Insight
Petroleum fiscal and licensing month in brief: big bonuses determine winners in Mexico
Report summary
The two fiscal disruptions in January were the result of annual corporate income tax changes, that were not targeted at the oil and gas industry. A third fiscal change was evolutionary in nature and helped reset government expectations for new licences ahead of a bid round. The legislated fiscal changes were overshadowed this month by the fiscal terms offered by investors in competitive tenders. Mexico continued its hot streak by awarding 19 of 29 blocks, securing large signature bonuses in the process. But in comparison, Indonesia received little in the way of signature bonuses. With more rounds launched and some robust debate this month, read our report to discover: Which US states are considering raising taxes following the Trump tax cut? How close Nigeria is to a new petroleum law? Which country is under the transparency spotlight? How will fiscal terms help determine winners in the Indian OALP round? How big were the signature bonuses in Mexico?
Table of contents
- Changes to fiscal terms: existing assets
- Changes to fiscal terms: new licences
- Notable developments in ongoing fiscal discussions
- Licensing round highlights
Tables and charts
This report includes 5 images and tables including:
- Fiscal disruption: Israel - CIT cut
- Fiscal disruption: Uzbekistan - combined CIT cut
- Licensing Round awards (5 in January)
- Licensing Round launches (5)
- Licensing Rounds ongoing (28)
What's included
This report contains:
Other reports you may be interested in
Insight
Petroleum fiscal and licensing month in brief: Brazilian bonus bonanza
The fiscal and licensing month in brief will keep you up to date with fiscal system changes and licensing rounds with biddable fiscal terms.
$1,350
Insight
Petroleum fiscal and licensing month in brief: Iraq's new terms published
New terms were swiftly followed by the conclusion of 5th licensing round - contractors offered net revenue shares of between 4% and 20%.
$1,350
Insight
Petroleum fiscal month in brief: flexible terms on offer in the UAE
First impressions suggest there will be lower upfront taxes to make more projects viable on a post-tax basis.
$1,350