• Antoine Heuty and Ashraf HaidariIn a recent CNN interview, Antoine Heuty of RWI and Ashraf Haidari of the Embassy of Afghanistan discusssed the prospects for improved development and for increased conflict and corruption in Afghanistan, where vast untapped mineral riches have recently sparked international attention and calls for good governance of the war-torn countries mineral sector.
  • When companies sell their oil and gas assets before production has even begun, they may turn a profit long before the host country can collect the tax revenues typically associated with production. The prospect of an immediate upside for industry with uncertain or delayed benefits for countries has sparked a debate over capital gains taxes on pre-production sales. Analyst and RWI advisor Keith Myers reviews current controversies in Uganda and Ghana, using these emerging oil nations to make the case for clearer extractive sector taxation rules.
  • A year after Peru witnessed deadly conflicts over hydrocarbon exploitation in the Amazon, the nation's Congress has passed a law clarifying the right of indigenous peoples to advance consultation concerning extractive industry activities on their lands. Claudia Viale and Felipe Bedoya of RWI's Latin America office explore the issue.
  • Revenue Watch Director Karin Lissakers responds to a recent Wall Street Journal article on the new energy sector reporting rules in the Dodd-Frank Wall Street Reform Act, calling on oil companies to demonstrate their commitment to a more level competitive field by supporting global standards for better disclosure practices.

NEWS FROM AROUND THE WEB


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JOBS


Research Consultant: Native Lands and Extractive Industries in the United States
The Revenue Watch Institute seeks a Research Consultant: Native Lands and Extractive Industries in the United States.

Regional Associate
The Revenue Watch Institute seeks a Regional Associate to be based in Ghana.

Part-Time Accountant
The Revenue Watch Institute seeks a part-time Accountant to be based in Ghana.

Fall Undergraduate Intern
The Revenue Watch Institute seeks a Fall Undergraduate Intern.

COUNTRIES

  • Though it is often cited as a massive importer of natural resources, China is also a major producer of oil and gas as well as a wide variety of minerals. Development of China’s domestic extractive resources is dominated by a number of state-owned enterprises including China’s three national oil companies (NOCs). China is not generally characterized by a high degree of transparency and this certainly extends to the extractive sector—both in its domestic and international activities.