Insight
Petroleum fiscal systems: 2018 in review
Report summary
2018 was a relatively quiet year for fiscal changes. There were no major fiscal disruptions, as we predicted at the start of the year. Many licensing rounds, with new terms, were launched throughout the year. The trend of including fiscal terms as bid items continued. This means that blocks awarded in the same round could generate very different shares of future revenue for government. Some countries took the opportunity to review fiscal terms and ownership of expiring production licences.
Table of contents
-
Executive summary
- Fiscal disruption
- Fiscal evolution
- Changes to expiring production licences
- Upstream Competitiveness Index (UCI)
- Relevant reports
- January
- February
- March
- April
- May
- June
- July
- August
- September
- October
- November
- December
Tables and charts
This report includes 5 images and tables including:
- How did we do in 2018?
- Significant fiscal changes in 2018
- Fiscal disruptions: 2018 vs 2017
- Notable changes to expiring production licences in 2018
- Sample UCI heat map
What's included
This report contains:
Other reports you may be interested in
16 January 2018
Petroleum fiscal systems: 2017 in review
Insight
Petroleum fiscal systems: 2017 in review
A relatively quiet year that was transformed by December events, leading to US$200 billion in fiscal disruptions.
$1,35017 January 2017
Petroleum fiscal systems: 2016 in review
Insight
Petroleum fiscal systems: 2016 in review
There were 41 changes to oil and gas fiscal terms in 2016, with an impact on tax and investor value in Mexico, Brazil, UK, US and Russia.
$1,35031 January 2017
Petroleum fiscal systems: what to look for in 2017
Insight
Petroleum fiscal systems: what to look for in 2017
There were over 40 fiscal changes in 2016. We review the discussions that will take place in 2017, which we expect to be just as volatile.
$1,350
Trusted by leading organisations
