There are fewer than 1000 days remaining until the 2015 deadline for achieving the Millennium Development Goals (MDGs). Based on current progress, many will not be achieved. For Transparency International, a critical reason for the lack of success is weak governance and the corruption that follows.
Globally, petroleum and its derivatives account for 15 per cent of the world's trade. Oil and gas production serves to meet nearly 60 percent of the energy consumed worldwide. Demands on the industry are only rising as expanding economies such as China and India require more energy to grow.
Topic:
Security, Industrial Policy, Oil, and Natural Resources