NEW FROM RWI: Drilling Down: The Civil Society Guide to Extractive Industry Revenues and the EITI
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| Download: Save and Print the Full Text of Drilling Down (pdf, 1.1MB) | Français (pdf, 1.2MB)
| Español (pdf, 2MB) | |
Revenue Watch Institute is pleased to announce the release of its first comprehensive guide to EITI issues and the challenges of extractive industries accounting for civil society readers.
This milestone publication provides step-by-step explanations of each phase of EITI implementation and unpacks the complex technical and strategic issues that activists face at each stage. Using real-world examples and data from multiple countries, Drilling Down illustrates the fundamental issues behind the EITI, including government accounting systems, types of extractive industry contracts, and the different fiscal regimes that control the flow of funds to and from governments.
Produced by Revenue Watch and authored by transparency and extractives industry expert David Goldwyn, Drilling Down is written specifically for civil society readers new to the challenges of extractive revenue management. In addition to the defining EITI concepts and stages of implementation, the book provides recommendations for interpreting an EITI audit and effectively communicating the results, and also explores advanced revenue management issues such as contracts and legal and economic frameworks, areas of vulnerability in accounting, and revenue and expenditure tracking.
To request copies of Drilling Down and learn more about RWI's civil society capacity-building initiatives, please send email to info@revenuewatch.org.
Download: Save and Print the Full Text of Drilling Down (pdf, 1.1MB)
Downloadable Translations:
Français (pdf, 1.2MB) | Español (pdf, 2MB)
READ MORE ABOUT THE EITI
As Iraq Stabilizes, China Eyes Its Oil Fields - The New York Times
Editorial: The First Deadline in Iraq - The New York Times
A Flower Grows in Africa - Miller-McCune Magazine
Warily Moving Ahead on Oil Contracts - The New York Times
Oil, Gasoline Surge After Attack on Shell Pipeline in Nigeria - Bloomberg
A Push to Open the Pentagon's Books - Politico
Nigeria to Outline Delta Amnesty - BBC
Russian-Nigerian Talks Took Place in Abuja - Office of the President of Russia
Turkmens to Increase Gas Supplies to China - Reuters
Arbitration Deal on Sudan's Oil - BBC
Big Oil Ready for Big Gamble in Iraq - The Wall Street Journal
Blood Diamond Scheme "Is Failing" - BBC
Brazil: A New Energy Law Emerges - Stratfor
US Bill Would Outlaw Vulture Funds - Guardian (UK)
Socialism on the Never-Never - The Economist
Showcase: Kashi, Kashi, Kashi - The New York Times
Getting a Better Deal from the Extractive Sector
The Government of Liberia won significant gains in taxes, social programs and corporate governance rules after renegotiating its contracts with the Firestone rubber company and the ArcelorMittal steel company. In a comprehensive report on Liberia's negotiations, Revenue Watch demonstrates the pivotal role that the contract process can play in economic recovery and development.
Learn more about the report ...
Drilling Down
This milestone guide from the Revenue Watch Institute provides step-by-step explanations of each phase of EITI implementation and a comprehensive review of extractive industries accounting for civil society readers.
Learn more about Drilling Down ...

