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Covering oil – a reporter’s guide to energy and development

Tsalik, Svetlana and Schiffrin, Anya (eds.)
For the vast majority of people in most resource-rich countries, natural wealth does not translate into prosperity, but instead leads to environmental and economic devastation, and hampers democratic reform. Only an informed public can hold leaders to account. Yet local reporting often overlooks the legal, economic, and environmental implications of resource extraction. This guide aims to encourage rigorous reporting on these issues by providing practical information about the petroleum industry and the impact of resource wealth on a producing country. It comes out of a series of organized workshops for journalists in the oil-exporting countries of Azerbaijan, Kazakhstan, and Nigeria, during which participants expressed a need for more information to help them understand the issues surrounding resource exploitation. ‘Covering Oil’ outlines the fundamentals of petroleum contracts, provides a glossary of relevant economic theory, and presents case studies of major public policy issues.
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Contributor: Revenue Watch - http://www.revenuewatch.org
Topic: Economy and Development
Country: Azerbaijan, Kazakhstan
Document Type: Policy Analyses
Year: 2005
Keywords: Energy Policy, Trade Regulation, Transparency
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