Making a Good EITI Report: Analyzing EITI Information

On the occasion of the fifth Extractive Industries Transparency Initiative (EITI) global conference, Revenue Watch has analyzed 50 EITI reports from 23 countries. Some provide clear, complete information about revenues from oil, gas and mining. Others leave readers frustrated and confused. Most fall somewhere in the middle. Read RWI's briefings to find analysis and key recommendations for improving EITI report quality and expanding report usage.

  • What Makes a Good EITI Report?
  • What Do the Numbers Say?
  • Learning from Success and Challenges
  • RWI Releases Simple Tools to View, Compare Data

    EITI DataRWI Research Associate Alexandra Gillies and Northwestern professor Richard Joseph survey the political turmoil in Nigeria during the illness of late President Umaru Yar’Adua, detailing the uncertainty among Nigerian leaders and the ways in which political tumult slowed action on vital issues such as crippling infrastructural deficit, local confict, oil sector reform, and the rehabilitation of democratic institutions in preparation for the 2011 elections.

    Company Disclosure Improvements Must Go Further

    PRT 2011The 2011 report on revenue transparency, created in partnership with Transparency International, rates 44 oil and gas companies on their financial reporting in their countries of operation, and on the availability of information on company anti-corruption programs. "It's striking that relatively few companies disclose on a country-by-country basis the payments they made to governments," said Karin Lissakers, director of RWI.

    Breakthrough in UK Signals Important Step for Global Corporate Reporting Campaign

    At a G20 meeting in Paris, Britain's Chancellor of the Exchequer and business secretary threw their government's support behind new disclosure rules that would require oil and mining companies to publish payments in every country of operation. RWI's Vanessa Herringshaw explains the significance of the announcement and the need for fast action on similar rules on stock exchanges in Canada, Australia, South Africa and China.
    REVENUE WATCH INDEX
    Revenue Watch IndexA pioneering measurement of government disclosure in the management of natural resources, the Revenue Watch Index ranks 41 countries among the world's top producers of oil, gas and minerals.

    Follow RWI on TwitterFOLLOW THE EITI CONFERENCE ON TWITTER
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    COUNTRIES

    Angola
    With large deposits of oil and diamonds, as well as natural gas reserves, Angola is among Africa's most resource-rich countries. It produced 1.7 million barrels of oil per day in 2007, and also generates roughly 10 million carats of diamonds and 26.5 billion cubic feet of natural gas each year. Angola's proven reserves include eight billion barrels of oil and 440 million carats of diamonds.
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    Iraq
    Iraq, a nation of 25 million people, holds the second largest oil reserves in the world, estimated to exceed 300 billion barrels. While Iraq enjoyed a period of relative prosperity and modernization in the 1950s and 1960s, its more recent history of pervasive violence, mismanagement and abuse has denied the people of Iraq any lasting benefits from this wealth.
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