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Tax System news and technical articles from Oil & Gas Journal. Search Tax System latest and archived news and articles

  1. CGES: Russia reworking faulty export tax system

    Online Articles

    Mon, 1 Dec 2008

    Fletcher Senior Writer HOUSTON, Dec. 1 -- Russian producers and the government have been hit hard by a crude export tax system that has proven incapable of coping with the rapid drop in oil prices since early July. Since October, the government

  2. CGES: Russia grappling with faulty oil export tax system

    Magazine Articles

    Mon, 8 Dec 2008

    Russian producers and the government have been hit hard by a crude export tax system that has proven incapable of coping with the rapid drop in oil prices that started in early July. Since October, the government

  1. CHINA'S TAX SYSTEM RELATIVELY BENIGN, BUT PROBLEMS REMAIN

    Magazine Articles

    Mon, 28 Nov 1994

    Michael Cannon Price Waterhouse L.L.P. Hong Kong Recent developments in China's oil market have reignited the the interest of multinational oil and gas companies in China. New onshore and offshore blocks are being granted, and the Tarim basin has been opened to foreign participation for the first

  2. Russia's Petroleum Progress Changing Tax System Challenges Producers And Refiners In Russia

    Magazine Articles

    Mon, 25 Mar 1996

    Eugene M. Khartukov World Energy Analysis & Forecasting Group Moscow The oil city Nefteyugansk, in the Khanty Mansiisk Autonomous Okrug in Western Siberia, developed in conjunction with Russia's oil producing industry. Amoco Corp. opened a camp there in spring 1994 (foreground). Photo courtesy of

  3. UK North Sea operators criticize 2007 budget tax regime

    Online Articles

    Wed, 21 Mar 2007

    Energy companies operating in the UK North Sea are disappointed that UK Chancellor Gordon Brown has failed to adjust the tax system in his last budget to encourage more production in the mature province. Brown did not change the current corporation

  4. AUSTRALIA TAX LAW CHANGES SEEN BOOSTING E&P

    Magazine Articles

    Mon, 3 Sep 1990

    production to replace the unwieldy excise tax system . At the same time, the government ..... to replace the multitiered excise tax system on Bass Strait production. Australian ..... allowances and the unwieldy excise tax system have hampered Australian frontier

  5. Energy reforms: three case studies

    Magazine Articles

    Mon, 9 Feb 1998

    different nations recently launched efforts to liberalize their energy policies. Romania's new government revamped its tax system to encourage investment, particularly energy investments. Prime Minister Victor Ciorbea's cabinet lowered the income

  6. SOME PIPELINES TO BENEFIT FROM U.K. PRT CHANGES

    Magazine Articles

    Mon, 20 Dec 1993

    New pipelines carrying third party production will benefit from changes to the U.K. Petroleum Revenue Tax system announced Nov. 30. In unveiling Britain's second budget this year, Chancellor Kenneth Clarke said companies could pay tax

  7. An independent Scotland

    Magazine Articles

    Mon, 14 Jul 2014

    by adjustments once damage to the industry became clear to the government. "The result is a highly complex offshore tax system ," the report says. The oil and gas industry should welcome the report's clear-headed focus on encouraging oil

  8. LNG UPDATE Global LNG supply, demand remain tight

    Magazine Articles

    Mon, 7 Apr 2014

    the second tier kicking in at 7% once the operator has fully recouped its capital investment. Legislation putting the tax system in place will occur over the balance of this year and into 2015. British Columbia Prime Minister Christy Clark has said

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