found Albania, Burkina Faso, and Kazakhstan to have made meaningful progress against the EITI Standard.
Two more Asian success stories
Mainstreaming is the future of EITI
The EITI Board made a groundbreaking decision today that will change how EITI implementation will look like in the coming years.
From EITI reports to systematic disclosures
The Board agreed to make systematic disclosures of extractives data through government and company systems the default expectation from countries. This means that instead of producing annual EITI Reports that typically cover fiscal periods that are behind by two years,
