So, overnight, the world has another 29 billion barrels of oil after Iraq decided to upgrade its proven reserves from 114 billion to 143 billion barrels based on new evaluations of West Qurna and Zubair fields in the south. That’s pretty much an entire year of global demand right there. Although the details are a more »
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Following is an open letter to Esperanca Bias, Mozambique's Minister of Resources, on the occasion of Mozambique's accession to the EITI mechanism. It is jointly signed by OpenOil and the Center for Pubic Integrity, a research institute and NGO based in Maputo. Dear Minister Bias, This year, 2013, is of unprecedented importance in ensuring good governance of the extractive sector in Mozambique.