Insight
Upstream fiscal systems in brief
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The upstream fiscal systems in brief provides our opinion and analysis on the latest stories and trends related to upstream petroleum fiscal systems. We report on four main themes: fiscal disruption that impacts existing assets, fiscal evolution where changes that affect new licences, details and implications of ongoing discussions and biddable terms where terms are part of a competitive bidding process.
Table of contents
- Fiscal d isruption : Colombia announces temporary tax on sale / export of hydrocarbons amid internal unrest
- Ongoing discussion: UK government launches consultation on EPL successor
- Fiscal disruption: Sharjah's new corporate tax puts upstream investment at risk
- Fiscal evolution: India asserts fiscal stability and economic parity during the India Energy Week
- Fiscal disruption: Uganda court sides with industry, allows exploration costs to be deducted from capital gains
- Ongoing discussions: Kazakhstan proposes to extend Alternative Subsoil Tax and changes to the Mineral Extraction Tax
-
Fiscal evolution: trusting in its prospectivity, South Africa’s upstream petroleum bill becomes law with a mandatory 20% state carry
- Fiscal evolution: Indonesia implements new Gross Split terms, Boon or bane for contractors?
- Fiscal disruption: UK budget provides a sigh of relief from investors, but a long way to go to restore confidence
- Ongoing discussion: TotalEnergies exits discovery in South Africa after price agreement can’t be reached
- Ongoing discussion: Senegal should tread lightly in possible contract renegotiations
- Fiscal evolution: Argentina offers stability and tax breaks for investors with deep pockets
- Biddable terms: Nigeria continues an African trend – better terms to attract new investment
- Ongoing discussions: Angola set to increase incentives
- 24 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Fiscal disruption: Colombia Concession - Temporary Hydrocarbon TaxPost-tax NPV comparison for different scenariosThe impact of new corporate tax on Mahani
-
India's windfall levy collectionIndia's windfall levy rate trendOil MET ratesLegislative TimelineGlobal fiscal comparison (oil)Regional fiscal comparison (gas)Example onshore oil and gas project competitiveness: Argentina RIGI impactAngola and Nigeria production
- 83 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream week in brief: Q4 2025 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Insight
US upstream in brief: Continental farms into four PAE blocks in Vaca Muerta
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Insight
Latin America upstream in brief
The Latin America upstream in brief provides the Wood Mackenzie view on key industry events in Central and South America as they unfold.
$6,750
