Extractive Industries Advisory Group, September 11-12, 2007 Meeting Minutes - 0 views
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"It was noted by an Advisor that work done by ICMM (International Council on Metals and Mining) showed that the resource curse was not inevitable. The ICMM studies showed that some countries did manage to use the development of their mineral endowment as a base for faster growth although experience had been variable. The key difference between countries that had been successful in doing this and those that had been less successful was in the overall policies adopted by governments. The issue was how to ensure that appropriate pro development policies were adopted and implemented effectively and to ensure that the World Bank was engaged where its support was needed."
The World Bank's new energy strategy (Bretton Woods Project) - 0 views
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Based upon the model implemented in England and Wales and in some parts of the United States and Latin America, reforms were geared towards restructuring and privatising state-owned electricity utilities in order to try to improve efficiency through competitive wholesale electricity markets.
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The impact of reform on poverty reduction also became a cause for concern. Even where private sector participation had occurred, expanding access to non-industrial consumers had been considered unprofitable. Stark figures for household access levels, such as 2 billion people without access to electricity worldwide, were difficult to ignoreii.
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interestingly, PSMPs tend to emphasise use of large-scale generation projects to exploit hydro and thermal potential and regional integration of grid networks. Whilst a stable grid serving the entire population might be an attractive long-term goal, rarely has such distributional equity been achieved. More often than not, grid extension programmes have failed to reach the rural poor because they have not always proven to be the most cost-effective means of expanding access to rural areas, mainly due to low population density and greater technical losses as transmission networks increase.
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allAfrica.com: Ghana: Oil Flows Amid Legal & Transparency Gaps - 0 views
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"The Ghanaian government must establish a legal framework that ensures transparent publication of oil payments received, open and competitive contract bidding and contract disclosure, and active monitoring and participation by civil society," Oxfam America urged.
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Richard Hato-Kuevor, Oxfam America's Extractive Industries Advocacy Officer in Accra, says "The Ghanaian Parliament is currently debating an oil revenue bill, and important provisions - such as a prohibition against using oil revenue as collateral for loans - have already been stripped out of the bill. A Petroleum Exploration and Production Bill, which had numerous weaknesses, has been shelved. Celebrations of first oil are clouded by the fact that the government has yet to establish an independent regulator since the Jubilee discovery was announced in 2007."
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Despite overwhelming public support for the provision baring oil-backed loans, Parliament last week voted to remove the bar and allow for oil-backed loans. Following on that, Ghana has signed the STX housing agreement, which many believe uses oil as collateral.
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Cable regarding proposed Petroleum Industry Bill; showing extent of Shell interference ... - 0 views
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NNPC General Managing Director Dr. Mohammed Barkindo was interested in doing something on climate change in preparation for the climate change summit in Copenhagen December 6-18. Barkindo was spread pretty thin so Shell will ask him how they can help him prepare for the summit.
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She said it would be helpful if the Embassy would continue to deliver low-level messages of concern. In particular, she thought it would be helpful for the Embassy to call on Speaker of the House Dimeji Bankoke to see where he stood on the bill. Beyond that, she would like to keep the Embassy in reserve and use it as a “silver bullet” if the PIB passes the House. The Ambassador noted that the U.S., U.K., Dutch and Qthe House. The Ambassador noted that the U.S., U.K., Dutch and French Embassies had already made a joint call on NNPC General Managing Director Dr. Mohammed Barkindo.
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Pickard said Shell had good sources to show that their data had been sent to both China and Russia. She said the GON had forgotten that Shell had seconded people to all the relevant ministries and that Shell consequently had access to everything that was being done in those ministries.
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Ghana / Oil / Building Capacity to Manage Ghana's Oil - World Bank assists wi... - 0 views
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The World Bank Board today approved a credit of US$38 million to the Government of Ghana for implementation of an Oil and Gas Capacity Building Project.
