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Petroleum fiscal and licensing month in brief: December 2016
Changes in fiscal terms: tax update in Norway, royalty change in Congo-Brazzaville, new terms for Zanzibar. Ongoing fiscal discussions: underpaymen...
Petroleum fiscal and licensing month in brief: Indonesia changes, Nigeria drafts, Australia reviews and Brazil debates
Changes in fiscal terms: new gross PSC model in Indonesia, mineral extraction tax increased in Russia, subsoil use tax reduced in Ukraine. Ongoing ...
Petroleum fiscal systems: 2016 in review
2016 kept pace with 2015, registering 41 changes to oil and gas fiscal terms. The last two years have been fiscally unstable as governments tried t...
OMV sells 30% interest in Rosebank (UK) to Suncor for up to US$215 million
OMV has agreed to sell a 30% stake in Rosebank to Suncor Energy, while retaining a 20% interest. The initial consideration is US$50 million upon co...
Onshore LNG: Evaluating the options for Indonesia's Abadi
The future of the remote, 20-tcf Abadi gas field offshore Indonesia has become more uncertain. In March 2016, INPEX's proposed 7.5-mmtpa FLNG US$15...
Oil prices: corporate positioning at US$60/bbl
The E&P sector has reacted rapidly and decisively to low prices. The portfolios of the sector’s top 50 companies now require US$72/bbl Brent to be ...
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