Oil & Gas

The state of unreadiness for the advent of ‘first oil’ in Guyana in both technical and political terms is a matter of major concern.  While a range of factors have contributed to the lack of technical readiness, the source of political unreadiness is readily located in the absence of a bi-partisan political culture, following decades …

CIVIL SOCIETY ORGANIZATIONS SUPPORT INTERIM MECHANISM TO MONITOR OIL & GAS Read More »

A Citizens Assembly held at the Nurses Association on Saturday, February 8th attempted to provide ordinary Guyanese an opportunity to think through key issues related to oil and gas, such as who the oil belongs to and how the money it generates should be used.  Additionally, should Guyana’s climate commitments be set aside in favour …

PRESS RELEASE: WORKING TOWARDS A FUTURE WE WANT: ASSEMBLY ENDORSES CITIZENS DIVIDEND & CAP ON OIL PRODUCTION Read More »

Guyanese understanding of the oil industry has been decisively influenced by oil company’s public relations campaign that oil is a risk-free, win-win, wonderful-for-everyone adventure. To this extent, they have successfully distracted Guyanese from addressing key issues, including the concept of a Citizens’ Dividend, equal rights of all citizens to share the benefits, the implications of …

VISIT OF RAHUL BASU OF GOA FOUNDATION Read More »

 Extractive Sector Corruption: What we have learned? There is a global consensus that in many countries, extractives sector corruption can deprive the population of resources needed to reduce poverty.  At the same time, many good practice options are emerging as models for improving transparency in regulatory governance of these sectors.  Among these include systems to …

Extractive Sector Corruption: What we have learned Read More »

The EITI value chain Strengthening governance along the extractive industries value chain The EITI Standard requires countries and companies to disclose information on the key steps in the governance of oil, gas and mining revenues: Natural resources Contracts & licenses Production Revenue collection Revenue allocation Social & economic spending Public benefit Here is a short …

Strengthening governance along the extractive industries value chain Read More »

9 December marks the UN’s “anti-corruption day”. What is there to celebrate and lament in 2017, and have we finally ‘drained the swamp’? A slogan that helped carry Donald Trump to the White House sent a message that opaque dealings, lobbyists and contractors have a parasitic role in the democratic process that would no longer …

Trillion dollar industries, corruption and us: another year fighting for transparency Read More »

EITI Chair Fredrik Reinfeldt’s end-of-year message   Dear EITI supporters, 2017 has been a busy year for our countries. Almost half have completed Validation, we have seen unparalleled political commitments on beneficial ownership transparency and most are accelerating the process of mainstreaming transparency into government and company systems. We welcomed three countries to our family …

EITI end-of-year message Read More »

Civil society representatives on the international Board of the Extractive Industries Transparency Initiative (EITI), a multi-stakeholder initiative founded in 2002 to foster greater transparency in the extractive sector, are pleased to announce their collaboration with the Consensus Building Institute over the coming six months to undertake an independent review of the EITI civil society constituency …

The Consensus Building Institute to facilitate independent review of civil society constituency guidelines in the EITI Read More »