Dr Carole Nakhle, CEO of Crystol Energy, taught at the Executive Course on Oil, Gas and Mining Governance, that took place on 11–15 September 2017 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.
About the Course
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. To benefit from resource wealth, citizens, private companies, and governments must make a broad range of decisions. Each requires leaders to consider complex options and trade-offs, and devise strategies to implement these policy choices.
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 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. The 2017 Course looked at both technical policy aspects of managing resource and the complex interplay between governments, companies and citizens.
Topics that were covered included:
- Licensing and discovering minerals
- Taxing companies and combating tax abuses
- Directing state-owned enterprises
- Protecting local societies and the environment
- Managing revenues and investment
- Implementing your strategy and ensuring accountability