Transparency International and the Revenue Watch Institute have published the first Revenue Watch Index, which details government public disclosure in managing oil, gas and minerals. The report compares how much governments disclose publicly about the money they receive for oil, gas and minerals exploitation and about contracts and other data. The index ranks Brazil and Norway highest among 41 countries for making public, detailed information about these resources. Russia, Mexico and Chile ranked third through fifth respectively; Turkmenistan ranked last, behind Equatorial Guinea and the Democratic Republic of the Congo.
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Revenue Watch Index: first ranking of government disclosure in oil, gas and mining management
- Herbert Smith Freehills LLP
- November 23 2010
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