Good governance and regulation of oil are public goods that benefit all the actors involved in the oil industry. However, in producing or exploring countries which have weak institutions and a challenging political landscape, these public goods have often been in short supply, leading to countries with weaker sectors, environmental disaster, public anger, under-development, corruption and even political instability.
Closing this governance gap in the oil sector will require new efforts at collaboration from all the stakeholders – governments, the private sector, and the public. Using Liberia and other emerging producers as case studies, the NRC, in collaboration with the International Growth Centre and the National Oil Corporation of Liberia, brought together an unusual and unprecedented mix of high level doers and thinkers from industry, academia and government to address this challenge.
Speakers and participants included:
- Robert Sirleaf – Chairman, National Oil Company of Liberia (NOCAL)
- Ali Moshiri – Managing Director, Africa and Latin America, Chevron
- Walter Kansteiner – ExxonMobil
- Brian Maxted – CEO, Kosmos
- Karl Thompson – CEO, African Petroleu
- Paul Collier – Professor of Economics and Public Policy, Blavatnik School of Government, University of Oxford
For more information download the programme here.