The EITI Chair, Fredrik Reinfeldt, visited West Africa during the week of 22-26 August. He visited a region emerging from the Ebola crisis and struggling with low mineral prices. The former Swedish Prime Minister met with his counterparts in Guinea and Cote d’Ivoire. Both Guinea’s Prime Minister Mamady Youla and Cote d’Ivoire’s Prime Minister Daniel Kablan Duncan reaffirmed the commitment of their governments to using the EITI to improve the governance of their extractives sectors.
The Securities and Exchange Commission’s (SEC) regulation giving effect to Section 1504 of the Dodd Frank Act has been published. The rules will require extractives companies in the US to disclose payments made to governments for the commercial development of oil, natural gas or minerals, disclosures that have already become routine in many EITI implementing countries.
The Government of Côte d'Ivoire aims to reduce its dependence on cocoa and coffee by developing the oil, gas and mining sector.
Mauritania’s traditionally dominant mining sector has been hit by lower global prices and challenges at the state-owned mining giant. At the same time, West Africa’s largest natural gas discovery has generated momentum behind the formulation of stable long-term policies for the country’s extractive industries.
Nigeria’s EITI provides evidence of an oil and gas industry in flux. According to the Nigerian Ministry of Petroleum Resources, 78 of Nigeria's 159 oil fields are located in the Niger Delta region (as seen from space in the image above).
As complex as it is large
Nigeria’s oil and gas sector is undergoing significant changes, battered by both global and domestic shifts. As a pioneer in the EITI globally, Nigeria’s EITI has long highlighted some of the significant leakages in the sector,
In spite of the ongoing political, financial and security crisis, Iraq continues to publish data that could be used to inform the political debate.
The Board meets in Oslo, Norway
The international Board of the EITI, the global standard for natural resource governance, is meeting in Oslo, Norway on 1 and 2 June.
Fifty-one EITI countries have committed to ground breaking beneficial ownership reporting.
First time report contains information on who SOCAR's trading partners are.
Australia has announced that it will join the Extractive Industries Transparency Initiative (EITI), the international standard for increased transparency and accountability in the oil, gas and mining sectors.
In a joint statement, the Minister for Foreign Affairs Julie Bishop and the Minister for Resources, Energy and Northern Australia Josh Frydenberg said: