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Tag Archives: Oil management
Avoiding the Resource Curse
Many resource-rich countries have fallen prey to the natural resource curse [1]. But a handful of developing countries have managed to escape it. This note examines four resource-rich countries and the policies they have followed since the beginning of the … Continue reading
Extractive Industries Transparency Initiative
Founded on the belief that promoting revenue transparency in resource-rich countries is one of the fundamental building blocks for sustainable economic growth and poverty alleviation, the Extractive Industries Transparency Initiative (EITI) [1] was launched in Johannesburg at the World Summit … Continue reading
Oil Resource Holds Hope for Cambodia’s Future Wealth
The impending development of off shore oil fields discovered in Cambodia’s territorial waters, and continuing onshore exploration, may herald big changes to the country’s economy. A joint ADB and World Bank Oil and Gas Mission visited Cambodia recently. During their … Continue reading
Introduction to Oil and Gas
The announcement of Cambodia’s first significant petroleum discovery in January 2005 has put Cambodia on a path to becoming a new oil producer. The world petroleum industry has a long history and oil has not always benefited people in the … Continue reading