Dr Carole Nakhle, CEO of Crystol Energy, taught at the Executive Course on Oil, Gas and Mining Governance, that took place on 12–16 September 2016 at the Blavatnik School of Government, University of Oxford. The course was developed through a unique collaboration between Oxford University’s Blavatnik School of Government and the Natural Resource Governance Institute.
Countries with non-renewable resource wealth face both an opportunity and a challenge. When used well, these resources can create greater prosperity for current and future generations. Squandered, they can cause economic instability, social conflict, and lasting environmental damage. For countries to benefit from resource wealth, citizens and their governments must make a broad range of decisions. Each requires governments to consider complex options and trade-offs, and devise strategies to implement these policy choices. And they must take into account the interests of, and risks borne by, extractive companies, in order to strike a mutually beneficial deal.
This intensive five-day course provided the training and insight required for policy leaders in the public and private sector to work towards better management and governance of oil, gas or mineral resources for a better future. The course built a better understanding of the interests of the public and private sectors and facilitated dialogue and mutual appreciation of respective positions between these different groups.
Globally recognised experts and academics have developed this course to encourage public and private sector leaders from multiple countries to share their own experiences, while gaining insights and specialist knowledge about natural resource management.