BP Norway's main activity is exploration for and production of oil and gas on the Norwegian Continental Shelf. BP Norge operates four fields on the Norwegian continental shelf. In addition, BP is a partner in the Draugen field. Two large development projects are being planned: the development of the Skarv field off Nordland and a new field centre for Valhall. - Read more

"Gassco was established by the Ministry of Petroleum and Energy on 14 May 2001 as a wholly state-owned limited company. It took over the operatorship for all gas transport from the Norwegian continental shelf on 1 January 2002-03. Gassco is responsible as operator for transporting Norwegian gas to continental Europe and the UK through a 7 800-kilometre network of pipelines. The company carried 88.5 billion cubic metres of dry (sales) gas to market in 2006, corresponding to about 15 per cent of European gas consumption. The oldest part of the network was built in the mid-1970s, and it is constantly being extended. Planning the gas transport system represents a complex job with many participants. Gassco’s architect role gives it responsibility for assessing needs and coordinating further development of the gas transport system. The aim is to ensure that Norway has an integrated and well-run network which ensures optimum utilisation of its offshore resources. In its role as capacity allocator, Gassco is required to provide access to the gas transport system on objective and transparent terms. These must serve all gas shippers and contribute to the most efficient possible utilisation of Norwegian offshore resources. " - Read more

Norway is a strategic and growing core area for Marathon, which complements the Company's longstanding operations at Brae in the U.K. sector of the North Sea. Marathon was approved for the Company's first operatorship on the Norwegian Continental Shelf in 2002, where today the Company operates seven licenses. - Read more

The Ministry of Petroleum and Energy is responsible for the State’s direct financial interest (SDFI) and for the State’s shareholding in StatoilHydro ASA, Petoro AS and Gassco AS. In addition, the Ministry of Petroleum and Energy is responsible for the Government Petroleum Insurance Fund. The government regards it as very important for the state to play a role as a substantial, long-term and stable owner in order to retain a Norwegian base for StatoilHydro. The SDFI arrangement was established in 1985. The arrangement implies that the Norwegian State participates in the Norwegian petroleum sector directly as an investor. The SDFI has a direct financial interest in 121 production licences. - Read more

"StatoilHydro is an integrated technology-based international energy company primarily focused on upstream oil and gas operations with its' headquarters in Norway They have more than 30 years of experience from the Norwegian continental shelf, pioneering complex offshore projects under the toughest conditions. Their culture is founded on strong values and a high ethical standard. They aim to deliver long-term growth and continue to develop technologies and manage projects that will meet the world’s energy and climate challenges in a sustainable way. StatoilHydro is listed on NYSE and Oslo Stock Exchange." - Read more

NEITI: Towards better management of nation's oil and gas resources - Vanguard

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Bright Promise from the Mining Sector - Liberian Daily Observer

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Prosper or Plunder? Extractive Industries' Checkered Past With Development - Huffington Post (blog)

Prosper or Plunder? Extractive Industries' Checkered Past With Development Huffington Post (blog) On Tuesday, September 20th, President Obama delivered the welcome news that the US will now implement the Extractive Industries Transparency Initiative (EITI), the global transparency standard for oil, gas and mining. "Today, I can announce that the ...

Liberia Should Reform Oil Sector To Prevent Corruption, Report Says - Wall Street Journal (blog)

FuelFix

Liberia Should Reform Oil Sector To Prevent Corruption, Report Says Wall Street Journal (blog) The two organizations do credit Liberia with passing a law implementing the Extractive Industries Transparency Initiative and drafting an oil-sector reform policy, but found that the country is breaking that law. In a list of reforms proposed by Global ... Liberia: Immediate Reform Needed If Locals Are to Profit From Potential Oil ...AllAfrica.com Several Govt. Officials Linked to BriberyLiberian Daily Observer all 58 news articles »

U.K. Refuses Extractive Industries Transparency - Energy Digital

Upstream Online

U.K. Refuses Extractive Industries Transparency Energy Digital Yesterday, the United States signed onto the Extractive Industries Transparency Initiative (EITI), making it the second G8 country, alongside Norway, to join. US President Barack Obama says the initiative will ensure that "taxpayers receive every ... US Joins Extractive Industry Transparency Initiative Amid Open Government LaunchWall Street Journal (blog) Obama: US will implement oil transparency initiativeThe Hill (blog) US signs up for transparencyPetroleum Economist Upstream Online -Kuwait News Agency -www.JewelryNe.ws all 11 news articles »

UK refuses to sign up to oil, mining and gas transparency initiative - Telegraph.co.uk

Telegraph.co.uk

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Civil society challenges FG on oil transparency - NEXT

Civil society challenges FG on oil transparency NEXT "Nigeria's extractive industries transparency audit system is touted as one of the most robust in the world. If we as a country set those targets by ourselves, we should be seen to be meeting those targets. We should not go back to the experience prior ... NEITI urges partnership with CSOs to tackle bad governanceVanguard all 2 news articles »

Oil Revenue: Group Demands Release of NEITI Report - THISDAY Live

Oil Revenue: Group Demands Release of NEITI Report THISDAY Live The group said in a statement made available to THISDAY that the release of this report was one of the six requirements by the board of the Extractive Industries Transparency Initiative (EITI) in Oslo, Norway, for Nigeria's validation as a compliant ... Group Charges NEITI To Recover Trapped $5bLeadership Newspapers Nigeria: Oil Audit - NEITI to Probe Status of UN-Reconciled US$5 Billion RevenueAllAfrica.com all 5 news articles »

Agency restarts oil industry audit process - NEXT

Agency restarts oil industry audit process NEXT The process towards the 2009-2011 audit of the country's oil and gas sector is scheduled to kick off on Friday, the Nigeria Extractive Industry Transparency Initiative (NEITI) has announced in Abuja. NEITI's spokesperson, Orji Ogbonnaya ...

Civil Society seek release of oil industry Report - NEXT

Civil Society seek release of oil industry Report NEXT Civil Society organisations working in the area of Extractive Industry revenue transparency on Monday called for a release of the final report of the Annual Oil and Gas Sector Audit Report for 2006-2008 without further delay. ... and more »