July 2019 News and Analysis from NRGI

News from NRGI
31 July 2019

Highlights

Latin America’s State-Run Oil Giants Are Struggling
The Economist used NRGI's National Oil Company Database to analyze the performance of state-run oil companies in Latin America, finding that they face significant and diverse challenges.

NRGI Impact: IMF Strengthens Global Resource Governance Norms With Its Fiscal Transparency Code

With contributions from NRGI, the International Monetary Fund overhauled one of its main tools for promoting voluntary transparency among its members to include a new pillar covering natural resource revenue transparency. This is the latest in a series of "NRGI Impact" stories, which highlight some of the organization's contributions to resource governance.

Oil Companies That Are 'Too Big to Fail'
"Given the importance of national oil companies, increasing accountability today is a must for governments hoping to avoid bailouts tomorrow," Patrick Heller writes in a Financial Times commentary drawing on the National Oil Company Database.

Blog

Will Extractive Companies Move Away from Corruption-Prone Intermediaries?
As companies revisit use of high-risk third parties, they should consider eliminating certain types of agents, NRGI advisor Alexandra Gillies writes.

Going Beyond Revenues in Extractive Sector Governance: But How?

Extractive projects can generate substantial revenues and therefore hopes for development. But they also generate a range of negative environmental and social effects. This post explores how to better measure, value and report on the non-fiscal impacts of extraction, alongside fiscal impacts--topics that were also discussed in a session at June's EITI Global Conference.