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Petroleum fiscal and licensing month in brief: oil companies cheer US tax reform

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06 December 2017

Petroleum fiscal and licensing month in brief: oil companies cheer US tax reform

Report summary

In our latest 'month in brief', we highlight the main Fiscal and Licensing stories that occurred in November and we provide our analysis and opinion on the developments. This issue highlights: • Changes in fiscal terms: Argentina adopts incentive price system for gas production, tie breaker signature bonuses payable in Mexico, new fiscal system in Iraq and improved fiscal terms for Brazil’s 4th PSC round • Ongoing fiscal discussions: transferable tax history initiative announced in UK budget, US Federal tax plan lowers CIT, Mozambique mulls capital gains tax increase and Russian additional profits tax law approved • Licensing rounds: C$15M signature bonus in Newfoundland & Labrador secures one block and only two bids received in Israel’s first offshore license round

Table of contents

  • Changes to fiscal terms: existing assets
  • Changes to fiscal terms: new licences
  • Notable developments in ongoing fiscal discussions
  • Licensing round highlights
  • Appendix

Tables and charts

This report includes 4 images and tables including:

  • Neuquen incentives change
  • Licensing round awards (4)
  • Licensing round launches (2)
  • Licensing rounds ongoing (32)

What's included

This report contains:

  • Document

    PFL_MiB_Licensing_201711.xls (1)

    XLS 300.50 KB

  • Document

    PFL_MiB_OngoingDiscussions_201711.xls (1)

    XLS 303.00 KB

  • Document

    Petroleum fiscal and licensing month in brief: oil companies cheer US tax reform

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    Petroleum fiscal and licensing month in brief: oil companies cheer US tax reform

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