Author: Natural Resource Governance Institute / Political Geography: Europe

Author:: Natural Resource Governance Institute
Publication Date:: 03-2015
Content Type:: Policy Brief
Institution:: Natural Resource Governance Institute
Abstract:: Extractive contracts are principal documents between a government and a company that details the terms and conditions under which a resource is exploited. While many jurisdictions have not traditionally made their oil, gas and mineral contracts available to the public, more recent developments show that contract disclosure is feasible and desirable for a wide range of countries. This briefing provides a number of reasons for the disclosure of extractive contracts. It also looks at questions and strategies for parliamentary monitoring and enforcing extractive agreements.
Topic:: Corruption, Government, Natural Resources, Accountability, and Extractive Industries
Political Geography:: United Kingdom and Europe

Author:: Natural Resource Governance Institute
Publication Date:: 03-2015
Content Type:: Policy Brief
Institution:: Natural Resource Governance Institute
Abstract:: The Extractives Industries Transparency Initiative (EITI) seeks to improve transparency and accountability in the oil, gas and mining sectors. In countries participating in EITI, oil, gas and mining companies must publish what they pay to governments, and governments must publish what they receive. Parliaments play an essential role in working to ensure that oil, gas and mining resources benefit the public interest. The EITI reporting scheme offers many benefits to members of parliament including providing essential information on revenues, licenses, and production data for oversight purposes. This briefing provides an introduction to the EITI standard, and suggests questions and strategies for successful parliamentary engagement with the EITI.
Topic:: Corruption, Natural Resources, Accountability, and Extractive Industries
Political Geography:: United Kingdom and Europe

Author:: Natural Resource Governance Institute
Publication Date:: 03-2015
Content Type:: Policy Brief
Institution:: Natural Resource Governance Institute
Abstract:: Oil, gas and mineral resources are distinctly different from other sources of government income. Only through good macroeconomic policy and public financial management can a country take full advantage of natural resources. This briefing examines the different tools available to a country and the role that members of parliament can play in overseeing the management of natural resource revenues. Furthermore it offers parliamentary questions and strategies for effective policy and oversight.
Topic:: Oil, Natural Resources, Gas, Tax Systems, Macroeconomics, Revenue Management, and Minerals
Political Geography:: United Kingdom and Europe

Author:: Natural Resource Governance Institute
Publication Date:: 03-2015
Content Type:: Policy Brief
Institution:: Natural Resource Governance Institute
Abstract:: State participation in oil, gas and mining is often exercised through state-owned enterprises (SOEs), whereby governments take a direct ownership stake in oil, mineral or gas ventures, either as the sole commercial entity or in partnership with private companies. This briefing gives an overview of the different structures of state participation and an introduction to the governance/management of state-owned enterprises. Furthermore, it offer questions and strategies for effective parliamentary oversight of SOEs.
Topic:: Oil, Natural Resources, Gas, Mining, and State-Owned Enterprises
Political Geography:: United Kingdom and Europe

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