The content of this newsletter Introduction About this issue Need to know What does the Paris Agreement mean for the future of Extractive Industries? A new contractual model is used in the Ecuadorian oil & gas industry for the development of crude fields through private investment Trainings and events Global Accountability Conference on Oil and Gas…
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Top management of the Office of the Auditor General of Uganda visits the Albertine Graben and Karuma Hydro Electric Power Project
Recently the Energy Sector team of the OAGU, in collaboration with the INTOSAI Working Group on Audit of Extractive Industries (WGEI), organized a visit to some of the areas of the Albertine Graben Region where Petroleum activities are taking place as well as to the Karuma site, in Northern Uganda, where a major Hydro-electric project…
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What does the Paris Agreement mean for the future of the Extractive Industries
With last December’s Paris Agreement, the world community agreed on reducing the emission of greenhouse gases severely with the aim to limit global warming. What exactly is agreed on? And even more important from the WGEI perspective: how does it affect the extractive industries? (By Marcoen Roelofs & Jeroen Doornbos, Netherlands Court of Audit) After…
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A new contractual model is used in the Ecuadorian oil & gas industry for the development of crude fields through private investment
With the ongoing oil crisis, the Ecuadorian State has develop new ways to get financing from exploration and exploitation of crude blocks in the Amazon; resulting in a new type of contract which has raised criticism for its legality. However, with the General State Budget depending mainly of that resource, it is important to describe…
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