Insight

Global upstream fiscal systems: 4 things to look for in 2025

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Governments must proceed cautiously in 2025, because fiscal changes could entice or deter new investment. With oil prices largely stable, interest rates elevated, and companies exercising caution, regulators are faced with the tough decision to stand firm or modify terms. Read on for our take and what to look for in 2025.

Table of contents

  • Executive summary
  • 1: Fiscal impacts of protectionism may emerge
  • 2: New terms will clarify how strongly governments believe in their assets
  • 3: Some emissions fiscal terms will advance, others may recede
    • Things to look for in 2025 – a regional upstream series
    • Global upstream insights:
    • Regional upstream insights:

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  • Global decommex, 2015-2055

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    Global upstream fiscal systems: 4 things to look for in 2025

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