Why don’t we use open source software development techniques in the energy industry? There’s an easy answer to that, of course. The current structure of competition is so heavily biased towards zero-sum game conceptions, between companies and between the corporate sector and host governments, that it would be hard to make happen. Ghana, or Yemen, more »
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The US Securities and Exchange Commission (SEC) has finally voted on the implementation of oil and mining transparency rules in the Dodd-Frank financial regulatory reform bill, more than a year after the original deadline came and went. Good news, to be sure, since tough financial disclosure rules are better late than never. But the delay is troubling, not only because of the bill's possible watering-down thanks to stalling lobbying by the American Petroleum Institute, whose membership reads like a who's who of Big Oil.