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Ghana and its partners in the Jubilee field have worked hard to bring it into production in barely three years a record time by industry standards but institutional development for sector management by the state and education and skills development face significant challenges.
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Given the strategic role civil society is expected to play in promoting accountability and community participation, an additional grant of US$2 million is being provided under the Banks Governance Partnership Facility (GPF) to support a wide range of activities to be championed and implemented by civil society and community based organizations.
Oil City: Where are the Jobs, pt. 2 | Pipe(line)Dreams - 0 views
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Both Tullow Oil and Kosmos Energy have posted scam alerts on their websites. Here’s the warning from Kosmos: NOTE: POTENTIAL RECRUITMENT FRAUD Kosmos Energy has learned that job applicants in the international oil and gas business, as well as other industry sectors, may be contacted by individuals or organizations that offer false employment opportunities. These communications are often via email and may request personal information or money. Kosmos only makes job offers after candidates have completed a formal interview process and does not ask applicants to pay fees during recruitment. Specifically, please note that any communications from or about the “Kosmos Group” are not associated with Kosmos Energy. This is good, but I don’t know how useful these alerts are. There are a lot of people in Takoradi who don’t have internet access. And even when you get to the Tullow or Kosmos websites, it’s not easy to get information.
OIL POLITICS: Drilling in the dark - 0 views
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Remember that in their 2010 budget, they had a chicken-change sum of N90m for staff marriages and bereavements! The commission defended the outrageous budgetary allocation on the grounds that it was dictated by emotional intelligence. Peculiar intelligence, one would say.
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the Nigerian National Petroleum Corporation still relies largely on paper-based accounting systems.
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Why would the oil companies refuse to give figures of extracted oil measured at the well heads?
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Big Oil's sleazy Africa secrets: How American companies and super-rich exploit natural ... - 0 views
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Luanda consistently ranks at the top of surveys of the world’s most expensive cities for expatriates, ahead of Singapore, Tokyo, and Zurich. In glistening five-star hotels like the one beside Chicala, an unspectacular sandwich costs $30. The monthly rent for a top-end unfurnished three-bedroom house is $15,000.
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The railways, the hotels, the growth rates, and the champagne all flow from the oil that lies under Angola’s soils and seabed. So does the fear.In 1966 Gulf Oil, a US oil company that ranked among the so-called seven sisters that then dominated the industry, discovered prodigious reserves of crude in Cabinda, an enclave separated from the rest of Angola by a sliver of its neighbor, Congo.
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“When the MPLA dropped its Marxist garb at the beginning of the 1990s,” writes Ricardo Soares de Oliveira, an authority on Angola, “the ruling elite enthusiastically converted to crony capitalism.” The court of the president—a few hundred families known as the Futungo, after Futungo de Belas, the old presidential palace— embarked on “the privatization of power.”
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Obama on Wrong Side in Shell Oil Human Rights Case | Black Agenda Report - 0 views
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But now, under these circumstances, Shell Oil claims it is not a person, subject to human law, but an entity possessing corporate immunities.
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When Shell Oil walked into the U.S. Supreme Court building, this week, claiming that it is not responsible for the torture and murder of Nigerians in its oil fields in the Niger River Delta, the Dutch corporation had a friend in the courtroom: the Obama administration.
West using terror to plunder oil resources of Nigeria | nsnbc - 0 views
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With a population of 160 million, Nigeria is the known as the “giant of Africa”. In addition to crude oil, Nigeria has also the biggest reserves of natural gas among Sub-Saharan nations. Western energy companies are gearing up to tap this wealth even further in the coming years. Balkanising the country into North-South entities would undermine the central government in Abuja and bolster exploitation by these corporations.
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However, some Nigerian analysts believe that the organization is being used by powerful external forces as a conduit for destabilizing Nigeria. Political analyst Olufemi Ijebuode says: “The upshot of this latest massacre is to destabilize the state of Nigeria by sowing sectarian divisions among the population. The killers may have been Boko Haram operatives, but Boko Haram is a proxy organization working on behalf of foreign powers.”
