OpenOil launches repository: 385 oil contracts from 54 countries, one click away

on November 11, 2014 · Leave a Comment 

(MEDIA RELEASE) BERLIN, Tuesday, November 11 – OpenOil and its partners on Monday launched the world’s first comprehensive archive of oil contracts. Some 385 host government contracts from 54 countries are now available with one click. The repository includes contracts which govern oil production in many countries where disclosure has largely been unknown, such as more »

Open contracts, closed models

on November 10, 2014 · Leave a Comment 

How Can Economic Modeling Improve Extractive Sector Governance? The potential for economic modeling to improve extractive sector governance is beginning to get the attention it deserves. Economic models are already a key tool in “behind the scenes” decision making for companies and, increasingly, for countries as well. Existing modeling efforts however suffer from two serious more »

You don’t know what you’ve got until its modeled

on November 5, 2014 · Leave a Comment 

More contract disclosure will not necessarily result in greater understanding of the economic implications of fiscal terms. The terms only become meaningful when their interactions are understood alongside relevant national tax laws and regulations. So to make real sense of the economic implications, the fiscal terms must be considered under varying scenarios of production, price more »

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