Oil, Gas, and Mining

Victor, D. G., D. R. Hults, and M. Thurber. 2012. Oil and Governance: State-Owned Enterprises and the World Energy Supply. Cambridge, UK: Cambridge University Press. OTHER RESOURCES

Summaries of the following references are available online at the Sourcebook website:

World Bank. 2006. Mining Royalties: A Global Study of Their Impact on Investors, Government and Civil Society. A World Bank Study. Washington, DC: World Bank, chapter 2. Mansell, R. L., J. Winter, M. Krzepkowski, and M. C. Moore. 2012. Size, Role and Performance in the Oil and Gas Sector. Calgary, Canada: University of Calgary School of Public Policy.

CHAPTER 3: The Extractive Industries

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Oil, Gas, and Mining

Published on May 12, 2022

World Bank Publications

"Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries provides developing countries with a technical understanding and practical options around oil, gas, and mining sector development issues. A central premise of the Sourcebook is that good technical knowledge can better inform political, economic, and social choices with respect to sector development and the related risks and opportunities. The guidance provided by the Sourcebook assumes a broad set of overarching principles, all centered on good governance and directed at achieving positive and broadly based sustainable development outcomes. This Sourcebook is rich in presenting options to challenges, on the understanding that contexts and needs vary, and that there is much to be gained from appreciating the lessons learned from a broad set of experiences."

Oil, Gas, and Mining

Articles inside

10.1 Environmental and Social Institutional Arrangements

10.6 Response 3: Accountability—Stakeholder Consultation and Participation

10.5 Response 2: Effective Implementation, Monitoring, and Enforcement

10.4 Response 1: Appropriate and Adequate Rules

Notes

9.11 Goal Setting and Community Participation

9.7 Summary and Recommendations

9.10 Social Impacts: Special Issues

9.9 Essentials of a Good Environmental Protection Regime

9.8 Challenges Associated with Artisanal and Small-Scale Mining (ASM

9.6 The Responses

9.7 Decommissioning and Environmental Protection Plans

9.5 Tools: Legal and Regulatory

9.6 Potential Opportunities Generated by ASM

9.5 Reframing the ASM Debate: Integrating It into the EI Value Chain

9.3 The Deepwater Horizon Oil Spill

Areas and Critical Ecosystems (PACE

9.4 Challenge 2: Environmental and Social Impacts

9.2 Objectives of the Parties to an Infrastructure Project

9.1 Liberia: Open Access Regime in Mineral Development Agreements

Investments Create Positive and Sustainable Impacts

9.2 Two Key Challenges

8.4 Civil Society–Led Initiatives

8.5 Private Sector–Led Initiatives

8.6 Emerging Global Norms and Standards

8.3 The Seven Requirements of the EITI Standard

8.5 Transparency Initiatives

8.2 EIs and Social Accountability

8.4 Challenges and Special Issues

8.1 Balancing Transparency Interests: Opposing Dodd-Frank

Other Resources

8.2 Definition and Scope

8.3 The Benefits of Transparency

Notes

7.4 Examples of Revenue-Sharing Formulas

7.9 Revenue Allocation and Subnational Issues

7.8 Spending Choices and Use of Government Revenues

7.7 Alternative Means of Addressing Volatility

7.6 Addressing Volatility: Stabilization Funds

7.3 Stabilization Funds: The Experience of Chile

7.5 Alternative Means of Addressing Fiscal Sustainability

7.2 Savings Funds: Four Examples

7.3 Consume or Save?

6.5 What a Well-Designed Fiscal Regime Must Do

7.1 Botswana and Chile: Experiences with Fiscal Rules

7.2 Why Revenue Management is Difficult

6.4 Routine Tax Administration: Challenges

6.7 Summary and Recommendations

6.6 EI Fiscal Administration

6.5 Special EI Fiscal Topics and Provisions

6.3 Elements for Action on Taxation of Transfer of EI Interest

6.4 Main Fiscal Instruments under a Fiscal Regime

6.1 Forms of State Participation

6.2 Key Fiscal Objectives

6.3 The Main Types of EI Fiscal Systems

5.4 Summary and Recommendations

5.8 Unitization in Maritime Waters

5.6 Petroleum Sector Reform in Brazil

5.5 Petroleum Reform in Colombia

5.1 Institutional Structure: The Ministry and the Regulatory Agency

5.2 Mining Participation

5.2 Organization in the Public Interest

5.3 NRC Success Stories

5.4 Petroleum Technical Assistance to South Sudan

Notes

4.13 Taking Action: Recommendations and Tools

4.12 Summary

4.11 Disputes: Anticipating and Managing Them

4.11 Claims under Bilateral Investment Treaties (BITs

4.10 Contract Negotiations

4.10 The Four Main Forms of Stabilization Clause

4.9 Investment Guarantees: Stabilization

4.8 Why Regulations Are Necessary

4.9 Geodata

4.7 The Award of Contracts and Licenses

4.6 Contractual Provisions for Natural Gas

4.7 Model Mining and Development Agreement

4.5 Local Benefit: The Kazakhstani Experience