In our latest 'month in brief', we highlight the main Fiscal and Licensing stories that occurred in August and we provide our analysis and opinion on the developments. This issue highlights: Changes in fiscal terms: Brazil extends indirect tax breaks, Cambodia signs PSC with revised fiscal terms, Mexico relaxes PEMEX cost caps, Russia increases mineral extraction tax (MET). Ongoing fiscal discussions: Australian government wins tax dispute with Chevron, Brazil discusses decrease in royalties, Egypt looks to design a more attractive PSC for investors, Nigeria proposes additional revisions to the petroleum law. Licensing rounds: improved signature bonuses in Brazil and US, Egypt launches round with biddable service fee. Our Fiscal theme page is a dedicated landing point where you can access all our fiscal summaries, informs, insights, presentations and tools - subject to subscription. This can be accessed via the "Themes" menu at the top of every page on the Wood Mackenzie portal.