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Campbell reiterated the significant observation: “The Mubi atrocity will feed a popular perception that the government can no longer ensure security in large parts of the country.”
PressTV - West using terror to plunder oil resources of Nigeria - 0 views
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Balkanising the country into North-South entities would undermine the central government in Abuja and bolster exploitation by these corporations.
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Political analyst Olufemi Ijebuode says: “The upshot of this latest massacre is to destabilize the state of Nigeria by sowing sectarian divisions among the population. The killers may have been Boko Haram operatives, but Boko Haram is a proxy organization working on behalf of foreign powers.”
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Campbell reiterated the significant observation: “The Mubi atrocity will feed a popular perception that the government can no longer ensure security in large parts of the country.”
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Breaking Down Corporate Firewalls By Nnimmo Bassey | Sahara Reporters - 0 views
Courthouse News Service - 0 views
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In the latter arbitration, Chevron claims that Ecuador had violated the Bilateral Investment Treaty (BIT) by letting the case advance. Since that time, the BIT claimed jurisdiction over the case, and both parties are currently gathering evidence for proceedings on whether Chevron received a fair shake in Ecuador.
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Under U.S. law, federal courts can issue discovery orders forcing parties involved in "foreign or international tribunals" to turn over information that would be useful in those proceedings. The 5th Circuit, a New Orleans-based federal appeals court, found that Chevron cagily straddled this language to get Ecuador to cough up documents while protecting its own.
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A federal judge quashed the subpoenas, deferring to Chevron's arguments that the BIT did not qualify as a "tribunal" - when Ecuador wanted evidence for it.
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Archbishop Justin Welby: The shady 'Monsieur Africa' and a £6billion mission ... - 0 views
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He was quickly handed responsibility beyond his years. For instance, he was directly involved in an attempted hostile takeover of an American oil company, Kerr-McGee. Hours before it was due to go ahead, the takeover was halted after the intervention of the French prime minister who feared it would damage French-US relations.Before it was stopped, Mr Skjevesland recalled Mr Welby was instructed by Elf’s group treasurer to transfer $2 billion. ‘One morning Justin came in to the office and told me, “I got a phone call from New York last night. We’re going to go ahead with the acquisition.”
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Mr Welby had been a committed Christian since university yet rarely discussed his faith with colleagues. But some recall him wearing a cross pinned to the breast pocket of his tweed jacket. Isobel Gil-Noble, the warden of St Michael’s, the English-speaking Paris church Mr Welby attended, said: ‘Justin was a bit of a yuppie – and a real slick professional.’Mr Skjevesland, who was the company’s assistant treasurer for most of Mr Welby’s time with Elf, also attended the monthly talks in Lagos on the Bonny LNG project.It was at this time, unbeknown to Mr Welby who only learnt of the allegations last year, that abuses were being carried out in Elf’s name in the Delta.
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Archbishop Welby said in a statement last night: ‘During my time at that company [Elf] I worked in a junior finance capacity on a project in Nigeria, travelling to Lagos from Paris. ‘To suggest that I was in some way responsible for making strategic decisions, or that I was even aware of any alleged dubious confidential strategy by Elf, is absurd given my youth and lack of seniority. ‘In the case of the Bonny LNG project, Elf only had a five per cent stake, so even the company itself had minimal influence in decision making.’
Shell accused of benefiting from South African apartheid-era land law | World news | gu... - 0 views
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Shell obtained permission to occupy (PTO) during the apartheid era, when black people were not permitted to obtain title deeds to land. A PTO holder once paid a token rent to the government; now it pays it to the Ingonyama Trust Board, which administers about 2.8m hectares of land in KwaZulu-Natal. The board says the agreement legally cannot be changed, despite the stations' profitability.
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